Classes are offered to students who wish to pursue the foreign qualification offered by the Chartered Insurance Institute (London). To complete the Diploma a student is required to attain 120 credits in total. A minimum of 90 credits should be attained at Diploma level or above. The Diploma can also be a milestone on the route to completion of the Advanced Diploma for which 290 credits are required in total.
Mode of Learning and Assessment
Diploma Units that have mixed assessment involve the completion of one coursework assignment and one multiple choice question exam. The assignment requires completion of a number of scenario-based questions and must be completed within the first six months of enrollment. The multiple choice question exams will be held every year in April and October. All diploma units will be assessed using this method by April 2018. This option includes the provision of a study text and is included with the examinations fees at a cost of £408.
|(M92)||Insurance business and finance (Diploma in Insurance unit)||25||or||(530)||Economics and business||30|
|(M05)||Insurance law (Diploma in Insurance unit)||25|
|CODE||(OPTIONAL DIPLOMA UNITS)||CREDIT PER UNIT|
|(P21/M21)||Commercial insurance contract wording (Last P21 written exam Oct 2017)||20|
|(P61)||Life, critical illness and disability underwriting||30|
|(P62)||Life, critical illness and disability claims||30|
|(P63)||Long term insurance business||25|
|(P64)||Private medical insurance practice||25|
|(P67/M67)||Fundamentals of risk management||25|
|(M81)||Insurance broking practice||20|
|(P90/M90)||Cargo and goods in transit insurances||25|
|(P91/M91)||Aviation and space insurance||30|
|(P93/M93)||Commercial property and business interruption (Last P93 written exam Oct 2017)||25|
|(P94/M94)||Motor insurance (Last P94 written exam Oct 2017)||25|
|(P96/M96)||Liability insurances (Last P96 written exam Oct 2017)||25|
|(P97/M97)||Reinsurance (Last P97 written exam Oct 2017)||30|
|(P98/M98)||Marine Hull and associated liabilities (Last P97 written exam Oct 2017)||30|
ACII – ADVANCED DIPLOMA IN INSURANCE:
DURATION: TWO YEARS
Entry requirement for ACII is either: Degree holder, A Level or have completed DIP CII.
To acquire The ACII one is required to attain 290 credits. 150 credits should be attained at the Advanced Diploma Level and 140 at the Diploma Level.
Mode of Learning and Assessment
Advanced Papers (ACII) will be assessed through coursework assessment only. The student will be required to pass three (3) written assignments including any resubmissions, during the 12 month enrolment period. This will include provision of a study text at a cost of £443.
The following units are compulsory for the ACII Qualification:
|(M92)||Insurance business and finance||25||or||530||Economics and business||30|
|(M05)||Insurance law||25||Either one of the following units:|
|930||Advanced insurance broking||30|
|530||Economics and business||30 Per unit|
|590||Principles of Takaful||30 Per unit|
|820||Advanced claims||30 Per unit|
|930||Advanced insurance broking||30 Per unit|
|945||Marketing insurance products and services||30 Per unit|
|960||Advanced underwriting||30 Per unit|
|990||Insurance corporate management||30 Per unit|
|991||London Market Insurance Specialization||50 Per Unit|
|992||Risk management in Insurance||30 Per unit|
|993||Advances in Strategic Risk management in Insurance||50 Per unit|
|994||Insurance Market Specialization||50 Per unit|