Swiss Re Bangalore, a subsidiary of Swiss Reinsurance Company, Zurich, has signed a memorandum of understanding with Birla Institute of Management Technology (BIMTECH) to collaborate as a technical partner in its insurance business management programme.

The MoU was signed by Alok Kumar, Managing Director; Amit Kalra, Head - Strategic Initiatives, Swiss Re Shared Services (India) Pvt Ltd, and H Chaturvedi, Director, BIMTECH.

The initiative is aimed at developing an industry-ready insurance talent pool in India with strong understanding of reinsurance.

Through this partnership, Swiss Re will provide global industry expertise, resource support on building curriculum, access to specialised workshops, and guest lectures on reinsurance and risk management in sectors such as health, motor, life, property, casualty or any other form of insurance needs, Kumar said.

Swiss Re will also provide summer placements for students of BIMTECH as well as provide opportunities to undertake short-term industry projects.