Abbreviation BIA Professional title ABIA | Formation 1973 Location Dhaka-1212 | |
Type Professional Insurance Institute Headquarters 53, Mohakhali Commercial Area | ||
Bangladesh Insurance Academy (BIA), established in 1973, is the only public training institute imparting insurance training and education for the insurance professionals of the country. The management of the academy is vested in a board formed by the government. The academy also provides tailor-made insurance training for the insurance operators in Bangladesh. Additionally it organizes customized training sessions, seminars, symposiums and conferences on issues relating to the insurance sector of Bangladesh.
Contents
History
In the year 1973 the Academy came into being through a government resolution. It currently functions as an autonomous body under the administrative control of the Ministry of Finance. The members of the Board are drawn from concerned ministries, regulatory authorities, state insurance corporations, private insurance companies, Bangladesh insurance association, and University of Dhaka.
Main area of activities
Every year Bangladesh Insurance Academy conducts different courses on insurance affairs leading to Diploma. It offers professional diploma in life and non-life Insurance. The Academy is also working as overseas examination centers of some foreign insurance institutes including Actuarial Society of India (ASI), and Chartered Insurance Institute (CII), London). The prime roles centers round creating professional insurers in Bangladesh.
International affiliation
Bangladesh Insurance Academy has the affiliation with the following institutions: