Course Details
W01 – Award in General Insurance
The Award in General Insurance (Non-UK) is an introductory qualification that develops your understanding of the basic principles of insurance, the main legal principles related to insurance contracts, the main regulatory principles related to the insurance business and the key elements to protect consumers.
Summary of learning outcomes
- Understand the nature and main features of risk and insurance
- Know the structure and main features of the insurance market
- Understand the main legal principles governing insurance contracts
- Understand the main regulatory and legal principles applicable to the transaction of insurance business
- Know key aspects of ethics, corporate governance, and internal controls
WCE- Insurance claims handling (non-UK)
To provide knowledge and understanding of the claims handling process including notification, assessment, settlement and associated financial factors.
Summary of learning outcomes Number of questions in the examination*
Understand the general principles in the claims handling process. 12
- Understand insurance products and associated services. 13
- Understand claims considerations and administration. 13
- Understand claims-handling procedures and related claims services. 13
- Understand the claims function and how it may be structured. 6
- Understand claims settlement. 10
- Understand how expenses are managed. 8
WUE – Insurance underwriting(non-UK)
To provide knowledge and understanding of the role of underwriting including identification, assessment and acceptance of risk, rating and relevant financial factors.
Summary of learning outcomes Number of questions in the examination*
- Understand the material facts and information relating to the insurance underwriting process.
- Understand underwriting procedures relating to the insurance underwriting process.
- Understand insurance policies in relation to the insurance underwriting process.
- Understand renewals and cancellation in relation to the insurance underwriting process.
- Understand personal insurances in relation to the insurance underwriting process.
- Understand commercial insurances in relation to the insurance underwriting process.
- Understand the main support/ancillary services available in the insurance industry.
- Understand underwriting considerations in relation to the insurance underwriting process.
- Understand the principles and practices of pricing.
- Understand pricing factors within the context of the insurance underwriting process.
- Understand managing exposure within the context of the insurance underwriting process.
W04 Award in Customer Service in Insurance
To provide knowledge and understanding of the customer service within the context of an insurance environment.
- Know how to fulfil customer requirements in the insurance sector.
- Understand the importance of customer feedback to improve service in the insurance sector.
- Understand the importance of good communication to maintain and build client relationships in the insurance industry.
- Know how to deal with conflict within an insurance environment.
- Understand the importance of keeping accurate and confidential records when dealing with customers.
- Know how to manage own workload and time to meet business requirements and timescales
- Know how to work with others to achieve team and organisational objectives.
- Understand the sales process.
- Know how to increase sales activities.
IMU – Motor Insurance Claims and Underwriting (India)
Motor Insurance Claims and Underwriting (India) (IMU) provides knowledge and understanding of the fundamental principles and practices relating to the claims and underwriting process in the Indian motor insurance market.
Summary of learning outcomes:
- Understand the material facts and information relating to the motor insurance underwriting process
- Understand the underwriting procedures relating to the motor insurance underwriting process
- Understand pricing factors and manage exposure in the motor insurance underwriting process
- Understand renewals and cancellations to the motor insurance underwriting process
- Understand the general principles in the motor claims-handling process
- Understand claims considerations and administration
- Understand motor claim settlement
IMP – Motor Insurance Products and Policies (India)
Motor Insurance Products and Policies (India) (IMP) covers the structure of the Indian motor insurance market, the different types of policies and the risks covered.
Summary of learning outcomes:
- Understand the main principles and features of motor insurance in India
- Understand the structure of the Indian motor insurance market and identify the main participants
- Understand the key insurable risks relating to vehicles
- Understand the different types of motor insurance policies on offer and their scope
- Understand the regulations and legislation shaping the motor insurance market in India
- Understand how financial crime can be prevented within the motor insurance market and further ethical considerations
M05 – Insurance Law
Insurance Law (M05) provides candidates with knowledge and understanding of the laws which form the background to the operation of insurance, the system within which these laws operate and are administered, and apply knowledge and skills to practical situations.
Summary of learning outcomes
- Understand the nature and sources of English law and the concept of natural legal persons.
- Understand the principles of the law of torts and the characteristics of the main torts.
- Understand the law of contract.
- Understand the law of the agency and its insurance application.
- Understand the main principles governing the formation of insurance contracts.
- Understand the classification and interpretation of insurance contract terms, the effects of their breach, and other vitiating factors.
- Understand the main legal principles governing the making of an insurance claim.
- Understand how losses are measured and how the principle of indemnity applies to insurance claims.
- Understand how the principles of subrogation and contribution apply to insurance claims.
530 – Economics and Business
Economics and Business (530) provides you with an understanding of the economic and business environment and its approach to insurance together with some of the issues that need to be addressed by managers at this level.
Summary of learning outcomes
- Analyse the nature of the economy and relevant economic issues.
- Analyse and apply demand and supply concepts.
- Evaluate market structures and the business environment.
- Evaluate the impact of ethics, corporate governance, and risk management on insurance business.
- Analyse the macro economy and aspects of monetary and fiscal policy.
- Evaluate international trading and financial relationships.
- Analyse the interaction between economics and accounting.
820 – Advanced Claims
The objective of this unit is to develop an understanding of claims philosophies, systems, functions and the management of claims services.
Summary of learning outcomes
- Evaluate the management of the claims function.
