Insurance Institute of India: Difference between revisions

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{{Use dmy dates|date=June 2018}}
{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Use Indian English|date=June 2018}}
 
[[File:Mohd. Hamid Ansari at the valedictory function of the Diamond Jubilee celebrations of Insurance Institute of India, in Mumbai. The Governor of Maharashtra, Shri C. Vidyasagar Rao, the Chief Minister of Maharashtra.jpg|thumb|Mohd. Hamid Ansari at the valedictory function of the Diamond Jubilee celebrations of Insurance Institute of India, in Mumbai. The Governor of Maharashtra, Shri C. Vidyasagar Rao, the Chief Minister of Maharashtra]]
The '''Insurance Institute of India''' is the [[statutory|statutory professional body]] for [[underwriting|Insurance Underwriters]] established in 1955 in [[Mumbai]] by [[Insurance Regulatory and Development Authority of India]] and  is under the [[jurisdiction]] of [[Ministry of Finance (India)|Ministry of Finance]] , [[Government of India]]<ref name="inst">{{cite web|title=History|url=https://www.insuranceinstituteofindia.com/web/guest/history|website=Insurance Institute of India|access-date=23 July 2016}}</ref> for the purpose of imparting insurance underwriting education to persons engaged or interested in insurance underwriting. The institute conducts examinations at various levels. It is the professional institute in India devoted solely to insurance-underwriting education.
The '''Insurance Institute of India''' is the sole [[statute|national apex body]] for [[underwriting|Insurance Underwriters]] established in 1955 in [[Mumbai]]. It is under the [[jurisdiction]] of [[Ministry of Finance (India)|Ministry of Finance]], [[Government of India]]<ref name="inst">{{cite web|title=History|url=https://www.insuranceinstituteofindia.com/web/guest/history|website=Insurance Institute of India|access-date=23 July 2016}}</ref> for the purpose of imparting insurance underwriting education to persons engaged or interested in insurance underwriting. The institute conducts examinations at various levels. It is the professional institute in India devoted solely to insurance-underwriting education.


Certificates and Diplomas are awarded by the institute to successful candidates. These are recognised by the [[Government of India]], the Insurance Regulatory and Development Authority ([[Insurance Regulatory and Development Authority|IRDA]]) and insurers in India and abroad. These qualifications are recognised by similar institutes in the UK, Canada and the United States, for grant of exemption from some of their papers. The Sri Lanka Insurance Institute and the Royal Insurance Corporation of Bhutan are also affiliated to the institute. The institute also invites notable professionals from the industry to deliver guest lectures such as Mr. Ankur Mehta, Executive Vice President at Marsh India. Moreover; the Fellows and Associates of the [[Chartered Insurance Institute]], [[Institute and Faculty of Actuaries]], and [[Institute of Actuaries of India]] can apply for [[Licenciate]]/[[Associate's Degree|Associateship]]/
Certificates and Diplomas are awarded by the institute to successful candidates. These are recognised by the [[Government of India]], the Insurance Regulatory and Development Authority ([[Insurance Regulatory and Development Authority|IRDA]]) and insurers in India and abroad. These qualifications are recognised by similar institutes in the UK, Canada and the United States, for grant of exemption from some of their papers. The Sri Lanka Insurance Institute and the Royal Insurance Corporation of Bhutan are also affiliated to the institute. The institute also invites notable professionals from the industry to deliver guest lectures such as Mr. Ankur Mehta, Executive Vice President at Marsh India. Moreover; the Fellows and Associates of the [[Chartered Insurance Institute]], [[Institute and Faculty of Actuaries]], and [[Institute of Actuaries of India]] can apply for [[Licenciate]]/[[Associate's Degree|Associateship]]/
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==External links==
==External links==
*[http://www.insuranceinstituteofindia.com Insurance Institute of India] Official website of Insurance Institute of India.
*[http://www.insuranceinstituteofindia.com Insurance Institute of India] Official website of Insurance Institute of India.
<br />
*[https://www.kenyanz.com/india/mumbai/education-1/insurance-institute-of-india Insurance Institute of India] More information on Insurance Institute of India.
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Revision as of 08:25, 25 August 2021

Mohd. Hamid Ansari at the valedictory function of the Diamond Jubilee celebrations of Insurance Institute of India, in Mumbai. The Governor of Maharashtra, Shri C. Vidyasagar Rao, the Chief Minister of Maharashtra

The Insurance Institute of India is the sole national apex body for Insurance Underwriters established in 1955 in Mumbai. It is under the jurisdiction of Ministry of Finance, Government of India[1] for the purpose of imparting insurance underwriting education to persons engaged or interested in insurance underwriting. The institute conducts examinations at various levels. It is the professional institute in India devoted solely to insurance-underwriting education.

Certificates and Diplomas are awarded by the institute to successful candidates. These are recognised by the Government of India, the Insurance Regulatory and Development Authority (IRDA) and insurers in India and abroad. These qualifications are recognised by similar institutes in the UK, Canada and the United States, for grant of exemption from some of their papers. The Sri Lanka Insurance Institute and the Royal Insurance Corporation of Bhutan are also affiliated to the institute. The institute also invites notable professionals from the industry to deliver guest lectures such as Mr. Ankur Mehta, Executive Vice President at Marsh India. Moreover; the Fellows and Associates of the Chartered Insurance Institute, Institute and Faculty of Actuaries, and Institute of Actuaries of India can apply for Licenciate/Associateship/ Fellowship of the Insurance Institute of India.

Applicants can specialise in life insurance underwriting or general insurance underwriting . Examinations are held for Flagship course and a certificate course:

  1. Licenciate, Associate, Fellowship.(Insurance Underwriter)
  2. Certificate in insurance salesmanship (CIS)

References

  1. "History". Insurance Institute of India. Retrieved 23 July 2016.
  • Examination handbook – Insurance Institute of India

External links