Tata AIG General Insurance Company Ltd has signed a memorandum of understanding (MoU) with Manipal Global Education Services (MaGE) to offer a customised General Insurance Training Program for participants at the Manipal Academy of Banking and Insurance in Bengaluru.

MaGE’s General Insurance Training Program is a customised residential one-year full-time training programme comprising four months of on-campus residential training and two months of internship, followed by six months of On–the–Job Training at a Tata AIG branch. It is designed to equip participants with the necessary domain knowledge in general insurance and also to enhance their competency and business development skills.

On completion, students will be awarded a Post-Graduate Diploma in General Insurance and will be offered employment at Tata AIG General Insurance Company Ltd. The aim of the General Insurance Training Program is to mould officers of high calibre in the field of general insurance and create a productive workforce. The first part of the General Insurance Training Program will commence in March 2017 in Bengaluru.

Speaking on the occasion, Neelesh Garg, CEO and Managing Director, Tata AIG General Insurance said, “This is a proud moment for us to be pioneers in the general insurance space, in initiating a partnership of such a nature with MaGE.

S. Vaitheeswaran, MD and CEO, MaGE said, “MaGE aims to provide quality education, training and skills with strong industry connect and this programme with Tata AIG General Insurance Company reflects that deep interest and commitment. MaGE has been successfully applying this industry-academia business model with other insurance companies in India. We believe relationships such as these will be truly beneficial to the industry, ensuring first-day-first-hour productivity. We are sure this programme will pave the way to many active collaborative engagements that will benefit the insurance, banking and financial services industry.”

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