To promote educational and knowledge sharing activities in the field of insurance, the Pakistan Insurance Institute (PII) was set up in 1951 by the insurance fraternity of Pakistan.
In 1953, PII is affiliated with the Chartered Insurance Institute

A full day workshop on the topic of Internal Audit was held on September 25, 2019 at Movenpick Hotel, Karachi covering both General and Life Insurance Companies. Mr. Muhammad Abbas, Head of Internal Audit EFU Life Assurance Limited presented the internal audit process of Life insurance companies whereas Mr. Nawaid Jamal, CFO Jubilee General Insurance presented the internal audit process of General Insurance Companies.