Tel: +254 723 334 408 | +254 20 6530298
Email: info@iiea.co.ke

Enhancing your specialized ocean and inland marine insurance knowledge, AMIM is the premier designation for all professionals handling marine insurance.

By balancing the study of specialized ocean and inland marine insurance and underwriting content with material on the overall business of insurance, The Institutes' Associate in Marine Insurance Management program arms you with knowledge you can apply to a wide variety of situations.

This Program Is Recommended For

• Marine managers
• Agents and brokers
• Agency principals
• Claims adjusters
• Marine underwriters
• Risk managers
• Call center personnel
• Customer service representatives
• Commercial package underwriters

Course Levels

• Intermediate

Completion Time Frame

Complete the program in as little 18-24 months.

Program Requirements

Education

To earn the Associate in Marine Insurance Management designation program you must complete four foundation courses and two elective courses.

Foundation Courses

AMIM 121 Ocean Marine Insurance

Learn how to underwrite ocean marine insurance.

Topics

• Overview of suretyship
• Introduction to Ocean Marine Insurance
• Cargo Insurance
• Cargo Underwriting and Loss Control
• The American Institute Hull Clauses
• Other Hull Forms, Freight, and Loss of Charter Hire
• Marine Liability Coverages for Vessel Owners and Charterers
• Hull and P&I Underwriting
• Other Ocean Marine Coverages

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 380.00

AMIM 122 Inland Marine Insurance

Understand inland marine insurance principles and policies.

Topics

• What Is Inland Marine Insurance and Why Is It Important
• Common Inland Marine Policy Provisions
• Transit Insurance
• Motor Truck Cargo Liability Insurance
• Contractors Equipment Insurance
• Builders Risk Policies and Installation Floaters
• Dealers Policies and Related Coverages
• Bailee and Bailor Coverages
• Coverages for Computers and Communication Equipment
• Fine Arts Insurance
• Miscellaneous Coverages
• DIC and Output Policies

Course Level

Intermediate

Suggested Self-Study Time

6-8 weeks

Price: 370.00

CPCU 500 Foundations of Risk Management and Insurance

Learn how to apply basic concepts of risk management and insurance to everyday activities.

Reminder:

CPCU 500 has replaced CPCU 510.

Topics Covered

• Introduction to risk management
• Risk assessment
• Risk control
• Risk financing
• Enterprise-wide risk management
• Insurance as a risk management technique
• Insurance policy analysis
• Common policy concepts

Course Level

Intermediate

Suggested Self-Study Time

4-6 Weeks

Price: US$ 356.00

CPCU 530 Business Law for Insurance Professionals

Learn how to apply relevant principles of United States law to the business of insurance and risk management.

Topics Covered

• Introduction to U.S. law
• Contract law
• Contract law-insurance applications
• Commercial law
• Property law
• Tort law
• Agency law
• Agency law-insurance applications
• Business entities and employment law
• International legal environment

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: US$ 356.00

Elective Courses

CPCU 520 Insurance Operations

Understand how property-casualty insurance functions work together to create and deliver products.

Topics

• Overview of Insurance Operations
• Insurance Regulation
• Insurance Marketing and Distribution
• The Underwriting Function
• Risk Control and Premium Auditing
• The Claim Function
• Actuarial Operations
• Reinsurance Principles and Concepts
• Business Needs and Information Technology Alignment
• Insurer Strategic Management

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: US$ 356.00

CPCU 540 Finance and Accounting For Insurance Professionals

Understand how corporate finance and accounting apply to property-casualty insurers and non insurers.

Topics

• Introduction to corporate finance and accounting
• GAAP financial statements
• GAAP financial statement analysis
• Insurer statutory accounting
• Insurer statutory annual statement analysis
• Cash flow valuation
• Bonds and stocks
• Insurer investment portfolio management
• Insurer capital needs and sources
• Capital management
• Mergers and acquisitions
• The underwriting cycle

Course Level

Intermediate

Suggested Self-Study Time

6-8 weeks

Price: US$ 366.00

CPCU 551 Commercial Property Risk Management and Insurance

Learn how risk management techniques can be used to address an organization’s property loss exposures.

Topics Covered

• Introduction to commercial property insurance
• Building and personal property coverage form
• Causes of loss forms
• Other commercial property coverage options
• Flood, earthquake, and specialty forms
• Business income insurance
• Inland marine and ocean cargo
• Commercial crime insurance
• Equipment breakdown
• Business owners policies
• Industry-specific policies
• Surety bonds

Course Level

Advanced

Suggested Self-Study Time

6-8 weeks

Price: US$ 440.00

CPCU 552 Commercial Liability Risk Management and Insurance

Understand how risk management techniques can be used to address an organization’s commercial liability loss exposures.

