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  • BIMTECH (Birla Institute of Management Technology) Announces Strategic Partnership with Swiss Re

    Swiss Re Bangalore, a
    subsidiary of Swiss Reinsurance Company Ltd, Zurich, has signed a Memorandum of
    Understanding (MOU) with BIMTECH, a 
    premier private insurance institute in India, to collaborate as a
    technical partner in its Post-graduate Diploma in Management (Insurance
    Business Management) programme, the first-ever by a reinsurance company in
    India.

    The collaboration
    comes in at a time when the rise of a global knowledge economy has intensified
    and the need for such strategic partnerships is felt beyond just the
    traditional funding. Through this partnership, Swiss Re will bring in
    unmatched, global industry expertise, resource support on building the
    curriculum, access to specialized workshops along with guest lectures on
    reinsurance and risk management across disciplines be it health, motor, life,
    property, casualty or any other form of insurance needs.

    Under
    the agreement, Swiss Re as a strategic partner will provide opportunities to
    tap talent from PGDM (IBM) batches in form of final/summer placements as well
    as for short term industry projects etc. In addition, Swiss Re will engage with
    BIMTECH to provide training, webinars, live projects, learning modules on
    market topics and industry issues, as well as workshops on reinsurance. The
    partnership will support further development of insurance talent pool in India
    with stronger understanding of reinsurance.

    The Academic Advisory Council setup for
    BIMTECH’S Centre for Insurance and Risk Management will have an appointed
    member from Swiss Re Bangalore senior management who will help design BIMTECH’s
    long-term goals tailored to meet industry specific needs and objectives,
    provide counsel and support in strengthening of the curriculum and
    industry-academia interface. 

    The PGDM (IBM) course
    provides specialized management skills 
    to insurance students with an in-depth knowledge in insurance and risk
    management, as well as soft skills. It aims to develop competence in management
    of risk through insurance with specialization in management of insurance
    companies, underwriting and risk management.

    BIMTECH was the first
    private institute to start a course in INSURANCE when the sector was opened up
    in 2000 for private companies. This particular course has got accreditation
    from Chartered Insurance Institute – UK and Insurance Institute of India. 

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