The Insurance School (Non-Life) of JAPAN

HISTORICAL BACKGROUND

International cooperation in the field of insurance first drew world attention in the mid-1960s, when the Committee on Invisibles and Financing related to Trade (CIFT) under the United Nations Conference on Trade and Development (UNCTAD) put forward its recommendations in October 1966. It recommended that developed countries make an active commitment to international cooperation with developing countries in the field of insurance and reinsurance, including technical assistance, training of human resources and exchange of information and data. In 1968, the recommendation was adopted by the 2nd meeting of the UNCTAD held in New Delhi, India and was readopted by the 3rd meeting in Santiago, Chile in 1972.

Coincidentally, in the 1960s, the East Asia Insurance Congress (EAIC) started talks as to how they could best develop regional collaboration in the field of insurance, including training of human resources. In particular, at its meeting in Seoul, Korea in 1968, the discussion was highly motivated and turned on the idea of founding an Asian Insurance Research Centre and an Insurance Training Program. However, this plan was premature given the circumstances of the time.

In light of the recommendations adopted by the UN organization and the discussion developing locally in the East Asian region as well, the Japanese non-life insurance industry started extensive studies as to how it could effectively disseminate, specifically to East Asian insurance people, knowledge and expertise that it had accumulated through its own business operations in Japan.

A draft plan to launch a permanent educational program for insurance practitioners in the East Asia regions was unanimously approved by the members of The Marine and Fire Insurance Association of Japan (renamed the “General Insurance Association of Japan” in 2003) in October 1971. The program, entitled the Insurance School (Non-Life) of Japan, started in July 1972 and has been jointly organized by the association and the institute every year since.

​In 2022, ISJ celebrated its 50th anniversary.

16 ISJ regions

GENERAL COURSE

This is an educational and training program for insurance practitioners in the East Asian regions, which has been held in Tokyo year since the commencement of the ISJ in 1972. The name of the course was changed to "General Course" when the Advanced Course was created in 1991.
Currently, the course is aimed at giving participants insights into today’s market issues by providing an overview of the current market conditions, insurance products and practice, and management of each risk in the Japanese non-life insurance industry.
Since its inception in 1972 until the 49th session in 2023, as many as 1,625 participants from 16 regions had graduated from the course.
Due to the lift of COVID-19 related travel restrictions, the 49th session was held in two parts; the first in an online format and the second face-to-face, from mid-November to early December.

ADVANCED COURSE

By the time the total number of graduates reached 470 at the 18th session in 1989, the reputation of the ISJ was already well established in East Asian insurance circles. However, some of the participating regions expressed their expectations for an advanced course wherein they could exchange information and opinions on specific and topical subjects through discussions.
Around that time, the Insurance Advisory Council, the advisory body for the Minister of Finance of Japan, underscored the importance of the international contribution of the ISJ and recommended in their reports that further efforts should be made to enhance the ISJ to respond to the requests of the participating regions.
In complying with the request by the participating regions and the recommendation put forward by the Japanese government, the Japanese insurance industry decided to launch a new course, entitled the ISJ-Advanced Course. The first course was held in May 1991 under the main theme "Insurance Industry coping with Changes in Needs". Since then, this course has been held annually in addition to the General Course.
Currently, the course theme is “Development of a Sustainable-Growth-Strategy in General Insurance Market”. Participants will learn about the various issues of the non-life insurance industry in Japan and ISJ regions, success and failure, ERM, Corporate Management Strategy, HR Strategy, Sales Strategy, DX Strategy, Protection Gap, and more.
Between its inception in 1991 and the 34th session in 2024, 696 participants from 15 regions had graduated from the course.
The 34th Session of the ISJ Advanced Course was held in two parts; the first in an online format (in May 2024) and the second face-to-face (in June 2024)

OVERSEAS SEMINAR

Around the end of 1992, the subject of "Promotion of International Exchange" was tabled for discussion at the Association. It was resolved to launch another ISJ course, entitled the "ISJ-Overseas Seminar", to be held locally in the East Asian regions.
It was started in 1993 with the aim of providing information on subjects that regional insurance markets are interested in acquiring from the Japanese market. One or two places are selected each year as venues for the seminars which are organized with the help of each regional non-life insurance association.
The topics of seminars are chosen according to the needs of the regional markets in collaboration with local co-sponsors. Staff members of insurance companies with expertise in these areas and the institute's staff are sent from Japan as lecturers and coordinators.
Due to the COVID-19 pandemic, the overseas seminars were held online on demand from 2020 to 2022, but the 2023 seminar could be held in Phnom Penh for the first time in four years for insurance industry professionals in Cambodia. Since its inception in 1993 to its 30th session in 2023, approx. 6,120 participants have attended the seminars.

ISJ-Overseas Seminar in Phnom-Penh in February 2024
* Program *
・Insurance Market Development in Cambodia
・ORSA with ERM for Solvency Purposes
・The Role of the General Insurance Association
   - Importance of Industry-wide Efforts
・“InsurTech” in the Japanese Non-life Insurance Industry
・Wide-Area Disaster Responses and Efforts to Make Prompt Payment of Insurance Claims in Japan
・Compulsory Automobile Liability Insurance in Japan
・Loss Adjustment for Automobile Insurance
   - For Efforts for Appropriate Claims Payment