A To gear up for the spurt in demand for trained insurance professionals, both for insurance and brokerage firms as well as their intermediaries (market projections peg the demand at 25,000 additional jobs), several institutes have emerged that offer courses at all levels.
Almost all the big companies impart in-house training to their freshly recruited advisors to equip them for the mandatory IRDA exam.
Tags: brokerage, brokerage firms, demand, insurance, insurance professionals, intermediaries, jobs, market, market projections, spurt
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I am a graduate of law, and I want a career in the insurance industry. I would like to know more about the associate members of the Life Insurance Institute of India and their scope and benefits. I would also be interested to know, by universities or institutions offering MBA in the insurance sector.
The assurance of the economies of many employees of the occupational groups as officers of administration assistant to insurance, experts, insurance, risk managers, insurers, the authors claim ', actuaries, of insurance consultants, institutions, etc. Some insurance companies offer courses such as MBA (Insurance) and PG Diploma in
NEW DELHI, July 26. The Institute of Integrated Management Training (IILM) a one year full-time post-graduate diploma in insurance and risk management. This is allegedly the only one who, of course, the evolution of Insurance Regulatory Authority (IRDA).
Talking to Business Line, Dr Ahindra Chakrabarti, director, IILM, said: "With the opening of the insurance sector and increasingly global players recruitment shop, did it come to an increased demand for professionals l insurance gives lessons. "
The course, starting from September this year, issues such as the foundations of risk and insurance, management accounting, strategic management, laws and regulations related to insurance, reinsurance,
LUCKNOW: The Ministry of insurance and risk management, Jaipuria Institute of Management (JIM), which organized a one-day seminar on "An Agenda for the growth of the insurance" on Saturday.
Director of JIM, Dr DK Bandopadhyay, in his inaugural address in detail on the development of the insurance and their impact on the changing lifestyle.
Dr. KC Misra, director of the National-Versicherungs-Gesellschaft, Pune, who presided over the seminar, insofar as key statistics on the current state of the industry in India. He said that the entire industry in India is Rs 70.0000 crore, the growth of Rs 130000 crore 2004-2005, he added.
Among those
Indian Overseas Bank starts on Monday "Vidya Suraksha", its new education-cum-credit insurance.
Opening of the new annex to the Loyola Institute of Business Administration (Liba), Executive Director of IOB TS Narayanasamy said that the Bank had linked LIC and National Insurance Company Ltd, life and health insurance for students.
The insurance would also be on parents for a change and was very simplified, without a medical exam, Declaration on health and other documents of the insured.
Students would be required for the competence of the insurance premium in collaboration with the monthly loan, it has resorted to the IOB, he said. The scheme
Chennai, March 1 - Asian Institute of Communication and Research Business School has an agreement with the accession Life Office Management Association, USA, to offer courses in insurance and financial services.
Courses can be taught the classroom, study sessions and self-regulation, said a press release.
The LOMA, the accession of more than 1200 companies in 60 countries. Its FLMI (Fellow, Life Management Institute) programme covers life insurance, health and pensions.
The FFSI (Fellow, Financial Services Institute) covers the program in the area of financial services like banks and investment funds.
The courses, which focus on the text of LOMA materials will be useful for
Noel assist in the management and operation of all aspects of business. Its main objective will be to a full range of products Takaful, primary, which ensure maximum service and fitness for the diverse needs of customers across the Gulf Cooperation Council, and the Middle East and North Africa.
Developed for operations, in full accordance with the principles of the Islamic newly created solidarity of insurance is one of the Top Ten companies in the Arab world with regard to the capital.
"Solidarity is the mission of Takaful insurance companies around the world by providing a wide range of life insurance and
Indian Overseas Bank has decided to concentrate on education loans for augmenting its retail portfolio. The bank's education loans went up to Rs316 crore against 26,143 accounts in 2004-2005 from Rs239 crore against 19,462 accounts in 2003-2004.
The bank has launched Vidya Suraksha scheme under which it will offer insurance-backed loans. It has tied up with Life Insurance Corporation of India and National Insurance Company for insurance back-up. IOB has also formed alliance with Loyola Institute of Business Administration, Chennai.
