Syllabus

About GIPSA Officer Promotion Exam (P.E. 2027-28)

The GIPSA Officer Pre-Promotional Examination is a competitive internal examination conducted by the National Insurance Academy, Pune on behalf of General Insurance Public Sector Association (GIPSA) for officers working in PSU General Insurance Companies including The New India Assurance Company Limited, United India Insurance Company Limited, Oriental Insurance Company Limited, and National Insurance Company Limited.

This departmental examination enables eligible officers in Scale I, Scale II, Scale III, and Scale IV to get promoted to higher officer scales through the Fast Track Channel under Para 14A & 14B of the Promotion Policy for Officers, 2006.

GIPSA Promotion Exam Pattern 2027-28 (Latest Update)

Section-wise Breakdown

GIPSA Promotion Exam Syllabus 2027-28 (All Scales)

The GIPSA Pre-Promotional Examination consists of Seven (7) Sections. Candidates must choose and attempt any Four (4) Sections of their choice. Each section covers comprehensive topics relevant to PSU General Insurance operations.

Section 1: Fire & Engineering Insurance

• Fire Insurance: Fire insurance principles, Fire policy coverage, Perils covered and excluded, Standard Fire & Special Perils (SFSP) policy
• Engineering Insurance: Machinery breakdown, Boiler & Pressure Plant insurance, Electronic Equipment Insurance, Contractors All Risk (CAR), Erection All Risk (EAR)
• Industrial All Risk (IAR): Coverage scope, Risk assessment, Claims procedures
• Project Insurance: Construction insurance, Installation projects, Time and cost overruns
• Technical Aspects: Risk evaluation, Loss prevention, Survey and inspection procedures

Section 2: Marine & Aviation Insurance

• Marine Cargo Insurance: Institute Cargo Clauses (A, B, C), Import-Export cargo, Inland transit insurance, Open policies
• Marine Hull Insurance: Ship insurance, Hull clauses, P&I coverage, Freight insurance
• Aviation Insurance: Aircraft hull insurance, Aviation liability, Passenger liability, Airport operators’ liability
• Documentation: Bill of lading, Survey reports, Claims documentation, Average clauses
• International Aspects: ICC terms, IMO guidelines, International conventions

Section 3: Motor Insurance (OD & TP)

• Motor Tariff: Own Damage (OD) premium calculation, Third Party (TP) liability coverage, Tariff provisions and guidelines
• Motor Policies: Private car package policy, Commercial vehicle insurance, Two-wheeler insurance, Miscellaneous and special vehicles
• No Claim Bonus (NCB): NCB provisions, Transfer procedures, Discount structures
• Motor Regulations: Motor Vehicles Act provisions, IRDAI motor insurance regulations, Compulsory coverages
• Claims Management: Survey procedures, Total loss assessment, IDV calculation, Claims settlement process
• Add-on Covers: Zero depreciation, Engine protection, Roadside assistance, Return to invoice

Section 4: Miscellaneous Insurance (Other than Motor, Aviation & Engineering)

• Health Insurance: Individual and family floater policies, Group mediclaim, Critical illness, Corona Kavach, Arogya Sanjeevani
• Travel Insurance: Domestic and international travel, Student travel, Business travel
• Liability Insurance: Public liability, Product liability, Professional indemnity, Directors & Officers (D&O) liability
• Cyber Insurance: Cyber risk coverage, Data breach insurance, Business interruption due to cyber attacks
• Credit Insurance: Trade credit insurance, Export credit guarantee, Political risk insurance
• Special Policies: Burglary, Fidelity guarantee, Money insurance, Baggage insurance, Personal accident
• Rural & Agriculture Insurance: Crop insurance schemes, Weather-based insurance, Livestock insurance

Section 5: Reinsurance (Treaty, Facultative & Accounts)

• Reinsurance Fundamentals: Principles of reinsurance, Need and importance, Retention and ceding
• Treaty Reinsurance: Proportional treaties (Quota share, Surplus), Non-proportional treaties (Excess of Loss, Stop Loss)
• Facultative Reinsurance: Facultative placement, Risk assessment, Premium calculation
• Reinsurance Accounts: Premium accounts, Claims accounts, Profit commission, Loss participation
• International Reinsurance: Global reinsurance market, Reinsurance brokers, London market practices
• Risk Management: Catastrophe modeling, Accumulation control, Clash covers
• Regulatory Aspects: IRDAI guidelines on reinsurance, Solvency margin requirements

