Course Aims and Objectives

This course is intended for AIIN holders who intend to specialise in the loss adjusting profession. This study text aims to introduce the fundamentals of loss adjusting in an insurance market that is constantly evolving, and to demonstrate the importance of this profession within the broader insurance industry.

• their interaction with insurers;
• their interaction with clients;
• regulatory and financial issues affecting loss adjusting practice; and
• ethical and conduct issues.

Course Contents

• The Loss Adjusting Market
• Role of the Loss Adjuster in Negotiation, Disclosure and Loss Adjusting Activities
• The Loss Adjusting Environment
• Principles of Insurance
• Legal and Regulatory Issues
• Key Financial Issues Facing Insurance Loss Adjusters
• Conduct and Culture
• Conflict Management

Course Aims and Objectives

This course is intended for AIIN holders who intend to specialise in the loss adjusting profession and who currently provide loss adjusting services or plan to provide loss adjusting services. The course is built on the assumed knowledge of F01 (Insurance, Legal and Regulatory) and PF02 (Insurance Loss Adjusting Practice (Foundation)) while exposing the candidates to the loss adjusters’ report writing. It is expected that a good comprehension of the course will enable candidates to understand how to professionally present reports on the various classes of insurance that the candidate may be exposed to in the course of working as a licensed loss adjuster.          

Course Contents

• Introduction
• Structure and Types of Post-Loss Survey Reports
• Report Writing on Property Claims
• Report Writing on Marine Cargo Claims
• Report Writing on Marine Hull Claims
• Report Writing on Money Insurance Claims
• Report Writing on Theft Claims
• Report Writing on Goods-In-Transit Claims
• Report Writing on Fidelity Guarantee Claims
• Report Writing on Business Interruption Claims

Course Aims and Objectives

This study text is intended for AIIN holders who are highly experienced in providing loss adjusting services and who are in, or aspire to, senior loss adjusting and management positions. It is built on the assumed knowledge of F01 (Insurance, Legal and Regulatory), I01 (Insurance Law), PF02 (Insurance Loss Adjusting Practice (Foundation) and PI02 (Insurance Loss Adjusting Practice (Intermediate)) while providing knowledge and understanding.

It is also expected that a good comprehension of the course contents will enable the candidates to be able to understand the professional ethics that are required from loss adjusters and all professional members of the Chartered Insurance Institute of Nigeria.

Course Contents

• Supplementary Clauses and Extensions
• Adjustment of Claims – Fire
• Adjustment of Claims – Theft
• Adjustment of Claims – Contractors’ All Risks
• Adjustment of Claims – Electronic Equipment and Machinery
• Adjustment of Claims – Public Liability
• Adjustment of Claims – Goods-In-Transit
• Adjustment of Claims – Money Insurance
• Adjustment of Claims – Fidelity Guarantee Insurance
• Adjustment of Claims – Cargo Insurance
• Adjustment of Claims – Marine Hull Claims
• Adjustment of Claims – Business Interruption Insurance
• Professional Ethics