The Insurers Association of Zambia (IAZ) is a member organisation for all licensed insurers and re- insurers companies in the country. IAZ was formed in 1997 by the first few insurance companies that were licensed following the liberalization of the economy. ZSIC General Insurance Limited (Zambia State Insurance Corporation Limited at the time) had been the only insurance company in the country, allowed to carry out insurance business from 1968 to 1991. However, following the opening up of the industry more companies started operating, which brought about the need to have a common body to speak on behalf of the industry and to champion the interests of insurance companies.
We are committed to creating a progressive insurance Industry embracing sound and good business practices in the design and delivery of innovation risk management solutions for all Zambian's and the business community.
To become an indispensible partner to the insurance industry and all key stakeholders; contributing significantly to the performance and growth of the insurance sector in Zambia.
Our main values are; Unity, Professionalism, Trust, Transparency,Commitment and Integrity.
"Insurance is meant to indemnify you, that is, put you back in the same financial position you were in before you suffered a loss."