India’s marine insurance market is constantly increasing and Indian members become increasingly involved in IUMI’s activities. The demand for educational tools for marine underwriters in India is equally on the rise.

The step toward close cooperation with Indian education institutes is therefore a natural step

IUMI states.

The MoC with NIA aims to promote cooperation between the two organisations, so as to expand knowledge and expertise for marine insurers.

In this regard mutual accreditation of IUMI and NIA programmes is envisaged. The preferential membership fee for IUMI tutorials is granted to NIA students.

What is more, both organisations will seek opportunities to run online webinars together. NIA will help IUMI in identifying suitable experts and guest speakers on topics relevant to marine underwriters from around the world.

On suitable occasions both organisations will enable an exchange of information on specific marine insurance topics.