Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium.

Insurance in India has its history dating back till 1818, when Oriental Life Insurance Company was started by Europeans in Kolkata to cater to the needs of European community. Interestingly in those days a higher premium was charged for Indian lives than the non-Indian lives, as Indian lives were considered more risky for coverage. It was only in the year 1870, Bombay Mutual Life Assurance Society, the first Indian insurance company covered Indian lives at normal rates. 

The domestic insurance industry in India is estimated to be around US$ 60.5 billion by 2010, of which US$ 35 billion will come from rural and semi-urban areas. While the life insurance market is expected to grow to US$ 35 billion, non-life insurance market will touch an estimated US$ 25 billion. 

The Insurance sector is witnessing an exponential growth and there is a huge demand for trained professionals with right knowledge and skills, which are prerequisites in today's Insurance scenario.

Certificate in Insurance Services (CIS) has been incepted to cater to the needs of BFSI Sector. CIS is a specialized training programme for aspirants who want to take up a career in Insurance at the entry level. The course has been designed keeping in mind the needs and requirements of Insurance sector.

Fresh graduates from any stream with a minimum 55% mark from any recognized university are eligible to apply to this course.

Success in first interview conducted by IDBI Intech officials, followed by second round by "Future Generali" officials will determine the eligibility of any candidate to pursue this course.

In order to provide personalized attention on each and every candidate, we have restricted each batch size to 30 candidates. Details of allotment of batch and other requisites will be provided after payment of course fees.


About the Program
The course is scheduled for a period of 15 days. During this time, we will aim at developing competencies in students in the areas related to Insurance viz.; Basics of Insurance, Excel Skills, Insurance Products, Soft Skills & Training on Life Asia System. The programme will provide candidates a clear understanding of Insurance functions and they will become competent enough to take over entry-level positions in any Insurance company.

After successful completion of the course, the candidates will be absorbed in Future Generali (FG), our placement partner. FG is an insurance joint venture headquartered in Mumbai, India between The Italy - based General Group and the Indian - based  Future Group.