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T & d insurance sector

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  • 1. PROJECT REPORT ON : TRAINING AND DEVELOPMENT (T & D) PRACTICES AND CAREER PROGRESSION IN INSURANCE SECTOR Submitted To: Ms. Anupriya Singh
  • 2. SUBMITTED BY- GROUP 8 DATE OF SUBMISSION: 8 DEC. 2008
  • 3. Certificate of Authentication This is to certify that the final year project titled “Training & Development Programme in Automobile sector” being submitted by Group VI to the Department of Finance, LBSIM, is a bonafide record of their own work and has been successfully completed under my supervision and has not been submitted elsewhere for the award of any degree. Date : Ms. Anupriya Singh
  • 4. Acknowledgement We would like to take this opportunity to acknowledge the support and cooperation of all those who enabled the successful completion of this project. Firstly, we would like to thank all the organizations that gave us the permission to carry out the survey & gather information. We would also like to thank the HR Managers & employees of the various organizations who provided us with immense support & valuable time in studying the Training & Development Programmes and for providing an understanding of the functioning of the HR department. Most importantly, we want to express our gratitude to Prof. Anupriya Singh , LBSIM, Delhi for guiding us throughout the project. Without her help this project would not have been possible.
  • 5. TABLE OF CONTENTS S. No.: Topic Page No. 1. Introduction 1 2. T&D Scenario in Insurance Sector 4 3. Company Profile and Analysis 7 • AVIVA 9 • Birla Sunlife Insurance 13 • TATA-AIG 17 • National Insurance Corporation 21 4. Findings 25 5. Suggestions 26 6. Limitations 27 7. Individual Contribution 28 8.. Annexure: • Employee Questionnaire 29 • HR Manager Questionnaire 31 9. References 33