Topics Covered

• Introduction to commercial liability insurance
• Commercial general liability (CGL)
• Business auto, garage and motor carrier
• Workers compensation and employers liability
• Management liability
• Professional liability
• Environmental
• Aviation
• Excess and umbrella liability insurance
• Cyber risk
• Terrorism

Course Level

Advanced

Suggested Self-Study Time

6-8 weeks

Price: US$ 440.00

CPCU 560 Financial Services Institutions

Understand the unique risks faced by financial services institutions.

CPCU 560 is an elective, not a requirement of the CPCU program.

Topics Covered

• Introduction to financial markets and institutions
• Determinants of interest rates
• Interest rates and security valuation
• The Federal Reserve System, monetary policy and interest rates
• Financial Markets

Course Level

Intermediate

Suggested Self-Study Time

6-8 weeks

Price: US$ 356.00

AAI 81 Foundations of Insurance Production

Learn about various insurance products and services.

Topics Covered

AAI 81 Segment A Topics:

• The insurance business—an overview
• Insurance and the legal system
• Risk management and the producer
• Insurance sales and account development

AAI 81 Segment B Topics:

• Homeowners insurance
• Personal automobile insurance
• Other personal insurance
• Personal financial planning

AAI 81 Segment C Topics:

• Commercial property insurance Part I and Part II
• Business income and extra expense insurance
• Commercial inland and ocean marine insurance

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 490.00

AAI 82 Multiple-Lines Insurance Production

Understand a wide range of coverage forms.

Topics Covered

AAI 82 Segment A Topics:

• Commercial general liability insurance Part I and Part II
• Commercial automobile insurance
• Garage and motor carrier insurance

AAI 82 Segment B Topics:

• Commercial crime insurance
• Businessowners insurance
• Other commercial coverages
• Workers compensation and employers liability insurance

AAI 82 Segment C Topics:

• Specialty insurance
• Commercial excess and umbrella liability insurance
• Surety bonds

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 490.00

AAI 83 Agency Operations and Sales Management

Learn how to build strong customer relationships.

Topics

AAI 83 Segment A Topics:

• Agency formation and environment
• Organizational management
• Agency sales management
• Personal production plans

AAI 83 Segment B Topics:

• Producer-insurer relations
• Public image of the insurance agency
• Agency growth and customer communications
• Market segmentation and target marketing

AAI 83 Segment C Topics:

• Managing agency information technology
• Agency customer service management
• Agency financial management

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 465.00

AIC 30 Claim Handling Principles and Practices

Topics Covered

AIC 30 Segment Topics:

• The claim function and professional ethics
• The claim handling process
• Setting case reserves and investigating claims

AIC 30 Segment B Topics:

• Documenting claims
• Communication effectively
• Dealing with fraud

AIC 30 Segment C Topics:

• Negotiating claims
• Litigating claims
• Good faith claim handling

Course Level

Intermediate

Suggested study time:

4-5 weeks

Price: US$ 420.00

AIC 31 Property Claim Practices

Topics Covered

AIC 31 Segment A Topics:

• Property insurance basics
• Property insurance: valuation, limits, and conditions
• Loss adjustment process
• Loss investigation

AIC 31 Segment B Topics:

• Good-faith investigation and coverage defenses
• Fraud investigations
• Fundamentals of estimating
• Fundamentals of residential construction

AIC 31 Segment C Topics:

• Merchandise losses
• Business income losses
• Specialty losses

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: US$ 385.00

AIC 32 Liability Claim Practices

Topics Covered

AIC 32 Segment A Topics:

• Overview of liability claims
• Coverage issues with homeowners and commercial liability policies
• Determining legal liability

AIC 32 Segment B Topics:

• Premises liability
• Product liability
• Investigation liability claims
• Coverage disputes

AIC 32 Segment C Topics:

• Evaluating and valuing liability claims
• Settling liability claims
• Managing litigation

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: US$ 385.00

AIC 37 Managing Bodily Injury Claims

Topics Covered

AIC 37 Segment A Topics:

• Bodily injury claims management
• Bodily injury investigation process
• Injury and treatment evaluation
• Impairment and disability

AIC 37 Segment B Topics:

• Rehabilitation
• Psychological injuries
• Issues with ongoing bodily injury claims
• Managing bodily injury case studies

Course Level

Intermediate

Suggested Self-Study Time

4-5 weeks

Price: US$ 385.00

AIC 44 Workers Compensation Claim Practices

Understand the loss adjustment process for workers compensation claims.

