CII
Level 3
QN: 603/7840/2
Curriculum Active
CII Level 3 Certificate in London Market Insurance (Apprenticeship)
Official qualification regulated by Ofqual, awarded by CII. Classified as a Vocationally-Related Qualification.
Qualification Level
Level 3
Awarding Body
CII
Syllabus Units
3 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.
1
London market insurance essentials (EPA)
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 requirement
- Understand the broker’s role in the way that business is conducted in the London Market
- Understand the underwriter’s role in the way that business is conducted in the London Market
2
London Market Insurance Principles and Practices
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
3
London market underwriting principles
Verified
Key Learning Objectives:
- Understand the frame
- work within which business is conducted in the London Market
- Understand the role, purpose and implications of policy wording in practice
- Understand the role and importance of business planning and capital setting in the London Market
- Understand the pricing of risk at an individual and at a portfolio level
- Understand the various methods of writing business and distribution
Regulatory & Verification Details
- Qualification Number (QN)
- 603/7840/2
- Regulated Status
- Available to learners
- Awarding Body
- CII
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Nov 2021