A new qualification has been launched exclusively for the London
market by The Chartered Insurance Institute (CII).
Developed in partnership with the Lloyd's Market Association,
the CII Certificate in London Market Insurance Specialisation has
been designed to develop the candidate's ability to conduct
rigorous insurance or reinsurance related research that contributes
to the body of London Market industry knowledge. Its launch marks a
significant milestone in the support of professionalism within the
London insurance market.
As well as a qualification being awarded in its own right, using
credits that are recognised in the national Qualifications and
Credit Framework (QCF), successful completion also awards CII
credits that can be used towards other CII qualifications. The
qualification attracts 50 CII credits at Advanced Diploma level and
18 credits at Level 7 on the QCF.
Each candidate creates his or her own study pathway, selecting
an area of interest in the London market for in-depth analysis.
They are then required to research and submit a 10,000 word
dissertation, which is assessed by leading market
Terry Hayday, head of professional standards for Lloyd's Market
Association, comments: "I'm delighted that the CII has partnered
with Lloyd's Market Association to develop this new certificate.
This collaboration recognises the unique nature of the London
insurance market and, in turn, the value that can be derived from
researching specialised developmental requirements among
underwriters and brokers."
Graeme Sutton, CII director of corporate development, adds:
"Sector-specific qualifications are important in developing
specialist knowledge so we are pleased to introduce this new
certificate. It will help London market insurers and brokers add to
the body of London Market industry knowledge by conducting rigorous
research into a specialist area."
The CII Certificate in London Market Insurance Specialisation is
now open for enrolments. Due to the amount of work involved in
assessing and accepting proposals, and in marking and moderating
completed dissertations, enrolments are limited to 20 candidates in
the first year. Enrolments are being accepted on a first come,
first serve basis.
Find full details at www.cii.co.uk/lmspecialisation
Lucy Grubb, media relations manager
Office: 020 7417 4430
Mobile: 07584 213408
NOTES TO EDITORS
The CII is the world's leading professional organisation for
insurance and financial services. Its 105,000 members are committed
to maintaining the highest standards of technical competence and
ethical conduct. A robust framework of learning and development
solutions enables the CII to support corporate partners and
individuals across the industry. It ensures that all members comply
with minimum standards and inspires many more to achieve advanced
levels of technical and professional competence.
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