The International Finance and Insurance Association, IFIA for short, was established in 2013, with its general secretariat located in Hong Kong, China.

The International Finance and Insurance Association is a diverse and inclusive platform that provides knowledge, research, and thought leadership to all practitioners and stakeholders in the global financial insurance and risk management fields to enhance international connections and promote the development of the financial and insurance industry. . By linking outstanding talents in the field of finance and insurance from various countries around the world, the association combines the cutting-edge financial and insurance theories and experiences of developed countries with the national conditions of each country to find ideas and models suitable for each country's national conditions for global promotion.

1. History

IFIA originated from the concern and demand for the development trends of the global financial and insurance  industry, and was officially registered and established in 2013. With the continuous expansion and development of the international financial market, IFIA has gradually become a platform that brings together global financial and insurance professionals, providing important support and promotion for the development of the industry. The association relies on many international financial experts and scholars from Germany, the United States, Finland, South Korea, and Hong Kong, as well as executives of many financial and insurance groups around the world, and draws on the development paths and experiences of internationally developed and mature insurance markets. The association is committed to building a global international financial The insurance exchange platform promotes the global promotion of outstanding cases in the financial and insurance fields.

2. Mission and goals

IFIA's mission is to promote innovation and development in the financial industry, improve the quality and efficiency of industry services, and promote the stability and sustainable development of the global financial and insurance market through international cooperation and exchanges. Its goals include:

Enhance the global competitiveness of the financial and insurance industry and promote industry innovation and digital transformation; Promote cooperation and exchanges among international financial and insurance institutions, strengthen cross-border business cooperation and project investment; Promote the diversification and inclusiveness of financial and insurance products and services to meet the needs of different markets and consumers; improve the transparency and governance level of the financial and insurance industry, and protect the interests of investors and the stability of the financial market.

3. Job Responsibilities

IFIA’s job responsibilities cover many aspects:

• Promote cooperation and exchanges in the international financial and insurance industry and promote industry development and innovation;
  
• Carry out research and analysis on the financial and insurance industry, and provide strategic suggestions and guidance for industry development;
  
• Organize and hold international financial and insurance forums, seminars and training activities to promote exchanges and learning among industry professionals; support the business expansion and international cooperation projects of member institutions, promote cross-border investment and project cooperation; provide industry data and Information services help industry organizations conduct market analysis and decision-making.

4. Impact and significance

As one of the important organizations in the international financial and insurance industry, IFIA has an important influence and significance on the development and stability of the global financial and insurance market: promoting the interconnection and cooperation of the international financial and insurance industry, expanding cross-border business and market opportunities; promoting the financial and insurance industry technological innovation and digital transformation to improve industry efficiency and service levels;  strengthen the standardization and transparency of the financial and insurance industry to protect investor rights and financial market stability; and provide professional support and strategic guidance for the sustainable development of the financial and insurance industry.