London Market Qualifications – Recognition in Cii Framework

816 WordsMay 3, 20134 Pages
available qualifications London market qualifications – recognition in CII framework Qualification Credit value in CII qualification framework Equivalent to CII units (Important note: where the CII units listed below are passed or already held additional credits will not be awarded in respect of the London market exams unless specifically stated otherwise) PROFESSIONALISM A CENTURY OF Additional credits/units required to complete the CII Certificate in Insurance (minimum 40 credits to complete) (Credits from London market qualifications can also be used to complete other qualifications in the CII framework) CII Award in London Market Insurance (ALMI) 25 Certificate credits • Unit (LM1) London market insurance…show more content…
Note: These 25 credits will replace (rather than add to) the 15 credits which would otherwise be awarded for holding LLMIT. Completion of either unit in isolation will not result in the award of any credits. Minimum 25 credits including meeting the compulsory unit requirement: • IF1 (15 credits), plus a minimum of a further 10 credits obtained by passing any of the units in the CII insurance qualifications framework. Or • LM1 & LM2 (25 credits) plus a minimum of a further 15 credits obtained by passing any of the units in the CII insurance qualifications framework. Minimum 25 credits including meeting the compulsory unit requirement: • IF1 (15 credits), plus a minimum of a further 10 credits obtained by passing any of the units in the CII insurance qualifications framework. Or • LM1 & LM2 (25 credits) plus a minimum of a further 15 credits obtained by passing any of the units in the CII insurance qualifications framework. Lloyd’s Introductory Test (LIT) (both underwriting (LTU) and broking (LTB) versions) 15 Certificate credits (This will be shown on the CII Learning Statements with a unit code of LTU or LTB, respectively) (LM1) London market insurance essentials; and (LM2) London market insurance principles and practices Where both units are passed 25 credits will be awarded. Note: These 25 credits will
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