Certificate in Insurance (CII)
Program Objectives:
The Certificate in Insurance is a core qualification for insurance staff working across all sectors of the industry (and the logical progression from the introductory-level Award for the Foundation Insurance Test).
It provides a grounding in:
• Basic insurance principles including the regulatory environment;
• The key insurance disciplines of underwriting and claims; and
popular products including: motor, household, healthcare and packaged commercial insurances
• London market legislation, regulation, market practice and distribution for those starting work in or having dealings with this market.
The Certificate in Insurance allows you to develop the knowledge and confidence you need before you begin to focus your subsequent studies and specialize according to your ambitions and career requirements.
Target Group:
The Certificate is open to anyone, irrespective of educational background or experience. It is suitable for a diverse range of people, including:
• Anyone wishing to gain a broad understanding of insurance principles, key disciplines and products.
• Employees who have no formal insurance qualifications but wish to objectively demonstrate insurance knowledge and understanding.
• Anyone working in specific technical claims handling or underwriting roles within a call or service centre environment.
• Insurance staff employed in support functions such as human resources, marketing, IT and finance, wishing to develop an understanding of the industry in which they work.
• Staff working for an organization whose primary business is not insurance, but which offers insurance advice and products as part of its overall service to customers.
Course Content:
• Understand the nature and main features of risk and insurance
• Know the structure and main features of the insurance market
• Understand main legal principles governing insurance contract
• Insurable Interest
• Utmost Good Faith
• Proximate Cause
• Indemnity
• Contribution
• Subrogation
• Role of the regulator
• Know key aspects of ethics, corporate governance and internal controls
Course Duration:
30 Training Hours