INSOL International is a world-wide federation of national associations of accountants and lawyers who specialise in turnaround and insolvency. There are currently over 40 Member Associations with over 9,000 professionals across 104 countries participating as members of INSOL International. Individuals who are not members of a member association join as individual members.
INSOL also has ancillary groups that represent the judiciary, regulators, lenders and academics. These groups play an invaluable role within INSOL and provide valuable forums for discussions of mutual problems.
INSOL's Vision and Purpose
OUR VISION: The INSOL International vision is to be the global association for restructuring and insolvency professionals operating in every country. We influence global restructuring and insolvency practice and policy, supported by a membership who share a global perspective.
The INSOL International Vision is an aspiration we strive for on a continuing basis. It is not something that will be achieved in the life of this Strategic Plan, this Board, or many of the current membership.
A dynamic global economy needs dynamic global restructuring and insolvency solutions. We know that some jurisdictions are highly sophisticated and experienced in their use of restructuring and insolvency systems while others are at the outset of their journey. It is not enough to focus on a smaller number of jurisdictions when there are many who need help. Taking a genuinely global mindset in the 21st Century makes sense.
A global economy where cross-border commercial transactions can occur with minimised risk and value protected as far as possible is an ideal worth pursuing. There is much to be accomplished and a clear focus is required. It’s the right thing to do for future generations.
OUR PURPOSE: A member-driven network maximising global economic value by improving solutions to cross-border issues, advancing restructuring and insolvency systems through the deep expertise of our members.
INSOL International exists to support its members wherever they may be and in whatever role they perform in the restructuring and insolvency profession.
The origins of INSOL International were modest. We take a global view of membership and a global view of the value we can add for our members and the profession.
The ‘what and how‘ of INSOL International activities constantly expands in response to our market. In essence, it focuses on improving restructuring and insolvency solutions where cross-border issues dominate. Those activities often include sharing knowledge and ideas that will further commercial objectives, developing networking contacts through facilitating cross-border business opportunities, and helping support the global economy. We know that nationally based restructuring and insolvency issues are best handled by national level Associations and other member groups.
Importantly, we rely on the generous contribution of expertise and time from our membership and the G36. This is the powerful engine room of the growth and impact we aspire to achieve in global restructuring and insolvency.
Objectives and Key Strategies
Member Support and Services
- +Redefine membership criteria, roles and structure;
- +Develop extended member services with regional hubs and focus;
- +Expand networking and business opportunities during conferences, formal events and online;
- +Extend member and stakeholder communications to match global expectations.
Thought Leadership and Scholarship
- + Promote and support the design and development of world leading restructuring and insolvency systems;
- +Empower our Committees, Working Groups and common interest groups to be effective and impactful;
- +Lead the expansion of local education in global issues with our Member Associations;
- +Harness the expertise of the INSOL International Fellows to lead bespoke thought leadership and scholarship initiatives.
Global Influence and Advocacy
- +Deepen our relationships with key regional and local bodies;
- +Build strategic relationships with professional Peer Associations to foster communication and cooperation;
- +Support and complement the strategies of Member Associations within their regions with a global perspective.
Technical Education and Publications
- +Further develop the Global Insolvency Practice Course;
- +Develop a Judicial Training College to meet increasing global demand;
- +Expand online training resource content and access;
- +Ensure technical products meet the needs of all members.
People, Resourcing and Culture
- +Develop and implement an Investment Plan to support the new initiatives;
- +People management aligned to organisational intent and operating context;
- +Establish and standardise systems and processes to enable expansion in other regional hubs;
- +Develop global brand and marketing strategies which promote and foster INSOL International’s Vision.