General Insurance Article - CII pilots new experience-based assessment method


 Stephen Catlin attains ACII

 The CII has launched a new assessment method that allows candidates to utilise their previous experience to achieve an Advanced Diploma in Insurance (ACII).

 The Advanced Diploma in Insurance demonstrates an applied level of learning. The experiential prior learning route is only suitable for experienced practitioners operating at senior executive level as it based on recognition of prior learning.

 The premise is that the candidate already has the level of insurance knowledge required for the Advanced Diploma in Insurance. The CII takes into account candidates' previous qualifications and evidence from their day to day work, roles and responsibilities. These combine with a verbal assessment, and are used to assess whether the candidate has reached Advanced Diploma standard 

 The experiential prior learning route involves two stages of assessment by the CII:

 1. Assessment of the candidate's application.
 2. A half day assessor interview where candidates will be individually assessed by an independent assessor on specific learning outcomes.

 Successful completion results in an award of the Advanced Diploma in Insurance.

 Commenting on the pilot, Dr Sandy Scott, CEO of the CII, said, "We introduced this method of testing to allow experienced practitioners who are operating at senior executive level within the insurance market to demonstrate the requisite knowledge and skills without sitting multiple examinations."

 Stephen Catlin, CEO of Catlin Group Limited and the first candidate to take part in the pilot, said, "I am delighted to have finally attained my Advanced Diploma. Having previously studied for the ACII but having not been able to complete all of the required units, the experiential approach being piloted by the CII has allowed me to utilise my previous exam success and to evidence my knowledge in a more flexible a way."

Back to Index


Similar News to this Story

Advice for those affected by Storm Eowyn
The Association of British Insurers (ABI) is reassuring homeowners and businesses impacted by Storm Eowyn that their insurers will be ready to help an
Quoted home insurance rose over 10 percent in the past year
Quoted premiums are down 2.2% in the past three months. Quoted prices rise the most in Scotland at 14.9% and the least in the West Midlands at 4.0%.
Climate Risk insurability is key to economic resilience
Annual report reveals 60 percent of economic damage caused by catastrophes in 2024 was uninsured. Insured losses reached $145 billion globally – the s

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.