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CERTIFICATION OF INSURANCE PROFESSIONALS AND TRAINING ORGANISATIONS

CERTIFICATION OF INSURANCE PROFESSIONALS AND TRAINING ORGANISATIONS :

It would be noted across the IRDA regulations on insurance agents and intermediaries that undergoing training is mandatory condition in most of the cases as one of the prerequisites to licensing. The training can be imparted only by IRDA approved training institutions. While institutions like Insurance Institute of India, Indian Institute of Risk Management, and National Insurance Academy are associated with the insurance industry to provide training inputs on an ongoing basis to the various functionaries within the industry, the IRDA accredited training institutes play a major role in training insurance distributors like Individual agents, corporate agents, Insurance Brokers etc.

IRDA has issued standard instructions and guidelines applicable for approval/renewal of agents training institutes vide ref: IRDA/AGTS/CIR/GLD/269/12/2011 dated 7th December 2011

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