Institute of Financial Markets Pakistan (IFMP) has signed MoU with Pakistan Institute of Management (PIM) in order to initiate diploma program on insurance management. A spokesman of IFMP said that the institute has been working in close coordination with the PIM for the mutual collaboration on at least four fronts.

Cooperation between the two institutes include development of training and certification programs for financial sector/industry in line with PIM and IFMP's certification mandate besides agreeing to strengthen existing programs offered by both the institutions. They will also cooperate on developing linkages with the related industries/sectors, for better equipping each other's programs and offerings and lastly collaboration on offering of Joint Certification/ Diploma programs in the related segments or sectors. Given this backdrop; both the institutions have agreed to jointly offer an Insurance Management Diploma program, wherein, class-room training will be provided at PIM and Diploma Certificate would be awarded along with IFMP's regulatory certifications, under SEC (Insurance) Rules 2017.-PR

Copyright Business Recorder, 2017