The Insurance Institute of SA is a national registered professional body recognised by the South African Qualifications Authority for awarding professional designations in the short-term insurance industry. The IISA is a registered non-profit organisation established in 1966 by the industry to advance the insurance sector in South Africa and beyond. The primary responsibility of the institute to its members and the industry in general, is to promote the advancement of knowledge and skills, the maintenance of the highest level of standards and ethics as well as the professional development within the insurance industry.