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INSURANCE INSTITUTE OF INDIA (REGD.) The Insurance Institute of India (Regd.) (III) formerly known as Federation of Insurance Institutes (J.C. Setalvad Memorial) (Regd.) was established in the year 1955, for the purpose of promoting insurance education and training in the country. The Institute is a professional body serving the cause of the insurance industry. The Institute conducts examinations at three levels: Licentiate, Associateship and Fellowship as also examinations - Certificate in Foundations of Casualty Actuarial Science (General Insurance) and Certificate in Insurance Salesmanship. III is the only professional insurance institute in India and is a chartered member in the Institute of Global Insurance Education (IGIE). III’s emblem is in the shape of a round bottomed shield, which appeared in Iberian peninsula in the twelfth century. The name of the institute is in Devanagri and in English are written on it above the map of India. Below these, parallel to the edge of