national insurance academy

The National Insurance Academy (NIA Pune also known as NIA) is situated in Pune, India. It is a capacity builder in Insurance Sector of Asia and Africa founded in 1980 by the Finance Department of the Indian government with capital patronage from LIC and public sector general insurance industry. NIA started MBA education as a lateral diversification from 2004 with Dr K C Mishra as the founder director and Dr R K Parchure as MBA Coordinator, who was soon replaced by Dr S D Totade; recently in second half of 2009 Dr K C Mishra was replaced by Dr. Prathap Oburai from IIM Ahamedabad. Dr. Oburai has promised the students to elevate the academy to top 10 B-Schools of India with strong international collaborations.

Now Mr G N Bajpai is the main guiding force of the academy with professors of international repute like Dr D B Phatak actively behind him. Though by rotation Mr M Ramadoss (New India CMD) has become the Chairman of NIA Governing Board, mostly the academy is controlled by LIC because of its size and the clout of its Chairman with the deputed faculty of the academy, who are responsible for all major revenue generating operations of the academy. A main source of income of the academy is arranged by IRDA in the form of Broker's training and examination programs.

Much to the relief of students AICTE has published in its web page that NIASOM is duly accredited by AICTE for period 2009-11 as per 2009 list. This has scuttled all rumours about this unique academy of choice by students and recruiters thanks to its wonderful grounding.

1 Evolution of NIA 1.1 Conceptual Innovations 1.2 Institutional expansion 1.3 History of Lloyd's Box 2 NIA School of Management 2.1 Vision 2.2 Mission 2.2.1 Annual Events 3 Placements 4 AlumNIA 4.1 AlumNIA Council for 2008-09 5 NAAC Accreditation 5.1 Institutional environment 5.2 Research 6 External links