New model of pre-recruitment exam for insurance agents launched

Source: The Hitavada      Date: 25 Jun 2018 10:27:32


Business Bureau,

Insurance Institute of India (III) and NSEIT has launched first ever --Test in the Box-- model of pre-recruitment examinations to conduct the exams on behalf of the Insurance Regulatory and Development Authority of India (IRDA).

Nilesh Sathe, Member (Life), IRDAI launched the new initiative here. Speaking on the occasion, as the chief guest, he congratulated NSEIT for bringing out this innovative method of conducting examinations for the prospective insurance agents anywhere, anytime across India. He further expressed that the new initiative should ensure that the unemployed youth find insurance agency profession as a career of choice in India. He said, “This examination module will facilitate to increase the strength of the agency force to 10 per cent of the population.
He said, by next year, there will be 200 recruitment test module in the country.

Vipin Anand, Zonal Head of LIC of India, Western Zone also congratulated the initiative and looked forward to the business leaders of the Corporation to take maximum advantage of the new module.

P Venugopal, Secretary General of Insurance Institute of India (III), the agents test examining body said, III has been working closely with insurance companies to facilitate training and test content for insurance agents as mandated by IRDAI. He said, the Institute has made e-learning portal available through a mobile App for aspiring candidates to undertake training/courses from their mobile devices anytime anywhere with ease.

Dr N Muralidaran, Managing Director and CEO of NSEIT on the launch event said, “NSEIT has always been providing cutting edge innovative solutions for secure and seamless exams. This tab based exam model is a path-breaking initiative of NSEIT to use tech innovation in enabling and reaching out to rural and semi-urban locations.”

He said, “NSEIT Ltd., is a pioneer in conducting on-line examinations for over a decade for insurance agents, stock brokers, Government organisations, banks, PSUs, professional institution, universities, corporates, IT companies, etc. NSEIT has set up its own exam centers in 229 locations across the length and breadth of the country.
He said, there has been a growing demand to further expand and cover 500+ districts across country, including Tier II, Tier III districts. “These remote rural locations have poor IT Infra including weak Internet connectivity. To address this need, NSEIT with its deep understanding of on-line exam process and after discussions with the IRDAI and III has developed a solution for conducting exams called Test In The Box (TBX) even in remote locations as desired by the Member(LIFE), IRDAI .

More than 50 delegates from Bajaj Alliance Insurance Company Ltd., Bharati Axa Life Insurance Company Ltd, LIC of India and a few other insurance companies witnessed launch of the new initiative as well as the live test administered to 8 candidates on the occasion.