CII Level 3 Award in London Market Insurance

Official qualification regulated by Ofqual, awarded by CII. Classified as a Vocationally-Related Qualification.

Qualification Level

Level 3

Awarding Body

CII

Syllabus Units

2 Units

Guided Hours

Flexible

Instant access to interactive lessons, quizzes, and spaced revision.

Course Syllabus & Study Modules

Complete breakdown of verified curriculum topics and learning objectives.

Verified

Key Learning Objectives:

Understand basic terminology used within the general insurance market
Understand the fundamental principles of insurance
Understand the main classes of insurance written in the London market
Understand the insurance cycle
Understand reinsurance within the insurance market
Understand the structure of the London Market
Understand the London market regulatory and legal environment
Understand the importance of appropriate systems and controls
Understand data protection and money laundering legislation and requirements
Understand the brokers role in the way that business is conducted in the London Market
Understand the underwriters role in the way that business is conducted in the London Market

Verified

Key Learning Objectives:

Understand the business nature of the London Market
Understand the main classes of insurance written in the London Market
Understand reinsurance within the insurance market
Understand Market Security
Understand the regulatory and legal requirements applicable to the transaction of insurance business
Understand insurance intermediation in the London Market
Understand the underwriting function within the context of the London Market
Understand the way that business is conducted in the London Market
Understand the purpose, benefits and operation of delegated underwriting
Know the handling of claims in the London Market
Understand the main methods of resolving complaints