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Insurance Institute of India

Education, Courses & Schools
Mumbai, Maharashtra

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Contact Information

  • Company
  • Insurance Institute of India
  • Phone Number
  • 022-26544200 / 022-26541154 / 022-26541156
  • Location
  • Insurance Institute of India, Mumbai, Maharashtra, India
    Plot no. C-46,G-Block, Near US Consulate, Bandra Kurla Complex, Mumbai – 400051.
    Mumbai, MH

Company Details

  • University & Colleges, International Schools, Insurance Institutes, Training & Development, Training Colleges

More About Insurance Institute of India

The Insurance Institute of India (Regd.) formerly known as Federation of Insurance Institutes (J.C. Setalvad Memorial) (Regd.) was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country. The Institute is a professional body serving the cause of the Insurance Industry. The Institute conducts examinations at three levels: Licentiate, Associateship and Fellowship as also examinations – Certificate in Foundations of Casualty Actuarial Science (General Insurance) and Certificate in Insurance Salesmanship.

 I.I.I. is the only professional insurance institute in India and is a chartered member in the Institute of Global Insurance Education (IGIE). (www.igie.org).


The membership of the Institute is through associated Institutes. There are at present 91 Associated Institutes spread all over the country. The Sri Lanka Insurance Institute, The Sri Lanka Insurance Academy and The R.I.C.B. Insurance Institute, Bhutan are the affiliated Institutes outside India.  The members of the Associated Institutes and the Affiliated Institutes automatically become the members of the Institute.

The Life Insurance Corporation of India, The General Insurance Corporation of India, The New India Assurance Company Ltd., The Oriental Insurance Company Ltd., National Insurance Company Ltd., and United India Insurance Company Ltd. are corporate members.


To run College and conduct examinations, oral and written, in insurance theory and practice and related subjects for awarding certificates, diplomas and degrees to those interested in insurance. To give oral and postal tuitions, prepare and supply reading materials and similar other educative methods for encouraging and assisting the study of any subject bearing on any branch of insurance.

 To offer scholarships, grants and prizes for research or any other educational work bearing on insurance. To ascertain the law and practice relating to all matters connected with insurance and to disseminate such knowledge among those interested in insurance.

 The activities and programmes of the Institute, among others, assist people in the insurance Industry, to acquire the skills and expertise to meet the growing needs of multiplicity of customers- the objective being to enhance professional insurance service to the millions in this country.


To impart systematic insurance education, training and creating avenues for research and development in the field of insurance and insurance auxiliary services thus developing highly efficient and skilled insurance professionals to serve the humanity in India and abroad.


  • To become a hub of Insurance, Health, Actuarial and Risk Management education in Afro-Asian Countries and raise the bar of efficiency and knowledge across the insurance industry.
  • To set up virtual education complex to take the insurance education into hinterland.
  • To provide cutting-edge research, documentation, dissemination of information to individuals, corporate, regulators and millions of users of insurance.