The Code and the Guide to good practice sets out the standard of personal and professional conduct required of members of the Insurance Institute of Namibia
THE CODE
The Insurance Institute of Namibia aims to promote the highest professional and ethical standards in the insurance business, both in Namibia and elsewhere. The Committee and Membership of the Institute look to you, as a member, to uphold these standards and the reputation of the Institute by:
• Behaving with complete integrity in your professional life
• Complying with the law and with the best principles and practice relating to insurance
• Conducting yourself in a professional and honourable manner towards those with whom you are in contact in business life
• Observing and applying the guide to good practice
• Giving due and proper consideration to the requirements and interest of clients and respecting the confidentiality of information
• Ensuring, that advertisements and other public announcements with which your name or qualifications are associated are not such as might bring the Institute into disrepute
GUIDE TO GOOD PRACTICE
The Guide to Good Practice amplifies the Code:
• Members should take every opportunity to improve their professional capability (Continuous Professional Development)
• Every member should support local Institute activities
• Senior members have the responsibility of encouraging others to obtain their professional qualification and of helping to promote insurance education at all levels
ADDITIONAL CODE FOR DIPLOMA HOLDERS (FELLOWS & ASSOCIATES)
Those members who hold the professional diplomas of the Institute at Fellowship or Associateship level have additional responsibilities to the Institute and the insurance business:
• They are expected to continue their professional development through whatever appropriate means are available to ensure that their technical knowledge is up to date and of the highest standard
• They have a particular responsibility towards the younger members of the Institute and should be prepared at all times to participate in their education and training and to help them with any problem they may encounter in connection with their work
• The title of Fellow or Associate is granted to individual members and must not be used as applying to firms, partnerships or corporate bodies
• They must at all times act with the utmost integrity and ensure that their staff act similarly;
• They must not act in a manner unbecoming someone with the status and recognition of a diploma holder
