The founders included companies from France, Germany, Italy, the Netherlands, Sweden and Switzerland. The AIAG’s founding members set themselves the objectives of improving and expanding coverage and hail insurers’ services through the exchange of information, experience and statistics. Originally, only direct hail insurers were admitted to the Association, of which there were 60 at the time. From 1955, reinsurance companies and other related institutions, however excluding brokers, were accepted as ‘subscribing members’ without a vote. In 1956 there were 40 of these. Since 1997, brokers have also been accepted as ‘subscribing members’ providing they work in the agricultural insurance sector.
For some years now, it has been possible for both crop and livestock insurers to become AIAG members. In 2007, the ‘International Association of Hail Insurers’ was therefore renamed the ‘International Association of Agricultural Production Insurers’ although the well-known abbreviation ‘AIAG’ was still retained.