AILO is pleased to announce that the DIFC Insurance Association (DIFCIA) has recently become an Affiliate Member.

DIFCIA – which is a community of professionals committed to shaping a prosperous and sustainable insurance market – provides a trusted and independent voice for the insurance industry.

Simon S. Price, CEO of the DIFCIA, commented: “Our shared objective is to enhance advocacy and influence on behalf of our members. By establishing this partnership with AILO, we will broaden our network to include other global marketplaces and provide valuable support to our mutual members.”

DIFCIA describes AILO as a ‘unique trade organisation, representing and promoting the cross-border life insurance and wealth management industry’. AILO was formed in 1987 by several companies providing insurance and investment services in many areas of the world. The founding Members, say DIFCIA, recognised the vast potential of the international opportunity and its parallel development in the European Single Market, as well as the need for the emerging industry to have a framework of communication, standards and representation.

DIFCIA is now one of four organisations that are Affiliate Members of AILO, along with CIFA (Convention of Independent Financial Advisors); FECIF (European Federation of Financial Advisers and Financial Intermediaries); and FEIFA (Federation of European Financial Advisers).

Bob Pain, AILO’s CEO, said: “We’re delighted to welcome DIFCIA to our growing number of Affiliate Members. Fostering collaboration with representative organisations is a key part of AILO’s mission to act as an advocate for cross-border insurance companies and firms in supporting industries.”

Advocacy is one of AILO’s three pillars, along with education and analysis. If you or your business want to follow DIFCIA’s lead and join AILO – either as an Affiliate, Associate or Full Member – please click here for full details.

Simon S Price, CEO, DIFCIA