Risk and Insurance Management Society and Tata AIG Team Up to Deliver Global Risk Management Education Opportunity

NEW YORK, July 25 -- The Risk and Insurance Management Society issued the following news release:

* * *

- Development of RIMS-CRMP Certification Prep Course Underway at Tata AIG Academy in Mumbai, India

* * *

RIMS, the Risk Management Society(R), and Tata AIG General Insurance Company Limited ('Tata AIG') have agreed to jointly develop a RIMS-CRMP Certification prep course to be administered by the Tata AIG Academy, learning wing of Tata AIG in Mumbai, India.

The RIMS-CRMP Certification is the only risk management certification in the world to hold an accredited status. It received official accreditation by the American National Standards Institute (ANSI) under ISO/IEC 17024:2012 in 2017. The ANSI Accreditation of RIMS-CRMP signifies that the Institute recognizes the competence of RIMS to carry out certification activities in accordance with requirements defined in the International Standards and confirms approval by government and peer review assessments.

Through their learning wing Tata AIG Academy, Tata AIG facilitates insurance learning for employees, insurance intermediaries, risk and insurance managers, in line with Tata AIG's firm belief in the holistic development of a risk management culture in the Indian insurance market through imparting risk and insurance expertise that strengthens technical and functional capability and builds a talent pool of exceptional risk and insurance leaders.

Tata AIG will work very closely with RIMS to deliver the RIMS-CRMP program which includes:

1. Analyzing the Business Model

2. Designing Organizational Risk Strategies

3. Implementing the Risk Process

4. Developing Organizational Risk Competency

5. Supporting Decision Making

The course is scheduled to be available in 2019.

"Organizations around the world are realizing the importance of strong risk management capabilities and are investing in their people to drive this critical business area," said RIMS President Gloria Brosius, RIMS-CRMP. "We are proud to gain the support of such an important leader in India's risk management community and, with Tata AIG, deliver this exceptional educational opportunity."

"We are extremely happy and excited of our association with RIMS as it reinforces the importance of risk management which has become a cardinal requirement of the corporate world," said Sushant Sarin, Executive Vice President & Head, Commercial Lines & Reinsurance, Tata AIG General Insurance Company Ltd.

To learn more about the RIMS-CRMP certification, to view eligibility requirements, for details about existing prep opportunities or to register for an exam, visit www.RIMS.org/certification or contact RIMS Client Service Team at [email protected].

About Tata AIG General Insurance Company Limited

Tata AIG General Insurance Company Limited is a joint venture company between Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited celebrates 18 years of service this year (2019) since it commenced operations in India on January 22, 2001. The Company has grown strongly to emerge as the preferred private general insurance company in India with several pioneering firsts to its credit.

Driven by a mission to create better tomorrows for Customers by delivering trustworthy and innovative risk solutions, Tata AIG's broad portfolio of protection covers are backed by years of professional expertise in product offerings, exceptional service capabilities and seamless claims process management.

The Company offers a wide range of general insurance covers for businesses and individuals including a comprehensive range of general insurance products for Liability, Marine Cargo, Personal Accident, Travel, Rural-Agriculture Insurance, Extended Warranty etc.

Tata AIG General Insurance Company Limited has an asset base of approximate INR 10,050 crs. (as of 31st March 2019). With more than 200 offices spread across India, the Company has a robust multi-channel distribution network of 22,000+ licensed agents and 390+ licensed brokers. The Company has a workforce of over 5,000 employees, including 550+ claim experts and a dedicated Customer Service & Operations team (as of March 2019), consistently delivering superior service experiences powered by the latest innovations in technology.