Topics Covered

AIC 44 Segment A Topics:

• The workers compensation system
• Workers compensation and employers liability policy
• Workers compensation statutes
• Statutory standards

AIC 44 Segment B Topics:

• Notice of injury and coverage analysis
• Investigating coverage and compensability
• Investigating medical issues

AIC 44 Segment C Topics:

• Temporary disability and medical benefits
• Permanent disability benefits
• Concluding workers compensation claims
• Subrogation
• Other workers compensation issues

Course Level

Intermediate

Suggested Self-Study Time

4-5 weeks

Price: US$ 385.00

 

ARM 54 Risk Management Principles and Practices

Understand risk management principles and practices.

Topics Covered

ARM 54 Segment A Topics:

• Introduction to risk management
• Risk management standards and guidelines
• Hazard risk
• Operational, financial, and strategic risk

ARM 54 Segment B Topics:

• Risk management framework and process
• Risk identification
• Risk analysis
• Risk treatment

ARM 54 Segment C Topics:

• Financial statement risk analysis
• Capital investment and financial risk
• Monitoring and reporting on risk

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 388.00

ARM 55 Risk Assessment and Treatment

Learn how to effectively assess and treat risks.

Topics Covered

ARM 55 Segment A Topics:

• Introduction to risk assessment and treatment
• Root cause analysis
• Business continuity management
• Physical property risk

ARM 55 Segment B Topics:

• Intellectual property and reputation risk
• Legal and regulatory risk
• Management liability
• Human resource risk

ARM 55 Segment C Topics:

• Environmental risk
• Crime and cyber risk
• Fleet risk

Course Level

Intermediate

Suggested Self-Study Time

5-7 weeks

Price: $ 388.00

 

ARM 56 Risk Financing

Understand the various types of risk financing techniques.

Topics Covered

ARM 56 Segment A Topics:

• Introduction to risk financing
• Estimating hazard risk
• Transferring hazard risk through insurance
• Self-insurance plans

ARM 56 Segment B Topics:

• Retrospective rating plans
• Reinsurance
• Captive insurance
• Contractual risk transfer

ARM 56 Segment C Topics:

• Transferring financial risk
• Transferring hazard risk to the capital markets
• Allocating costs of managing hazard risk

Course Level

Advanced

Suggested Self-Study Time

5-7 weeks

Price: $ 388.00

 

AU 60 Commercial Underwriting Principles

Understand underwriting principles and practices.

Topics Covered

AU 60 Topics:

• Fundamentals of underwriting
• Underwriting regulation
• Underwriting information
• Underwriting the commercial organization
• Understanding financial statements
• Analyzing financial statements
• Pricing the insurance product
• Communication and negotiation for underwriters

Course Level

Intermediate

Suggested Self-Study Time

4-6 weeks

Price: $ 398.00

AU 61 Underwriting Commercial Property

Learn commercial property underwriting techniques.

Topics Covered

AU 61 Topics:

• Introduction to commercial property underwriting
• Evaluating construction
• Evaluating occupancy
• Evaluating protection and external exposures
• Underwriting fire
• Underwriting other direct causes of loss
• Underwriting business income

Course Level

Intermediate

Suggested Self-Study Time

4-6 weeks

Price: $ 398.00

AU 62 Underwriting Commercial Liability

Understand how to underwrite liability exposures.

Topics

• Legal foundations of liability underwriting
• Underwriting general liability: premises and operations
• Underwriting general liability: products and completed operations
• Underwriting business auto
• Underwriting garage
• Underwriting workers compensation
• Underwriting professional liability
• Underwriting umbrella and excess liability

Course Level

Intermediate

Suggested Self-Study Time

4-6 weeks

Price: $ 398.00

AU 67 Strategic Underwriting Techniques

Develop the strategic tools and techniques you need to enhance your organization's profitability.

Topics Covered

• Developing competitive underwriting strategies
• Managing underwriting profitability
• Underwriting large accounts
• Utilizing loss-sensitive plans for large accounts
• Using reinsurance in commercial underwriting
• Managing a book of business
• Reunderwriting a book of business

Course Level

Advanced

Suggested Self-Study Time

4-6 weeks

Price: $ 398.00

Ethics

To satisfy the Ethics requirement, you must pass one of the following, 50-question online exams:

• Ethics 311 Ethical Guidelines for Insurance Professionals
• Ethics 312 Ethics and the CPCU Code of Professional Conduct

Download Brochure

 

Our Partners

  • Aim.jpg
  • Anziif.jpg
  • cambridge.jpg
  • client4-1.jpg
  • ICS.jpg
  • Institutes.jpg
  • Kaplan.png
  • NITA..jpg
  • panafrica.jpg