The Association of Insurance Institutes of the Caribbean (AIIC) was established as a result of the need for a Caribbean qualification with course content of specific relevance to the region. The inaugural meeting was held in 1989 in Antiqua, during the conference of the Insurance Association of the Caribbean (IAC). In 1990, a mandate was given to Mr. Sheriff Khan of the Academy of Insurance in Trinidad and Tobago and Mrs. Elaina Gonzalves of the Insurance College of Jamaica, to prepare a document on the implementation of a Caribbean professional qualification. In 1995, following meetings in several territories, the AIIC executive agreed to proceed with the plans based on the Caribbean industry’s positive support. Thereafter, the programme was altered to its present form.
The AIIC was instrumental in the formation of the following Institutes which are all now members of the AIIC except for the Insurance Institute of Grenada (which was recently re-constituted).