In October 2000, members of both the AII and IINZ voted to merge the two professional associations and the new name of the Australian and New Zealand Institute of Insurance and Finance was adopted.

The Australian state-based Institutes, who continued to operate, followed suit in the next twelve months, becoming fully affiliated with the new body.

[5] These groups get specialised content, forums to discuss and network, a tailored library of articles and are led by industry specific boards.

The faculties are: Members of ANZIIF have access to a range of member benefits including: Online professional development, a library of news and articles, networking forums, Faculties with tailored content, scholarship programs, an industry journal, mentoring program, events & conferences and advocacy.

On the short course level, ANZIIF provides a range of conferences, seminars, training and networking opportunities to members and non-members to support the careers of insurance professionals.

[9] The Corporate Supporter network comprises a diverse group of companies, large and small, who all have the same desire to see the industry and its people succeed.