The Vanguard Market Development Award


The Vanguard Market Development Award recognizes those who have substantially advanced the development of insurance in an underserved market or emerging economy.   The award recipient is elected annually by secret ballot by the IIS Honors Committee, a body of senior insurance executives across industry sectors and regions of the world as well as leading academicians. The IIS, founded in 1965, is a global forum for all stakeholders of the industry, examining vital issues which shape the industry and drive growth and innovation towards narrowing the protection gap. Members from over 90 countries include re/insurance executives, regulators, academicians and representatives from international institutions.


  • Nominees must be adjudged to have a broad, encompassing and lasting contribution that impacts the insurance industry, thereby affecting a substantial influence on the ability of the industry to serve society.