Insurance education movement was started from East India, from Kolkata. The reason may be previously Calcutta was the capital of India and the cultural atmosphere of Calcutta as the best due to British infiltration.

As a result the need for insurance education was felt. For catering the need of insurance education in the last century first two insurance educational institutes were established in Kolkata within a span of 14 years.

Our Institute was born well in advance before the birth of our parent organization Insurance institute of India took place on 30.06.1955