The Insurance Institute of SVG will be offering the following courses from May 8th - 19th.
LEGAL AND BUSINESS ASPECTS OF INSURANCE (Caribbean Insurance Foundation Certificate)
MOTOR INSURANCE CLAIMS (Caribbean Insurance Motor Certificate)
PROPERTY INSURANCE UNDERWRITING & CLAIMS (Caribbean Insurance Property Certificate)
Please register by using the completing the form below. Course Fee - $1,500; Exam Fee - $150
Individual members will be discounted $100 and company members registering two or more persons will be discounted $75.00 for each participant.
UPCOMING COURSES AND SEMINARS
At least one of the first two subjects must be taken. This course is offered as a part of the Executive Diploma in Insurance Management offered by the University of the West Indies. Upon successful completion, the participant will be granted the right to use the designation CCIP after their name; for example Jonathan Peters, CCIP.
The AIIC continues to pursue its aims and objectives with the assistance of the member institutes and UWI. Hoping to formulate further courses in the interest of improving the education within our region. It is noteworthy that our insurance act indicates that our insurance practitioners must have relevant training
The St. Vincent Institute will also endeavour to promote further education and training by arranging seminars and presentations relevant to the insurance industry.
Information reproduced from the AIIC website - www.iac-caribbean.com
The above courses will serve as credits towards the CCOIP upon completion of the CIFC.
The CCOIP designation is recognized from Jamaica in the North to Guyana in the South. Upon successful completion the participant will be granted the designation CCOIP to be used after their name; for example, Janine Browne, CCOIP.
CCIP - CARIBBEAN CERTIFIED INSURANCE PROFESSIONAL (10 Subjects)
To achieve this qualification, the candidate would have to complete the CCOIP
designation then successfully undertake 4 of the following courses:
The Insurance Institute of SVG is affiliated with the Association of Insurance Institutes of the Caribbean (AIIC) in St. Lucia. St. Vincent's training and certification is governed by the AIIC syllabuses.
The AIIC has formulated new and informative courses, and these include:
CCOIP - CARIBBEAN CERTIFICATE OF INSURANCE PRACTICE (6 Subjects)
Each of the 6 courses comprises 2 subjects. In order to qualify for the CCOIP designation, candidates must complete the CIFC course plus 4 more subjects (from 2 additional courses), making a total of 6 subjects. These four can be done in whatevercombination the student wishes. The courses are:
8 - 11 a.m.
11 a.m - 12 noon
12 noon - 2.30 p.m.
3 p.m. - 5:30 p.m.
PROPERTY INSURANCE UNDERWRITING AND CLAIMS
MOTOR INSURANCE CLAIMS
LEGAL AND BUSINESS ASPECTS
MOTOR ACCIDENT DYNAMICS
The Insurance Institute of SVG conducted a Motor Accident Dynamics Seminar on July 19th at the Computec Conference Room, from 9 a.m. to 12 noon.
The Seminar was presented by Mr. Melvin Homer, who works with the Bermuda Police Force, and is certified as an expert traffic collision investigator.
The topics covered included:
· Traffic Crash
· At-Scene Investigation
· Vehicle Inspection
· Human Factors
· Body Mechanics in Relation to Injuries
· Overview in Statement Taking
· Overview in Speed Calculation
A continuation of the program is expected over the next few months.
E.C. Single Insurance
& Pensions Market
Lunchtime Discussion - Featured Speaker Eleanor Astaphan
Consumer Protection was on the menu, as members of the Insurance Institute of SVG met at lunchtime recently, to discuss the future, with Mrs Eleanor Astaphan, the Project Manager for the E.C. Single Insurance & Pensions market.
On Thursday June 15, the skilled Guest Speaker explained the numerous benefits for the local insurance market, of having One Single Insurance & Pensions Market within the EC Currency Union. These include the Rights of Vincentian insurance entities to operate in other E.C. countries without having to Register there.
Consumer Protection is being vastly improved at the same time, in line withInternational requirements. Some of these include:-
Insurers must explain any "Unusual Terms" to
Customers must be told they have the Right to
choose their Insurer for themselves
If Insurers unfairly delay claims settlements, they
will pay extra Interest !
A Code of Conduct Charter will be firmly enforced.
Members asked many searching Questions at this stimulating meeting, held in the upstairs meeting room of the popular Eatrite venue. Insurance Institute members all agreed that a Major Seminar is needed so that
the entire local insurance community will understand the Future for Insurance.
The Insurance Institute has, since 1997, promoted Professional Development,Training, and Education and is open to anyone in Insurance, directly or indirectly.