Bangladesh Insurance Academy offers several motivational incentives to bring in trained and

skilled human resources in the field of insurance. The Academy hopes that trained officials will

play a significant role in the development of this industry. Since 1987, the Academy has received

donations from M/S Tyser & Company, London. This fund is used for awarding scholarships,

counselling class expenses and other expenses of the students of Associate of Bangladesh

Insurance Academy (ABIA) and Associate of Chartered Insurance Institute (ACII). Since its

inception, Tk. 29,00,000/- (Twenty nine Lakh Taka) has so far been given among the 1st and

2nd position holders of BIA Associateship examinees, ACII and Actuarial Science students as

scholarship from the Tyser Award Fund