Section 6: Finance (Accounts, Investment) & IT

• Insurance Accounting: Revenue account, Balance sheet, Insurance accounting standards (Ind AS 104, Ind AS 117)
• Financial Management: Premium collection, Claims payout management, Expense management, Profitability analysis
• Investment Guidelines: IRDAI investment regulations, Asset allocation, Investment pattern, Solvency requirements
• Financial Ratios: Combined ratio, Loss ratio, Expense ratio, Claim settlement ratio, Solvency ratio
• Budget & Planning: Budget preparation, Financial forecasting, Variance analysis
• IT in Insurance: Core insurance systems, Policy administration systems, Claims management systems
• Digital Insurance: Digital transformation, Online sales platforms, Mobile apps, Insurtech
• Data Analytics: Big data in insurance, Predictive analytics, Risk modeling
• Cybersecurity: Data protection, Information security, CERT-In guidelines

Section 7: Human Resource (including HR-Legal)

• Organizational Behavior: Motivation theories, Leadership styles, Team dynamics, Organizational culture
• Performance Management: Performance appraisal systems, Goal setting (MBO), Competency mapping, 360-degree feedback
• Training & Development: Training needs analysis, Learning & development programs, Skill development, Succession planning
• Compensation Management: Salary structures, Pay scales in PSGICs, Performance-linked incentives, Employee benefits
• Industrial Relations: Trade unions, Collective bargaining, Grievance handling, Disciplinary procedures
• Labor Laws: Industrial Disputes Act, Shops & Establishments Act, Payment of Wages Act, Minimum Wages Act
• HR Legal Aspects: Service rules, Appointment orders, Transfer policies, Promotion policies (GIPSA promotion policy)
• Employee Welfare: Provident Fund (EPF), Gratuity, Pension schemes, Medical benefits, Leave policies
• Diversity & Inclusion: SC/ST/OBC reservations, Gender diversity, Disability employment
• HR Analytics: Workforce planning, Attrition analysis, Productivity metrics
• Code of Conduct: Ethics in workplace, Prevention of Sexual Harassment (POSH Act), Vigilance matters

GIPSA Promotion Scale-wise Details

Scale 1 to Scale 2 Promotion

• Entry-level officers with minimum service period eligibility
• Written test mandatory for Fast Track promotion
• Insurance qualifications (Licentiate/Associate/Fellow) carry additional weightage
• Work record and performance appraisal considered

Scale 2 to Scale 3 Promotion

• Officers with supervisory experience
• Written examination with increased technical focus
• Professional insurance qualifications preferred
• Overall ranking determines selection

Scale 3 to Scale 4 Promotion

• Middle management level officers
• Written test plus mandatory interview process
• Emphasis on leadership and management capabilities
• Higher weightage for Human Resource management topics

Scale 4 to Scale 5 Promotion

• Senior management positions
• Comprehensive written examination with interview
• Strategic decision-making and policy knowledge required
• Cross-company transfers may be considered based on vacancies

Preparation Strategy for GIPSA Exam Success

Study Materials Required

• Insurance Institute of India (III) study materials for relevant subjects
• GIPSA company manuals, circulars, and guidelines from your PSU company
• IRDAI regulations and guidelines (latest updates from 2024-2026)
• Previous year question papers and memory-based questions
• Online mock tests and practice papers – Official Mock Test Link provided by NIA, Pune
• Section-specific reference books (Fire, Marine, Motor, Miscellaneous, Reinsurance, Finance, HR)

Official Mock Test Practice

Strategic Section Selection

• Choose Your Strengths: Select 4 sections where you have maximum practical experience and theoretical knowledge
• Work Domain Priority: If working in Fire department, prioritize Section 1 (Fire & Engineering)
• Universal Sections: Motor and HR sections are generally easier for all candidates as they involve day-to-day work
• Avoid Weak Areas: Don’t select sections just because they seem important – choose what you can score maximum in
• Practice All Selected Sections: Ensure you can comfortably answer 25 questions in each of your 4 chosen sections

