The Foundation for Insurance and Finance Education Limited (FIFE) was established in 1998 to cater to the ever-growing education and training needs within the insurance and finance industry of the Middle East and Africa (MEA) region. FIFE is part of the Nest Group – one of the largest insurance and investment holding groups in the region. Nest Group operates in more than 25 countries with total assets of over USD 5.1 billion and annual turnover exceeding USD 620 million.
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FIFE supports in preparing regional candidates to secure internationally recognized professional qualifications in Arabic from globally renowned institutional leaders such as, the Chartered Insurance Institute (CII), UK; the American Institute for Chartered Property Casualty Underwriting (AICPCU), USA; Life Office Management Association (LOMA), USA; and America’s Health Insurance Plans (AHIP), USA.
FIFE strongly intends to promote for the public benefit the study and research in the disciplines of insurance and finance education and in all branches of such disciplines and to develop improved methods for the growth and development of insurance and finance industry.
With more and more markets in the Middle East and Africa (MEA) region keen towards developing the insurance and finance sector, the industry regulatory authorities are working towards minimum standard qualifications in order to put professionalism in practice.
FIFE has teamed up with Bahrain-based Taamina Corporation to enhance and develop the public insurance awareness. “Taamina” – the attractive and much loved trademark was an idea created with great enthusiasm to spread the good word of insurance by a visionary set of insurance people, who are determined to fulfill the void of insurance awareness in the Middle East region.
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