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Motor Insurance Claims and Underwriting (India) (IMU)

IMU (15 CII credits)

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. 

Motor Insurance Claims and Underwriting (India) (IMU) ensures aunderstanding of the key aspects of claims and underwritingDifferent types of customer information influence the treatment of the risk they represent. Underwriters use this knowledge to set fair policy terms and premiums. This unit also covers key stages in the lifecycle of a policy.   

The unit also focuses on the administration and management of the claims experience, relevant legislation and technological innovations aimed at improving the claims experience.  

Please note:  

Motor Insurance Claims and Underwriting (India) (IMU) is not available in the UK. Non-UK candidates can enrol online and opt for their preferred international exam centre location. Alternatively, candidates can enrol by contacting Customer Services.   

Building a successful career in insurance 

This course is suitable for those working in insurance or who aspire for a rewarding career in insurance. Motor Insurance Claims and Underwriting (India) (IMU) counts towards achieving a Certificate in Motor Insurance (India). It also counts towards attaining the Certificate in Insurance. 

Summary of learning outcomes:

  1. Understand the material facts and information relating to the motor insurance underwriting process 
  2. Understand the underwriting procedures relating to the motor insurance underwriting process 
  3. Understand pricing factors and managing exposure in the motor insurance underwriting process 
  4. Understand renewals and cancellation in relation to the motor insurance underwriting process 
  5. Understand the general principles in the motor claims-handling process 
  6. Understand claims considerations and administration 
  7. Understand motor claim settlement 

Download 2020/21 syllabus (PDF)

Download the 2020/21 exam guide (PDF)

Assessment:

  • 2-hour exam  
  • 65 multiple choice questions (MCQs) and 2 case studies, each comprising 5 MCQs
  • 70% nominal pass mark 

Recommended study time: 60 hours

 

 

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Enrolment – 2020–21 edition (applicable to exams sat 01 May 20 to 30 Apr 21)

Information Study text and exam entry **Availability - 06 Apr 20**

  • Non-members £102.00
  • Members £92.00

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