Loyola Institute of Business Administration one of the top ranked management institutes in the country, stresses and lays importance on providing holistic education to the future managers, by facilitating a real time scenario of the economy. The Insurance Institute of India(III) formed as a federation of Insurance Institutes, is a pioneer in providing Insurance Education. It has also been involved in training employees at the BKC, Mumbai. Both the Institutes have identified the necessity to expose the student community to the brimming opportunities yet less explored field of Insurance. LIBA signed a historic MOU with III on 18th January 2017 to offer a one year executive diploma programme in Insurance Management. The ceremony was presided by Mr. P Venugopal, Secretary General of III and Rev. Fr. P. Christie SJ, the Director of LIBA. The course offered can either be taken up as a regular or an additional course provided with the requisite credits. It gives a licentiate certificate at the end of the 1st trimester and an executive diploma at the end of the 3rd trimester.
The Ceremonial Signing and Exchanging of MOU was followed by a brief Symposium which centred on the topic of ‘New Trends and Challenges in the Insurance Industry.’ The Moderator of the event was Dr. George E Thomas, Professor (Research & Non-Life Insurance), College of Insurance, Insurance Institute of India. The other speakers from major Insurance companies who facilitated the discussion with their vast knowledge and varied experiences included Mr. Ravi Sheshadri, Vice President, Bharathi Axa Life Insurance Co. Ltd, Dr. R Radhakrishnan, Chief Marketing Officer, Shriram Life Insurance Co. Ltd, Hyderabad and Mr. SP Nadhar, Chief Manager of United Insurance Company Ltd.