Exit Level Outcomes: W01 – Award in General Insurance

1. Understand the nature and main features of risk and insurance.
2. Know the structure and main features of the insurance market.
3. Understand the main legal principles governing insurance contracts.
4. Understand the main regulatory and legal principles applicable to the transaction of insurance business.
5. Know key aspects of ethics, corporate governance and internal controls

Exit Level Outcomes: WUE – Underwriting Process

1. Understand the material facts and information relating to the insurance underwriting process.
2. Understand underwriting procedures relating to the insurance underwriting process.
3. Understand insurance policies in relation to the insurance underwriting process.
4. Understand renewals and cancellation in relation to the insurance underwriting process.
5. Understand personal insurances in relation to the insurance underwriting process.
6. Understand commercial insurances in relation to the insurance underwriting process.
7. Understand the main support/ancillary services available in the insurance industry.
8. Understand underwriting considerations in relation to the insurance underwriting process.
9. Understand the principles and practices of pricing.
10. Understand pricing factors within the context of the insurance underwriting process.
11. Understand managing exposure within the context of the insurance underwriting

Exit Level Outcomes: WCE – Insurance Claims Handling Process

1. Understand the general principles in the claims handling process.
2. Understand insurance products and associated services.
3. Understand claims considerations and administration.
4. Understand claims handling procedures and related claims services.
5. Understand the claims function and how it may be structured.
6. Understand claims settlement. 10 7. Understand how expenses are managed

Certificate in Insurance :

• FSCA compliant
• Short Term Insurance Advisor
• Claims Administrator or Assessor
• Insurance Underwriter
• Insurance Manager
• Broker