IMIA - International Engineering Insurance Association

What IMIA - International Engineering Insurance Association does

IMIA (International Association of Engineering Insurers) is a non-profit professional membership association established in 1968 and headquartered in Liphook, United Kingdom, operating as a Company Limited by Guarantee under English law. It is the world's only global association exclusively focused on engineering insurance, serving over 100 member companies across 50 countries spanning insurance associations, insurers, reinsurers, brokers, loss adjusters, and legal professionals. The organization maintains a small secretariat of 11 staff led by a General Secretary (Stephan Lämmle), Technical Director/Chairman (Richard Radevsky), and Secretary (Stephanie Joslin).

IMIA's core offerings are built around an annual conference rotating through different countries, the IMIA Academy training program (delivered in Berlin with GDV and Singapore with SCI) awarding formal IMIA Diplomas, a knowledge centre containing working group papers spanning 1990 to present in five languages (English, French, German, Russian, Spanish), premium and loss benchmarking statistics, and a webinar series on emerging topics. There is no proprietary technology platform; the core technology consists of accumulated working group publications, claims case histories, standard policies, and country reports curated over 58 years. Working groups cover both traditional engineering risks (tunnelling, nuclear, renewable energy) and emerging topics (cyber, ESG, AI applications in ground risk).

The association monetizes through four revenue streams: recurring membership dues from member organizations, one-time annual conference registration fees (approximately £900 per delegate for members), academy training course fees (£700 for member delegates, £1,000 for non-members), and one-day regional event fees (€200-€250). Distribution is direct via the IMIA website and email, with registration handled through online forms and the Glueup platform for academy courses. Sponsorship revenue from organizations such as Willis, AXA, Integra, Clyde & Co, and Echo Re/DEVK Re supplements event economics. The business model is event-driven, reliant on continued member engagement and the willingness of senior engineering insurance professionals to participate in conferences, training, and working groups.

Name

IMIA - International Engineering Insurance Association

Legal name

International Association of Engineering Insurers

Website

https://imia.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

IMIA is a UK-based non-profit professional membership association founded in 1968, serving as the world's only global association focused exclusively on engineering insurance. It serves over 100 member companies across 50 countries through annual conferences, training academies, working groups, and a multi-decade knowledge library.

Ownership category

akta.pro rank

Headquarters

HQ city

Liphook

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Revenue generated from membership fees paid by insurance associations, insurers, reinsurers, and associate members (brokers, adjusters, lawyers). The membership application form is noted as under review.
2. Annual Conference Fees: Conference registration fees charged to delegates. The Singapore 2026 conference price is £900 per person for IMIA members. Previous conferences charged GBP 900 for attending Delegates or GBP 1,000 for Guests.
3. Academy Training Course Fees: Fees for attending IMIA Academy engineering insurance training courses. The Berlin Academy 2026 charges £700 for delegates from IMIA member companies and £1000 for non-members. The courses include 5 work lunches and 1 dinner.
4. One-Day Event Fees: Fees for one-day regional events. The Paris 2026 one-day event costs €200 for Members and €250 for Non-members.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

IMIA is a global membership association that delivers networking, professional education, and technical knowledge resources for the engineering insurance industry. It sells recurring membership subscriptions to insurance associations, insurers, reinsurers, and associate members (brokers, adjusters, lawyers), along with paid attendance at its annual conference, IMIA Academy training courses (with formal diplomas), and regional one-day events. Members also access a Knowledge Centre of working group papers, claims case histories, standard policies and clauses, and global premium and loss statistics.

Product overview

IMIA (International Association of Engineering Insurers) is a professional association, not a technology product company. It operates a network of over 100 member companies across 50 countries focused on promoting best practices in engineering insurance. The organization's offerings include annual conferences, training academies (IMIA Academies offering courses in Berlin and Singapore with diplomas), a Knowledge Centre with reference documents and working group papers, premium and loss statistics for benchmarking, webinars on industry topics, and membership programs. There is no product portfolio in the traditional SaaS/technology sense—these are membership-based professional association services.

Differentiator

Problem solved

Functional benefit

Brands

• IMIA Academy: Training courses for engineering insurance underwriters with formal IMIA Diplomas
• 59th IMIA Annual Conference

Products and services

• Annual Conference
• IMIA Academy Training Courses
• One-Day Regional Events
• Knowledge Centre Subscription Access
• Working Group Papers Program
• Premium and Loss Statistics Service
• IMIA Webinars
• Membership Program

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor, core and major.

