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Surveyor in Insurance: Trainee Registration on the BAP Portal

  • December 15, 2022
  • Registrationwala
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Insurance Surveyors and Loss Assessors are high-end professionals hired by Insurance Companies. They assess the actual loss arising from fortuitous events such as mishappenings, fire, burglary, natural events, etc., for settlement of insurance claims. A Surveyor in Insurance acts as an intermediary between the insurer and the insured for claim settlement.

 

They usually operate in the General Insurance business sector. Insurance Surveyors operate in multiple lines of business. Under the Surveyor Regime, the Fire Insurance Surveyor can also function as a Marine Surveyor.

The Insurance Surveyor is responsible for carrying out surveys of any or more of the following entities:

  • Buildings
  • Machinery
  • Ports
  • Other financially viable instruments

Each of these infras seeks insurance protection. The Surveyor in Insurance prepares reports to assess the actual losses incurred. Then, they verify the amount claimed by the policyholder. Insurers usually settle their claims based on the reports submitted by Insurance Surveyors.

How to become a Surveyor in Insurance in India?

The following are the steps to becoming a licensed Insurance Surveyor in India. Heed them carefully before applying for the requisite IRDAI instructions:

BAP Registration 

To acquire an Insurance Surveyor and Loss Assessor license, the first step is registering on the BAP portal. After your successful registration on the BAP, the applicant can apply for the requisite training with the IRDAI.

Trainer Selection 

After the basic registration, the applicant must undergo training to select the Trainer. He or she must also choose the department in which they want to undergo the Surveyor training.

Issue of the Trainer Acceptance Certificate 

If the Trainer selected by the Surveyor applicant accepts their training request, then the applicant will receive an email notification from the Regulatory Authority IRDA. The email will inform the applicant of the trainer selection. In case the Trainer rejects the applicant’s training request, then the proposed Surveyor in Insurance must select another trainer.

Form-13 Filing for Trainee Surveyor Enrollment 

Once the Trainer accepts your training request, the applicant must fill out form-13 for training course enrollment. The Insurance Surveyor Trainee must complete the requisite training to apply for the Surveyor and Loss Assessor license.

Surveyor Trainee Examination

Thereafter, the applicant must appear for the exam conducted by the III, i.e., the Insurance Institute of India. During the training, the Trainer must submit the Trainee’s third quarterly report. After the report submission, the Insurance Institute of India schedules an examination for the Surveyor Applicant. Then, the applicant must finally appear for the requisite examination.

Issue of Training Completion Certificate 

After the applicant has successfully completed his training, he or she will receive the TCC, i.e., the Training Completion Certificate, from the Trainer’s end.

Applying for a Fresh Surveyor License 

If the Surveyor applicant has successfully cleared the exam conducted by the Insurance Institute of India, then he can apply for a new Insurance Surveyor license with the IRDAI. Once the applicant receives the IRDAI license, he or she can start operating as a licensed Surveyor in the Insurance sector.

Who to register yourself as a Surveyor Trainee on the BAP Portal?

To enrol yourself as an Insurance Surveyor Trainee, the applicant must register himself on the BAP portal. To register on the portal, the applicant must follow the below-mentioned steps:

  1. Open the browser on your system.
  2. Enter the following URL irdabap.org.in in the browser
  3. The BAP portal home page will be displayed upon hitting enter.
  4. Click on the Register button.
  5. The website will display the New User Registration screen.
  6. Select the ‘Individual’ option from the User Type drop-down list on the registration form.
  7. Thereafter, select the option ‘trainee’ from the User Role drop-down list
  8. The Trainee Registration screen will be displayed upon selecting the option.
  9. The applicant must fill and upload all the mandatory fields in the e-form marked with an asterisk (*).

For more information on Insurance Surveyor registration and compliance, connect with the IRDAi experts at Registratioinwala.

 

 


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