Tata AIG General Insurance Company Limited Signs a MoU With Manipal Global Education Services for a 1-year General Insurance Training Program

BANGALORE, December 19, 2016 /PRNewswire/ --

- One-year General Insurance Training Program Stretched Across Campus and OJT (with Tata AIG General Insurance Company Limited) Offers a Perfect Blend of Classroom and Practical Knowledge to Students

- The General Insurance Training Program has Been Designed to Nurture Industry Leaders of the Future by Imparting Domain Expertise and Skillset in the Field of Insurance

- Successful Completion of the Training Program Will Lead to a Post-graduate Diploma in General Insurance and Offer Employment at Tata AIG General Insurance Company Limited

- Selection of Participants in the General Insurance Training Program Will be Based on a Pre-defined Selection Process by Tata AIG General Insurance Company Limited

- First Part of the General Insurance Training Program Will Commence in March 2017 in Bangalore

Tata AIG General Insurance Company Limited 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 & Insurance in Bangalore.

MaGE's General Insurance Training Program is a customised residential one-year full-time training program comprising of four months on-campus residential training and two months of internship followed by six months of on-the-job training at an Tata AIG General Insurance Company Limited branch. It is designed to skill learners on various areas to equip participants with the necessary domain knowledge in General Insurance and also to enhance their competency and business development skills.

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

Speaking on the occasion, Mr. Neelesh Garg, CEO & Managing Director Tata AIG General Insurance Company Limited said, "This is a proud moment for us to be pioneers in the General Insurance space, in initiating a partnership of such nature with MaGE."

Given that we are in the business of risk, domain expertise plays a very important role at every level of the business. Tata AIG General Insurance Company Limited would be pleased to have on board students who will successfully complete this course, as they will then be equipped with the required expertise to take on the day-to-day challenges of the insurance business. We at Tata AIG are thought leaders in a knowledge industry and have a strong culture embedded in learning and this partnership is a step in that direction.

Mr. S Vaitheeswaran, MD and CEO, MaGE said, "We are delighted to enter into the MoU with Tata AIG General Insurance Limited. MaGE aims to provide quality education, training and skills with strong industry connect and this program with Tata AIG General Insurance Company Limited 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 program will pave the way to many active collaborative engagements that will benefit the insurance, banking and financial services industry."

About Tata AIG General Insurance Company Limited:

Tata AIG General Insurance Company Limited is a joint venture between the Tata Group and the American International Group (AIG). Tata AIG General Insurance Company Limited celebrated 16 years of service this year (2016) since it commenced operations on January 22, 2001. The company has made a mark in the industry by launching several innovative products and services over the years.

Tata AIG General Insurance Company Limited has a workforce of around 3000 employees present in 152 branches across India. The company's products are available through various channels of distribution such as Agency which has a combined strength of 10,328 agents and a very strong Broking channel of 347 brokers. Tata AIG General Insurance Company Limited has an empowered claims team, with an in-house capability of 400 plus experts spread across 64 centers in India.

Further details: http://www.tataaiginsurance.in/

About MaGE:

Manipal Global Education Services (http://www.manipalglobal.com) is a leading international provider of high-quality higher education services. These include:

- Certification programs in various fields like Management, IT and Finance.
- Corporate training programs in partnership with major banks and IT companies in domains such as banking, data science, management and technology.
- Technology-driven services in areas such as testing and education delivery.
- Vocational training across a number of industries.

Manipal Global owns and operates universities and medical colleges in Antigua in the Caribbean, Dubai, Malaysia and Nepal, as well as GlobalNxt University, which offers internationally recognised business and IT degrees online as well as customised training for corporates.  All these Universities have extensive academic tie-ups with top universities across the world.

Manipal ProLearn partners with industry leaders like Google, Amazon, Chartered Institute of Management Accountants, EY and PEOPLECERT to provide high quality certification courses in management, IT and Finance.

Manipal Global believes industry relevance is the key to career-focused education. This has led to innovative partnerships like the Manipal Global Academy of Banking in collaboration with leading Indian banks like ICICI Bank, Bank of Baroda, Punjab National Bank, Andhra Bank, Axis Bank and Kotak Mahindra Bank, among others.

Manipal Global Academy of Information Technology (MGAIT) supports nearly 20 IT majors with online and residential boot camps, innovative Accelerated Learning Programs and other productivity and skill-related training needs. It also conducts beginner and advanced level programmes for technical architects and product managers.

Manipal Global Academy of Data Science (MGADS) is in partnership with Manipal University to offer a PG Diploma in Data Science to both freshers and working professionals, setting them up for a career in the 'hottest career of the decade'. It also offers solutions for identifying data science talent, competence benchmarking as well as entry and advanced level training in the field of data science.

MeritTrac is India's premier pure play Testing & Assessment Services Company which provides innovative assessment services to leading educational institutions, government organizations and corporate entities.

Manipal City and Guilds in partnership with City & Guilds, UK, offers vocational training and certification programs for learners.

The Manipal Global mantra - Achieve, Enable and Transform - builds on this legacy to create a future for every life it touches, a future that inspires achievements, enables ambitions, and transforms lives, worldwide.

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