GENERAL INFORMATION


Background

WFII, the World Federation of Insurance Intermediaries represents insurance agents and brokers from over 100 national associations (in over 80 countries) across the world.

WFII was formally launched in January 1999, in Washington D.C. and represents over 400,000 professional intermediaries who handle the vast majority of insurance placements globally.

WFII represents the interests of intermediaries with international institutions and works to deepen the understanding of the role played by insurance brokers and agents in global commerce.


Mission

WFII was created to promote the increasingly vital role of insurance intermediaries in today’s economy, providing a powerful voice to advance their interests, to provide innovative solutions at the international level.


Objectives

WFII enables insurance intermediaries to speak with one voice to international institutions and regulators that affect their business throughout the world.

WFII enables the exchange of information on global issues and goals that all national associations of intermediaries have in common.

WFII provides global leadership, develops solutions and co-ordinates actions to promote the insurance intermediary industry at international level.


Working Principles

WFII members believe that further liberalisation of insurance intermediary markets across the globe is in the best interest of consumers and helps strengthen the economies of all participating countries.

WFII members fully accept competition from all sources of insurance distribution, provided this competition is fair and operates on a level playing field.

WFII members work together to ensure that all regulation supports a level playing field at national, regional and international levels.

WFII represents the interests of intermediaries with international institutions and works to deepen the understanding of the role played by insurance brokers and agents in global commerce.


Members

Africa
African Insurance Brokers Association, AIBA
South African Financial Services Intermediaries Association, SAFSIA

Asia/Pacific Rim
Council of International Insurance Brokers Associations, CIIBA

Europe
Bureau International des Producteurs d’Assurances et de Réassurances, BIPAR

Latin America
Confederacion Panamericana de Productores de Seguros, COPAPROSE

North America
Council of Insurance Agents and Brokers, CIAB
Independent Insurance Agents and Brokers of America, IIABA
Insurance Brokers Association of Canada, IBAC



The World Federation of Insurance Intermediaries aisbl is a non-profit federation registered in Belgium.