Certificate in London Market Insurance (Apprenticeship)

The Certificate develops knowledge and understanding of the underwriting disciplines within the London Market, key elements of the cycle, and explores the opportunities and challenges posed by using different distribution channels such as delegated underwriting.

Who's it for

Apprentices on the Insurance Practitioner Apprenticeship that are employees of Lloyd’s syndicates, brokers, managing agents or members’ agents in an entry level insurance practitioner role.

Recognition of prior learning

Before starting study, check to see whether any of your previous academic qualifications or credits from other professional bodies and institutes can be carried towards completion of the Certificate.

If the apprentice has successfully achieved IF1 or LM1 prior to starting the apprenticeship, providers must apply to the End Point Assessment Organisation to recognise achievement at gateway before End Point Assessment (EPA) begins.

Study time

Specific study time guidelines are provided for each unit on its webpage and in the CII qualifications brochure. The notional Ofqual ‘Total Qualification Time’ for this qualification is 160 hours. This represents the time a student might typically take to complete the qualification.

Assessment method

Each unit is assessed by a single multiple-choice on screen exam, tested year-round throughout the UK at a choice of over 40 centres. The qualification award will be graded fail/pass.

Learning support

Qualification units are delivered through purchasing an Enrolment, equipping you with the essential materials to support core learning. For a single fee, an Enrolment typically includes study text, assessment and access to RevisionMate, our online study tool. 

We also offer additional revision aids through purchasing Enrolment plus for most key units. These range from Key fact booklets and Question packs, to Learn online tutorials.

Completion requirements

Core Units

The Certificate comprises three core units which provide a total of 40 credits on successful completion. LM2 and LM3 must be taken before the apprenticeship gateway and EP2 taken as the end point assessment (assessment 3) of the insurance Practitioner apprenticeship standard.

Unit	Credit	Level
EP2 (LM1)London market insurance essentials (EPA)	10	3
LM2 London market insurance principles and practices	15	3
LM3 London market underwriting principles	15	3

Purchase

The Certificate in London Market Insurance Apprenticeship can only be taken as part of the Insurance Practitioner Apprenticeship standard and must be purchased by the apprenticeship training provider though CII corporate orders - corporateorders@cii.co.uk.

Useful Links

• View the qualifications framework (PDF)
• Recognition of prior learning
• Assessment information
• Certificate in London Market Insurance (Apprenticeship) Qualification Specification