I.A.(MR)

It is the Marine Insurance stream of the Insurance Institute of India's Associateship examination. The Institute lists Licentiate, Associateship and Fellowship as its professional examination tiers, and the Associateship carries subject streams including marine. It is a professional qualification for insurance practitioners, not a licence to practise as a surveyor.

It suits people already working in or moving into marine business: cargo and hull underwriters, marine claims handlers, brokers, and surveyors or loss assessors who want deeper technical grounding. Most candidates take it after completing the Licentiate level, since Associateship builds on the principles covered there.

The Institute conducts its professional examinations online, and its site publishes an online examination schedule and timetable for each session. The papers are set on the Institute's own study courses. Check the current timetable for the exact session dates and the format applicable to your papers before applying.

The four subjects are S-01 Principles and Practice of Insurance and Survey and Loss Assessment, IC-67 Marine Insurance, IC-60 Marine Cargo Insurance Principles and Underwriting, and IC-66 Marine Insurance Claims. All four appear on the Institute's study material list with dedicated textbooks, so each is a separately examined course.

Start with S-01, which gives the general insurance and loss assessment foundation the marine papers assume. Then take IC-67 Marine Insurance for the overall legal and market framework, followed by IC-60 for cargo underwriting practice, and finish with IC-66 Claims, which draws on both underwriting and loss assessment knowledge.

The Institute does not publish a prescribed study hours figure, so plan around your own workload. A practical approach is one paper per session, working through the Institute study material chapter by chapter and then attempting the model question bank. Candidates in full-time marine roles often need longer for IC-60 and IC-66.

The Institute sells study material directly through its site in hard copy, e-book and audio book formats, with a published price list and a dispatch status page. Subject-wise addenda are also posted, so check for updates to your papers before each session - the Institute has announced revised study materials for forthcoming online examinations.

The Institute's site does not publish a specific retake or attempt-limit policy for professional examinations. Candidates normally reappear at a later session by applying for the examination again. Confirm the current position through the Institute's professional examination FAQs and help manual rather than relying on second-hand information.

The Institute has announced a revision of professional examination fees with effect from 1st April 2026, and 5% GST applies on e-books from 20.03.2026. Exemption applications for the December 2026 session open from 1st December 2026. Always confirm current amounts on the Institute's fee page before paying.

Two recurring problems: treating the marine papers as pure theory instead of applying concepts to realistic cargo and hull scenarios, and neglecting S-01 loss assessment principles that underpin claims questions. A third is studying from outdated material - the Institute revises course content periodically, so always use the current edition plus addenda.