• Willis (Headline Sponsor - Singapore 2026)minorOthers · 1 April 2026Willis Towers Watson serves as the Headline Sponsor for the 59th IMIA Annual Conference in Singapore, September 2026.
• AXA (Gold Sponsor - Singapore 2026)minorOthers · 1 April 2026AXA serves as a Gold Sponsor for the 59th IMIA Annual Conference in Singapore, September 2026.
• Integra (Silver Sponsor - Singapore 2026)minorOthers · 1 April 2026Integra serves as a Silver Sponsor for the 59th IMIA Annual Conference in Singapore, September 2026.
• Clyde & Co (Silver Sponsor - Singapore 2026)minorOthers · 1 April 2026Clyde & Co serves as a Silver Sponsor for the 59th IMIA Annual Conference in Singapore, September 2026.
• Echo Re / DEVK Re (Silver Sponsor - Singapore 2026)minorOthers · 1 April 2026Echo Re and DEVK Re jointly serve as a Silver Sponsor for the 59th IMIA Annual Conference in Singapore, September 2026.
• SCORminorStrategic or Co-development Partner · 1 March 2026SCOR hosts the Paris one-day IMIA event on 17th March 2026 at the SCOR Auditorium, providing the venue for the regional French market event.
• GE VernovaminorStrategic or Co-development Partner · 1 February 2026GE Vernova Singapore Services in Jurong serves as a site visit option for the 59th IMIA Annual Conference, offering delegates an opportunity to see next-generation capabilities in gas turbine repair, component refurbishment, and lifecycle maintenance.
• SCI (Singapore School of Insurance)coreStrategic or Co-development Partner · 1 December 2025SCI is IMIA's key partner for delivering the Singapore Academy training course. The two organizations co-host the IMIA Singapore Conference 2025 and collaborate on regional engineering insurance education initiatives in Asia.
• GDV (The German Insurance Association / Gesamtverband der Deutschen Versicherungswirtschaft e.V.)coreStrategic or Co-development Partner · 1 December 2025GDV is IMIA's partner for the Berlin Academy engineering insurance training course. The course takes place at GDV's facilities in Berlin, combining IMIA's technical curriculum with GDV's infrastructure and local support.
• Commercial RiskmajorGTM or Marketing Partner · 1 December 2025Commercial Risk offers special discounts on their conference registration for participants of IMIA member organisations. The organizations coordinate event schedules, with Commercial Risk events following IMIA conferences (e.g., Commercial Risk conference on 24th September 2026 following the IMIA Singapore Conference).

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• RIMS - Risk and Insurance Management Society: Global not-for-profit membership organization for risk professionals and insurance buyers, offering conferences, education, benchmarking, and certification. Comparable to IMIA in its association model, education offerings, and benchmarking products serving the broader insurance ecosystem.
• International Underwriting Association (IUA): London-based representative body for companies writing marine, energy, aviation, and other specialty insurance and reinsurance business. Comparable to IMIA in serving specialty-line underwriters with technical papers, events, and working groups.
• IUMI - International Union of Marine Insurance: Global membership association focused exclusively on marine insurance, with a similar structure of annual conferences, working groups, and statistical publications serving insurers and reinsurers worldwide. Directly comparable to IMIA as a specialty-line international insurance association.
• AIDA - Association Internationale de Droit des Assurances: International association for insurance law with national chapters worldwide, producing research, conferences, and a working paper repository. Comparable to IMIA as a global, multi-jurisdiction insurance association built around knowledge exchange.

Broad incumbents

• APCIA - American Property Casualty Insurance Association: US national trade association representing property and casualty insurers, providing advocacy, research, and industry data. Comparable to IMIA as an industry association but with a US focus and a much broader insurance remit than engineering specialty.
• The Institutes: US-based provider of risk and insurance education, including the CPCU designation, serving a broad cross-section of the insurance industry. Comparable to IMIA's training mission but covering all lines of insurance rather than engineering specialty.
• The Chartered Insurance Institute (CII): UK-based professional body for the insurance and financial planning industry, offering qualifications, continuing professional development, and member services. Overlaps with IMIA's Academy training and diploma offerings but operates across all lines of insurance rather than engineering specialty.

Regional players

• Insurance Institute of London: Regional professional institute serving insurance practitioners in the London market, providing lectures, examinations, and networking events. Comparable to IMIA in its London roots and educational mission but with a broader London-market focus rather than engineering specialty.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/imia
• LinkedInlinkedin.com/company/imia-international-engineering-insurance-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IMIA - International Engineering Insurance Association