The AIPA was established in 2013, to meet the needs of the growing insurance sector, and to collectively represent the interests of the insurance community. AIPA was formally registered in February 2014. AIPA aims to serve as the voice of the insurance companies and the sector in dialogues and consultations with the Afghanistan Insurance Authority (AIA) - the Insurance Regulator, businesses, individuals, government ministries and other stakeholders – internal and external. AIPA receives support from the United States Agency for International Development (USAID) through the Financial Access for Investing in the Development of Afghanistan (FAIDA) project.
The AIPA aims to strengthen the competitiveness of the insurance industry in Afghanistan. All three functional licensed insurers in Afghanistan are members of the AIPA. The AIPA (also referred to as Association) also aims to build the capacities of insurance professionals and to generate greater awareness about insurance.