TII and SJTU sign MOU

Taiwan Insurance Institute, hereinafter referred to as TII, made and entered into a memorandum of understanding (MOU) with Shanghai Jiao Tong University, hereinafter referred to as SJTU, on the 25th April 2014, and initiated the mechanism of interaction and collaboration with Mainland China. In the future, the mutual cooperation between TII and SJTU will mainly focus on research in the field of insurance law and regulations, co-holding insurance law related seminars and conferences, and sharing experiences in conducting training courses.

TII, which is lying in between the government and the insurance industry, was founded in 1985 for the purpose of enhancing the sound development of insurance industry as well as the mutual benefits of the insurers, insured and the social public. TII’s major responsibility includes conducting professional insurance research, cultivating insurance talents and experts, studying actuarial and statistics, reviewing insurance products, collaborating with international insurance organizations, propagating risk management and insurance knowledge, and acting as a think tank for people in Taiwan. Moreover, TII is expecting to develop itself as a regional insurance education and training center by involving in comprehensive international interactions

SJTU, founded in 1896, is a comprehensive, research-oriented, and internationalized top university in China. Its Law School was established in 2002, and co-named KoGuan Law School in 2008. The University prioritizes the legal education and research as a priority subject in the future, and is building KoGuan Law School into the base for cultivating the outstanding talents, the palace for studying the institution principles and the theories for rule of law, and the forum for holding dialogue with colleagues of the international academic community.

Through signing this memorandum of understanding, TII expects to reinforce interactions with Mainland China, to enhance cooperation for both sides insurers, to promote understanding of insurance law and regulations.