Page 48 - Insurance Times March 2021

Advertorial

A month of forging new partnerships at Birla

Institute of Management Technology (BIMTECH)

Tie up with The Institute of Risk Management to an "IRMCert" designation.
(IRM), the UK
February 24 th,2021: Birla Institute of Management Tie up with The India Insurtech Association
Technology (BIMTECH) and The Institute of Risk February 25, 2021: Birla Institute of Management
Management (IRM) the UK, India chapter signed an MOU Technology (BIMTECH) and India Insurtech Association (IIA)
to offer IRM qualifications for BIMTECH students and announced a tie-up to collaborate on matters of mutual
Alumni. The MoU signing event started with a welcome interests relating to the Insurance & InsurTech industry. Prof.
address by Prof. (Dr.) Abhijit Chattoraj, Professor & (Dr.) Harivansh Chaturvedi, Director, BIMTECH, and Mr.
Chairperson PGDM-IBM-BIMTECH, followed by an address Prerak Sethi, Co-Founder of India Insurtech Association (IIA)
by Ms. Carolyn Williams, Director, Corporate Relations, IRM- signed an agreement to this effect at BIMTECH campus
UK, and Mr. Sanjay Himatsingani, Director, Training & today in the presence of Prof (Dr.) Abhijit Chattoraj-
Development, IRM-UK. Prof. (Dr.) H. Chaturvedi Director Professor and Chairperson, PGDM, Insurance Business
BIMTECH and Mr. Hersh Shah, Chief Executive Officer, IRM- Management, BIMTECH, Prof. Manoj Pandey, Prof. Pratik
UK gave a short speech and signed the MoU. Prof. Manoj Priyadarshi, Prof. Monika Mittal, and Prof. Manoj Pareek.
Kumar Pandey, Associate Professor, PGDM-IBM and Dr. The two well-known entities have joined hands to help build
Manoj Pareek, Assistant Professor- PGDM-IBM faculties a strong InsurTech ecosystem in India. Both organizations
were also present on the occasion. The event concluded with look forward to collaborating on joint projects and research
a vote of thanks by Prof. Pratik Priyadarshi, Associate initiatives. This alliance consolidates BIMTECH's avowed
Professor, PGDM-IBM commitment towards fostering best global practices.

The Institute of Risk Management (IRM) (Head Quartered Birla Institute of Management Technology (BIMTECH), a
in the UK) is the world's leading professional body for leading B school, is constantly focused on a vision to be at
Enterprise Risk Management qualifications, training, and forefront of bringing excellence in higher education by
research. IRM provides qualifications for Enterprise Risk bringing global standards to the educational sphere.
Management, which is a broader concept than financial or
insurance risk. India Insurtech Association (IIA) is a non-profit organization
focused on bringing together all the stakeholders in the
BIMTECH has been granted exemption from IRM's Level 1 InsureTech industry in India. IIA is focused to increase the
examination in India where all BIMTECH students and alumni velocity of the digital transformation of the insurance
members who have passed the BIMTECH course "Risk industry in India. The India InsurTech Association's goal is
Management" under course code "INS-201" will get direct to facilitate the promotion of usage of technology across
access to IRM's Level 2 qualification that will entitle them the insurance value chain in India.

48 The Insurance Times, March 2021