The Academy came into being in November 1973 through a Government resolution. It functions as an autonomous body under the administrative control of the Ministry of Finance Bangladesh Insurance Academy(BIA) is the national level insurance training & education provider in the country. BIA is envisaged as the apex institution in the field of Insurance and emerging as a centre of excellence in insurance training & education. It is trying utmost to prepare itself to provide contemporary insurance knowledge to the officers & employees of insurance industry. It offers basic, comprehensive and field based training course on life & non-life insurance. As the insurance sector in Bangladesh has adopted reforming measures with a view to keeping pace with modern world, need based training is imperative to turn the human resource of insurance industry into an efficient manpower. With such a view, BIA is updating and changing its training & educational syllabus continuously.