The Insurance Institute of India formerly known as Federation of Insurance Institutes (J.C. Setalvad Memorial) was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country.The Insurance Institute of India is a pioneer and premier institute in insurance education and training in India. The primary objective is nurturing and grooming qualified professionals in the field of insurance. It has 91 Associated Institute all over the country and 3 Affiliated Institutes abroad with more than two lakh members altogether.