Insurance Education


National Insurance Academy 

 National Insurance Academy (NIA) is a premier organization in India with a vision to be a global institution of excellence in learning and research in insurance, pension and allied areas. Its close association with the Insurance industry provides the 'real life' reference to its training, education, research and consultancy activities and therefore it is devoted to equip the insurance industry with the best of talent. 

The Academy was established in 1980 jointly by the Ministry of Finance, Government of India, Life Insurance Corporation of India, General Insurance Corporation of India and four Public Sector Insurance Companies and it  is now an internationally acclaimed institution imparting insurance and management education to the senior executives of the Insurance Industry in India and other Afro-Asian countries from more than 200 companies.  Over 6500 senior level officials attend Management Development Training  Programmes at NIA in various functional areas of Life and Non-Life Insurance every year.

Research and Development

National Insurance Academy has been  recognized as a Doctoral Research Centre under Savitribai Phule Pune University since 1992 for the faculty of Management. Our faculty serve as the  recognised Research Guides for those who pursue scholarly research in insurance and allied subjects.  The Academy’s rich online databases in the library which can also boast of having the  largest number of books on  Insurance and allied subjects in India, come handy to the researchers.  The library subscribes to hundred plus journals, periodicals and digital online sources from around the globe.

 National Insurance Academy also undertakes focused research and consultancy services for various Insurance Companies, Banks and Financial institutions, Governments, NGOs and other organizations on need based projects that the Academy is entrusted by them from time to time.

International Seminars and Workshops

Apart from identifying and fostering the management development needs of practicing managers in tune with the demands of a fast changing world market, NIA conducts seminars and workshops on various topics of national and international importance  in different themes every year . The Annual C. D. Deshmukh Memorial Seminar is conducted on topics on Life insurance and the  NIA-FAIR International Seminar on topics on General insurance.  Insurance Summit is yet another event organized by PGDM students annually. NIA designs both on-campus and off-campus training modules for domestic and foreign companies. Obviously, the contents are tailored to meet the specific requirements of the clients in the transforming global scenario.

The Academy is an associate member of the Federation of Afro Asian Insurers and Reinsurers (FAIR) and is recognized under the Technical Cooperation Scheme of Colombo Plan (TCS) also for imparting learning.


NIA publishes two journals periodically. Bimaquest, a  journal of Insurance, Pension and Management which comes out in January, May and September every year. It carries original contributions from both academicians and practitioners in the form of Articles, Research Papers, Case Studies and Essays on one or more contemporary topics in Insurance, Pension and Management areas (Marketing & Consumer Behaviour / Human Resources / Finance & Investment / Information Technology). Pravartak is another journal, a quarterly published at the initiative of PGDM students of NIA with an objective to provide a platform to students, practicing managers and researchers.

Post Graduate Diploma in Insurance Management (PGDM), a course equivalent to MBA

With an intention to develop a stream of young talent for the Insurance, Pension and allied sectors,  the Academy launched a two year full time residential programme (PGDM) in 2004. This Course is a flagship Programme for NIA that fulfills the growing demand of competent professionals in Insurance and Risk Management. The curriculum consists of core Management subjects like Finance, HR, Marketing and IT along with topics on General Insurance, Life Insurance, Re-insurance and Pensions.  Thus, the PGDM of NIA stands out in comparison with other PGDM Courses of similar nature and gives the student an added advantage of choosing an industry like Insurance which is set for unprecedented expansion while making their career choices.   The unique blend of Management and Insurance has made the programme attractive to the employers as well giving them a choice of well nurtured talent ready to take up any managerial position in Insurance and allied areas.  NIA has the distinction of having 100% placement record right from the First Batch of 2004-2006.  The Alumni are working with reputed Multinational and Public Sector Reinsurance, Insurance Companies, Brokers and leading IT Companies, both in India and abroad. PGDM is a full time residential programme. A sprawling 32 acres greenery with its calm and serene environment, the campus is congenial to the pursuit of knowledge and development. The institution has all modern facilities including internet, spacious lecture rooms conference halls and sophisticated computer labs.