Effective Preparation Tips

• Create a 3-Month Study Schedule: Allocate 15 days per section for your chosen 4 sections, leaving time for revision
• Practice Mock Tests Regularly: Take online mock tests weekly to improve time management (120 minutes for 100 questions)
• Master Negative Marking Strategy: With -1/3 marking, avoid guesswork. Attempt only questions you’re confident about
• Section-wise Time Management: Allocate 30 minutes per section (4 sections × 30 mins = 120 minutes)
• Practice Question Selection: Since 30 questions are given but only 25 to be attempted, practice identifying easier questions quickly
• Use Study4Insurance Mock Test: Familiarize yourself with the online interface, question navigation, and section switching
• Language Toggle Practice: Practice switching between English and Hindi for questions if needed
• Stay Updated: Follow latest IRDAI circulars, notifications, and industry developments (2024-2026)
• Revision Strategy: Create concise notes for quick revision in final 15 days before exam
• Calculator Practice: Familiarize yourself with the on-screen basic calculator provided in exam

Exam Day Preparation

• Venue Visit: Visit examination center one day before to confirm location and avoid last-minute confusion
• Reporting Time: Reach venue by 1:00 PM (60 minutes before exam start). Entry gate closes at 1:45 PM sharp
• Documents to Carry: Admit Card with photograph (attested), Photo ID (company ID/PAN/Aadhar/Driving License/Passport/Voter ID)
• Permitted Items: Pen/ball-point pen only. Rough sheet will be provided at center
• Prohibited Items: Mobile phones (even switched off), books, notes, electronic devices, personal calculators
• Verify System: Check that PC, mouse, and keyboard are working properly during pre-exam setup
• Read Instructions Carefully: Take time to read all on-screen instructions before starting exam

Time Management During Exam

Important Regulations & Guidelines

• Anti-Copying Measures: Responses are analyzed for similarity patterns. Copying or sharing answers leads to disqualification and disciplinary action
• Unfair Means Act 2024: Be aware of “The Public Examinations (Prevention of Unfair Means) Act, 2024”
• Conduct Rules: Follow Test Administrator instructions strictly. Violation leads to disqualification
• Internet Usage: Personal emails and internet access strictly prohibited during exam
• Technical Issues: Stay calm if technical snag occurs. Wait for instructions from Test Conducting Agency

🎓 Complete GIPSA Exam Preparation Course

PSU General Insurance Companies under GIPSA

The New India Assurance Company Limited (NIACL)

Largest public sector general insurance company in India with extensive domestic and international operations. Officers from New India Assurance participate in GIPSA promotion exercises for career advancement from Scale 1 to Scale 5.

National Insurance Company Limited (NICL)

One of the pioneer general insurance companies with strong rural penetration and diverse product portfolio. NICL officers compete in GIPSA exams for fast track promotions across all scales.

Oriental Insurance Company Limited (OICL)

Known for specialized insurance products and professional service delivery. Oriental Insurance officers utilize GIPSA promotion channel for career progression through merit-based selection.

United India Insurance Company Limited (UIIC)

Comprehensive insurance solutions provider with pan-India presence. United India Insurance officers leverage GIPSA promotional opportunities for advancement to higher scales.

All four PSU general insurance companies, along with GIC Re and AIC, constitute the GIPSA member companies coordinating common HR matters including the unified promotion examination system.

Related Insurance Promotional Exams

Para 13.2 Promotion Exam

Internal promotional examination in GIPSA companies enabling Assistants (Clerks) in Class III cadre to become Administrative Officers (AO). Conducted annually by Insurance Institute of India (III).

III Insurance Examinations

• Licentiate Exams: Foundation level certification for insurance professionals
• Associateship Exams: Advanced level professional qualification
• Fellowship Exams: Highest level of insurance professional qualification

Officers possessing III qualifications (Associate or Fellow) receive additional weightage in GIPSA promotion assessments, especially for Scale 1 and Scale 2 promotions.