The Insurance and Pensions Commission (IPEC) is a statutory body established in terms of the Insurance and Pensions Commission Act [Chapter 24:21], to regulate the insurance and pensions industry with the objective of developing the industry for the protection of insurance policyholders and pension fund members’ interests.

IPEC regulates short and long term insurance, Private Occupational Pension Schemes and the Individual Pensions Policies.

The Commission commenced its operations in 2005 after it was weaned off the Ministry of Finance and Economic Development.

The Commission is accountable to the Ministry of Finance and Economic Development.