HDFC ERGO's Talent Development program with Manipal Global
Bangalore, September 3, 2018: HDFC ERGO, General Insurance Company, India’s third largest non-life insurance provider in the private sector, announced the Talent Development Program, a one-year General Insurance training program for graduates, in partnership with Manipal Global Education Services (MaGE). The customised training program will involve on campus training, internship; which will be delivered at the Manipal Global Academy of BFSI Campus in Bangalore and on-the-job training at HDFC ERGO’s branches. The course has been designed in association with Manipal Global Education Services to bring quality education, training and skills to aspirants looking for a rewarding career in the general insurance sector. This one-year full time training program will comprise of four months of training on-campus and two months of internship followed by six months of on-the-job training at the branch offices of HDFC ERGO. Designed to up- skill prospective employees with the right domain knowledge in general Insurance, the course aims at enhancing the student’s business development skills enabling them to implement growth opportunities for HDFC ERGO. The first part of the HDFC ERGO General Insurance Training Program commenced on September 3 rd, 2018. Speaking about the launch, Mr. Parthanil Ghosh, Member of Executive Management & Group Head - Retail Business, HDFC ERGO General said, “As a company, we strongly believe in nurturing talent and providing growth opportunities. Our partnership with Manipal Global Education Services is a step in this direction and to build a talent pool in the insurance sector. Our Graduate Training Program is aimed at attracting aspirant graduates and training them for an excellent opportunity for a successful career with HDFC ERGO.” Mr. Bimaljeet Bhasin, Vice President, Enterprise Business, Manipal Global Education Services (MaGE) said, “We are happy to partner with HDFC ERGO and glad that the company has the vision to continue investing in talent. Over the years, we have been supporting large number of organizations in the BFSI space helping them on-board highly skilled workforce. This engagement with HDFC ERGO extends our footprint in the insurance industry.” On the successful completion of the program, students will be awarded a Post-Graduate Diploma in General Insurance and will be offered employment with HDFC ERGO. The aim of the General Insurance Training Program is to build sales officers of high calibre and create a workforce that matches the Company’s expectations and culture. About HDFC ERGO: HDFC ERGO General Insurance Company is a 51:49 joint venture between the Housing Development Finance Corporation Ltd. (HDFC), India’s premier Housing Finance Institution, and ERGO International AG the primary insurance entity of the Munich Re Group of Germany. The Company marked the first merger in the General Insurance sector in August 2017, with IRDAI’s approval for the merger of HDFC ERGO General Insurance Co. Ltd. with HDFC General Insurance Ltd. (formerly Known as L&T General Insurance Co. Ltd.), and the merged entity, known as HDFC ERGO General Insurance Co. Ltd., is the third largest General Insurance provider in the private sector. HDFC ERGO offers products like Motor, Health, Travel, Home and Personal Accident Insurance in the retail space and customized products like Property, Marine and Liability Insurance in the corporate space through its vast network of 122 branches which spreads across 106 cities and a wide distribution network. About Manipal Global: Manipal Global Education Services (MaGE) is a leading international provider of high-quality higher education services. As a leader in the higher education industry, MaGE believes that industry relevance is imperative for career-focused education in India. Headquartered in Bangalore, MaGE provides a wide range of higher education services to institutions in India. These include corporate training programs in partnership with leading enterprises, vocational training across a number of sectors, as well as technology-driven services in areas such as testing and education delivery. It is also the dedicated service provider/operator of university campuses in Malaysia, Antigua in the Caribbean, Dubai and Nepal. It services and supports over 400,000 students, many of them through its award-winning large scale technology platform, EduNxt™. Today, Manipal Academy of Banking & Insurance partner with 34 leading Banks and Financial Institutions and have trained over 50,000 professionals for leading banks, insurance and financial services organizations. Manipal Academy of Banking & Insurance has established exceptional benchmarks in enhancing the productivity by transforming the human capital of the banks, insurance and financial institutions.