- Evaluate and apply claims service principles and practices.
- Evaluate the application of technical claims principles.
- Analyse the financial aspects of the claims function.
M97 – Reinsurance
The objective of this unit is to develop an understanding of the fundamental principles of reinsurance in the global marketplace and how it operates.
Summary of learning outcomes
- Know the purpose of, and the parties involved in, reinsurance.
- Understand the different types of reinsurance.
- Understand the features and operation of facultative reinsurance.
- Understand the features and operation of proportional reinsurance treaties.
- Understand the features and operation of non-proportional reinsurance treaties.
- Understand the design and placement of reinsurance programmes.
- Understand legal issues relating to reinsurance.
- Understand reinsurance contract wordings.
- Understand the main features and characteristics of the principal reinsurance markets.
- Understand the principles and practices of different classes of reinsurance business.
992 – Risk Management in Insurance
The objective of this unit is to enable candidates to understand the management of risk within the context of an insurance organisation.
Summary of learning outcomes
- Analyse the role of risk management in the insurance sector.
- Analyse the elements of an effective risk management framework in the insurance sector.
- Understand the regulatory framework for risk management in the insurance sector.
- Analyse the management of strategic risks.
- Evaluate the management of core insurance risks.
- Evaluate the management of financial risk.
- Evaluate the management of operational risk.
- Evaluate capital management in the insurance sector.
995 – Strategic Underwriting
To enable candidates to understand the strategic context within which an underwriting function is managed.
Summary of learning outcomes
- Discuss global strategic insurance issues.
- Evaluate underwriting strategy within the external insurance context.
- Evaluate underwriting strategy within the internal insurance context.
- Analyse how the underwriting function should be led and resourced to deliver the underwriting strategy.
996 – Strategic Claims Management
Strategic Claims Management (996) provides you with an introduction to the concepts and processes of strategic claims management, together with some of the issues that need to be addressed by leaders at this level.
Summary of learning outcomes
- Discuss the role of strategic claims management within the insurance value chain.
- Evaluate the implications of the regulation for the function of a claim.
- Evaluate the claims strategy within the broader business context, culture, and corporate strategy.
- Evaluate the financial impact of the claims strategy on the business.
- Analyse the requirements of a leadership role in the claims function.
- Analyse wider issues that affect claims strategy.
For more details of CII courses please refer to link; https://www.cii.co.uk/media/10120651/cii-qualifications-brochure.pdf
Tuition Fee Category wise for CII Accredited Professional Development Centre
| Course | Fees (INR) |
|---|
| Certificate in Motor Insurance | Rs. 30,000/- + GST per student |
| Individual Award Course | Rs. 10,000/- + GST per student |
| Individual Diploma Course | Rs. 30,000/- + GST per student |
| Individual Advanced Diploma Course | Rs. 40,000/- + GST per student |
Minimum Batch Size: 10 students
*The fee will be submitted to the dedicated BIMTECH Account.
For Application Form Click Here
Program Owners
Faculty for CII- APDC
| S.No. | Name |
|---|
| 1 | Prof. Abhijit Chattoraj, ACII, Ph.D |
| 2 | Prof. Pratik Priyadarshi, MBA, PGDHRM |
| 3 | Mr. Ravindranath Nayak, ACII(Visiting Faculty) |
| 4 | Mr. Noren Bonnerjee, ACII(Visiting Faculty) |
| 6 | Ms. Varsha Pandey, Dip, CII(Visiting Faculty) |
| 7 | Mr. Satish Kumar, Dip, CII(Visiting Faculty) |
Course Credits
| Course | Credit |
|---|
| Certificate in Insurance |
| (IF5) Motor Insurance Products (Core) | 15 |
| W01 – Award in General Insurance (Core) | 15 |
| (WCE) Insurance Claims Handling (non-UK) or | 15 |
| (WUE) Insurance Underwriting (non-UK) | 15 |
| (W04) Award in Customer Service in Insurance | 15 |
| Certificate in Motor Insurance – India | |
| W01 – Award in General Insurance | 15 |
| IMU – Motor Insurance Claims and Underwriting (India) | 15 |
| IMP – Motor Insurance Products and Policies (India) | 15 |
Typical patterns followed for the Certificate in Insurance are: W01 (principles), WUE (underwriting), WCE (claims) – this helps give a strong grounding in insurance and how it works using CII units that are not specifically based on UK law and regulation Or W01 (principles), W04 (Customer Service) and either claims or underwriting depending on which specialism relates to your audience. Again, these are not UK-focused units. Or W01 (principles), either customer service, claims or underwriting, plus a UK unit such as IF5 relating to a specific product – this is most suitable if the audience are product specialists who are unlikely to work on other insurance products. IF5 does contain UK law and regulation content. | |
| Diploma | |
| M05 – Insurance Law | 25 |
| M97 – Reinsurance | 30 |
| Advance Diploma | |
| 530 – Economics and Business | 30 |
| 820 – Advanced Claims | 30 |
| 992 – Risk Management in Insurance | 30 |
| 995 – Strategic Underwriting | 30 |
| 996 – Strategic Claims Management | 30 |
Who can apply
Students and professionals of the following countries can apply subject to fulfilling the admission criterion:
- India
- Bangladesh
- Bhutan
- Nepal
- Maldives
- Sri Lanka
- Myanmar
