“We are keen on taking insurance related initiatives to the masses through new age technologies like AI, ML and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas and would be keen to strike partnership with relevant firms to undertake all these activities,’’ said Dr Tarun Agarwal, the new director of NIA
Pune:
National Insurance Academy(NIA),Pune based premier insurance academy, is looking for new partnerships with specialised firms to venture into the new areas of hi-tech research and training.
“We are keen on taking insurance related initiatives to the masses through new age technologies like AI(Artificial Intelligence) , ML(Machine Learning) and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas and would be keen to strike partnership with relevant firms to undertake these activities,’’ said Dr Tarun Agarwal’, the new director of NIA.
Agarwal, 53, with three decades of of experience in various segments Indian banking and insurance industries, has taken over as the director of NIA on July 17.
The scope of insurance penetration in the country is huge, and the time has come when the industry is going to grow by leaps and bounds. The enabling and progressive regulatory environment is encouraging, stated Agarwal.
“We have been receiving requests from many developing countries to conduct online and offline courses. Some of them are keen on seeking help in setting up similar structures in their respective countries. Recently, we have also tied up with a major IT company for catering to its insurance domain training and research requirements. Demand from corporates is on rise for long term customised courses on risks and risk management for their executives too. NIA’s Governing Board of distinguished CEOs, industry leaders and academicians provide a real-time view of the industry and direction to innovate and address the future needs of our clients,’’ he said while outlining his agenda.
NIA has always stood as a premier institution in the realm of continuous professional development and executive training, education, research, and consulting services focused on insurance, pension, and risk management across India, Africa, Middle East and Southeast Asia. It is widely recognized as a go-to resource by international businesses and organisations from over 60 nations in building and nurturing human resource capabilities, problem-solving, strategic decision making, regulation and policy design, added Agarwal.
NIA trains more than 9000-10000 working professionals through its well curated executive training programs. These residential programs have been well received by industry, both nationally and internationally.
“We have also inked MoUs with well-known academic institutions such as Glasgow Caledonian University UK, National Institute of Bank Management India, and Christ University, India. NIA has launched an online Certification Program for Enterprise Risk Management experts as part of its established relationship with the Institute of Risk Management-UK,’’ he informed..
One of the most noteworthy offerings of the academy is the Post Graduate Program in Actuarial Science, taught by qualified actuaries and industry practitioners. NIA’s programme, “Diploma in Marine Cargo Insurance” has accreditation from International Union of Marine Insurance. 11 weeks online program covers practically all aspects of marine freight insurance underwriting and claims.
NIA has joined hands with National Institute of Securities Markets(NISM) and Indian Institute of Banking & Finance(IIBF) in launching a BFSI Certification course online which has received an overwhelming response.
“Our training clients includes established names in the International and Indian insurance industry including brokers,’’ he said.
Apart from professional development and executive training, research, and consulting services focused on insurance, pension, and risk management, the academy in the education space has been building the future leaders through its PGDM program.
With a record of 100 percent placements, students of NIA in the past have secured positions across industry, nationally and internationally, at respected and sought after annual packages.