Proud to be parents and students were all there in the conference room, Amity Business School recently at the ceremony of the second convocation of the Postgraduate Diploma in Insurance Amity 2001-02 school management for the insurance industry and of actuarial science.
More than 75 students have received diplomas from Sandeep Bakshi, MD and CEO of ICICI Lombard. Special honours, students were given life and non-life insurance stream academic excellence as a whole, the best quality of the conduct for human values, the analysis capabilities and the student ASIAS .
Bakshi, said: "The course in the management of insurance challenges
The traffic police has become the most efficient and effective agent of the insurance companies! The irrationality of the traffic police on insisting that the original copy of the insurance policy should be carried along is beyond comprehension. What is then the use of getting your vehicle insured? If the vehicle is stolen along with the insurance policy copy, imagine the trouble and tension the vehicle owner has to suffer to get the claim. After all, the insurance company will ask for the original copy of the policy.
The traffic police does not accept a photocopy of the policy. Many people
MUMBAI: a pilot project in Andhra Pradesh, modify health insurance for the insurance industry in HIV-positive patients.
The project is a basic review of micro-health insurance with options to protect the Critical Illness-conductors and AIDS. So far, insurers in the world were to forgo cover AIDS, because the degree of diffusion of problems related to the pricing and the anticipation of losses arising from claims.
Currently, the insurance cover for HIV-positive patients were as an initiative of the Ugandan government, in conjunction with USAID for the 25000 mine workers.
Indians project, initiated by the Centre for insurance and risk management
New Delhi, May 23 (PTI): enthusiastic over 100 percent growth in life insurance in 2006-07, more than four players at the beginning of their probable venture of the year.
Another awaits 3-4 players, the life insurance business in this financial year, the number of players to 20, "IRDA Member (Life) said Prabhakar G PTI here.
Your applications were rejected at various stages of approval, he said, adding that some of the candidates were verstaatlichte, banks have had a lot of foreign players.
There are currently 15 private players, with 25 per cent market share, while insurance, the public sector LIC-Player is the market
Distance-learning programs have been given increased credibility by the spread of information technology. The growth in the number of MBAs awarded in recent years is largely a result of distance learning program in conjunction with the widely acceptance of online degree in the job market. Individual who are looking for higher career achievement can now choose to pursue their MBA online while maintain their career and living style. With the available of online MBA programs, you have no excuses to delay pursuing your MBA just because you are busy with your work. Many online MBA programs are able to fit
Management graduates specialising in insurance are making the most of the rapid growth being witnessed by the insurance sector in the country. This is reflected in the rising graph of their annual pay packages offered at campus placement in specialist institutions like the National Insurance Academy (NIA), Pune.
This year, the highest pay pack bagged by an NIA school of management (NIASOM) student touched Rs 8.5 lakh per annum - up from the Rs 7 lakh per annum highest mark during last years recruitment exercise.
The average salary package, too, has gone up significantly from Rs 4.5 lakh to Rs
Narsee Monjee Institute of Management Studies (NMIMS) from Mumbai, a training programme for students who need assurances that specializes in class. The programme aims to provide advice and solutions tailored sales strategies. It is, among other things, such as content management portfolio of reinsurance and induction training programmes. In addition, the program includes workshops and situations, industrial visits.
The assurance of the economy is currently in the emergence of a scene.
Accordingly, students may, after only side to the level of growth for now.
However, students can target vertical motion with the growth of industry and the organization. The Institute has a degree
The liberalization of the Indian sector of insurance opens up employment opportunities than ever before.
And on the care of youth responsibility, that jobs in this sector, demand management institutions across the country, appear to be aimed - hone help them develop their skills, knowledge base and get ready for the challenges.
As soon as the regulation of insurance and Development Authority (IRDA) Bill was passed to make room for private insurance companies on the Indian market, more than 30 companies of their interest in entering the market.
A few years later, the direction of the sector very promising insofar as employment opportunities