ACIP

ACIP – Award for Certified Insurance Practitioner

Overview

The BIBF Award for Certified Insurance Practitioner (ACIP) is designed to equip candidates with the necessary knowledge and skills in the most common lines of Insurance as per international standards and local market practice to subsequently apply those concepts to real life scenarios.

ACIP Structure

The ACIP comprises of five compulsory modules as follow:

CodeUnitPre-requisiteAssessment
4018Insurance Principles and PracticeNIL2 hours proctored exam, 4 weeks after course completion
4019Medical InsuranceInsurance Principles and Practice2 hours proctored exam, 4 weeks after course completion
4020Motor Underwriting and Claims HandlingInsurance Principles and Practice2 hours proctored exam, 4 weeks after course completion
4021Miscellaneous Insurances & Consumer LinesInsurance Principles and Practice2 hours proctored exam, 4 weeks after course completion
4022Property Insurance & Business InterruptionInsurance Principles and Practice2 hours proctored exam, 4 weeks after course completion

Classroom Session & Attendance Policy

Candidates will attend compulsory classroom and/or online lectures comprising of:

  • 25 hours per module
  • 5 days
  • 5 hours per day

with experienced faculty and conduct independent study until their final exam.

In order to be eligible to sit for the exam, the candidate must maintain a minimum 75% attendance per module, whether it is face to face classroom or virtual. A candidate falling below the minimum will not be eligible to sit for the module examination.

Target Audience

The ACIP certification is suitable for entry to middle level professionals at core insurance functions such as underwriting, claim handling and reinsurance management as well as brokers and agents and managers of insurance portfolios in non-insurance organizations.

Additionally, it is suitable for insurance professionals at middle to senior level working at support insurance functions such as finance and accounting, compliance, etc.

Admission Requirements

  • Post-secondary school diploma
  • Or Secondary school certificate with 2 years of relevant experience and appropriate English fluency level (this will assessed by an English language proficiency through BIBF
  • Or by presenting valid English certificate of an equivalency of IELTS level 5)

Programme Fees

  • Member Organizations:
    • GCC Nationals : Free of Charge
    • Non-GCC Nationals : BHD 150

Contact Us

  • Phone: +973 1781 5547 Or +973 1781 5555