Launch of online tutorials to widen association's reach
The International Association of Insurance Supervisors (IAIS) today launched the IAIS DISCOVER (Development of Insurance Supervision Compendium of Virtual Educational Resources) Project in Beijing, China.
The IAIS DISCOVER Project will deliver a series of online tutorials to widen the reach of the Association’s standard-implementation initiatives, especially in developing and emerging markets.
IAIS DISCOVER builds on the Core Curriculum for Insurance Supervisors, developed by the IAIS in cooperation with the World Bank. The interactive features of the online tutorials will improve delivery of topical insurance course content and facilitate timely updates from supervisory authorities on emerging issues, thus ensuring continued relevance of the tutorials. The web-based courses will complement the regular IAIS workshops and distance learning events.
Mr Wu Dingfu, Chairman of the China Insurance Regulatory Commission (CIRC) which hosted today’s launch, expressed strong support for the project and encouraged emerging market nations to use the online tutorials of IAIS DISCOVER to enhance their supervisory capacities. The project launch piloted three tutorials for insurance supervisors from Asian jurisdictions. In addition, round-table discussions involving senior supervisors, leaders from the international insurance industry and academics focused on strengthening supervision in insurance markets.
Mr. Michel Flamée, Chair of the IAIS Executive Committee, said: “We have invested substantial resources in the IAIS DISCOVER Project, reflecting its importance in helping build capacity in insurance supervisory authorities across the globe. Our primary objective is to achieve effective implementation of the IAIS’s supervisory standards worldwide, thus promoting efficient and wellfunctioning insurance markets that will ultimately contribute significantly to global financial stability.”
The initiative is supported by voluntary financial contributions and expertise from IAIS Members and Observers, and international organisations. Mr Flamée thanked those who have already pledged their support and encouraged others to join the effort.
Further information about the IAIS DISCOVER Project is available on the IAIS website
(http://www.iaisweb.org).
