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Diploma Advanced Diploma in General Insurance and Risk


									                                          Diploma / Advanced Diploma
                                              in General Insurance
                                             and Risk Management
                                                                       Accredited by CII

 How These Qualifications Can Help Your Career Development

   Provide pathway to achieving the ACII designation.
   Add relevant and recognised designations to your name.
   Demonstrate your commitment to personal development.
   E n h a n ce yo u r k now l e d g e f ro m r i g o ro u s c u r r i c u l u m a t e a c h l e ve l.
   Facilitate lifelong learning with por table accumulated credits.

Register NOW!
Examination Schedule                                                                                                                 Exemption Request
Examinations are held in April and September each year. For details, please refer to the                                             You may request for exemption of any SCI
                                                                                                                                     DGIRM / ADGIRM module if you hold a
Examination Schedule at:
                                                                                                                                     qualification which you consider may provide
                                                                                                                                     the basis for exemption.
Examination Format, Structure & Fees                                                                                                 To qualify for exemption of any SCI DGIRM
  Modules GI01 to GI03                                                                                                               / ADGIRM module, the qualification /
                                                                                                                                     subject(s) in consideration must strictly meet
  Please refer to: and                                                                       the following requirements:
                                                                                                                                     (1) The qualification / subject(s) in
  Module GI04 to GI011                                                                                                                   consideration must match at least
                                                                                                                                         80% of the syllabus of the SCI DGIRM
  Examination Format                                            Examination Structure
                                                                                                                                         / ADGIRM module to be exempted,
                                                                Module GI04 to GI07                                                      and their assessment / examination
  3 hours per module
                                                                Part I 15 questions                                      120 marks       must be of comparable standard to
  Minimum Passing Grade                                         Part II 2 questions                                       80 marks       SCI assessments / examinations
  55% per module out of a possible total                                                                                                 with a minimum of 70% match to SCI
                                                                Module GI08 to GI11
  of 200 marks as specified                                                                                                               assessment / examination process.
                                                                Part I 9 questions                                        45 marks
                                                                                                                                     (2) The qualification / subject(s) in
  Written Format (Pen & Paper Mode)                             Part II 1 question                                        50 marks
                                                                                                                                         consideration must have been obtained
  Based on short answer questions, case                         Part III 3 questions                                     105 marks       by taking the examination and not by
  studies and essay questions                                                                                                            exemption or transfer of credit from a
  NB: The Textbook will come with a Specimen Examination Paper (if available) for the candidate’s guidance.                              course or programme previously taken.
                                                                                                                                     (3) The qualification has been awarded by
 Examination Fees (inclusive of 7% GST)                                                                                                  a recognised institution or professional
                                                                                                                                         body, and must not be more than 10
 First Attempt                                     SCI Member Company                                 S$299.60 per module
                                                                                                                                         years from the date of application for
 The Fee payable for each module is                Non-SCI Member Company                             S$389.48 per module
 inclusive of the Textbook.                                                                                                              exemption.
                                                                                                                                     NB: Not more than 2 module exemptions for each level
 Each Subsequent Attempt                           SCI Member Company                                 S$214.00 per module
                                                                                                                                     of Diploma or Advanced Diploma will be granted. The
 No Textbook Given                                 Non-SCI Member Company                             S$278.20 per module            candidate must register and pass module GI05: Legal
                                                                                                                                     Aspects of Insurance.
 NB: In addition, a non-refundable registration fee of S$32.10 (inclusive of 7% GST) is payable for each application submitted.
                                                                                                                                     You will be required to pay a non-refundable
                                                                                                                                     administration fee of S$53.50 (inclusive

FSDF Incentives Enhanced to Spur Continued Talent
                                                                                                                                     of 7% GST) for the processing of your
Development                                                                                                                          Upon successful application and notification,
To encourage financial institutions to continue to invest in training and upgrading their manpower                                    an exemption fee of S$149.80 (inclusive
capabilities, the Monetary Authority of Singapore (MAS) has increased its funding of training fees                                   of 7% GST) is payable for each module
of the Financial Sector Development Fund (FSDF) under its Financial Training Scheme (FTS) from                                       exempted. If you wish to apply for any
                                                                                                                                     exemption, please submit your completed
50% to 70%. This enhancement is valid from 1 January 2009 to 31 December 2010. The FSDF
                                                                                                                                     application online at:
incentives apply to only Singapore financial sector organisations that sponsor eligible participants                        
to training programmes meeting qualifying criteria, namely sponsored trainees have to be executive
                                                                                                                                     Please note that any candidate who has
level staff members physically based in Singapore. For enquiries, please contact the FSDF
                                                                                                                                     passed the relevant CII units does not need
Secretariat directly at 6229 9396 or via e-mail at:                                                                  to pay any exemption fee, if he or she wishes
                                                                                                                                     to join SCI DGIRM / ADGIRM programme.

CII Membership Benefits                                                                                                               If you are a holder of the following SCI
CII membership gives you access to everything you need to plan and develop your career in any                                        Certificate / Diploma or have passed
aspect of insurance for all CII examination levels, including discounted fees for the CII revision                                   the following examinations, you are
                                                                                                                                     automatically exempted from taking GI01,
courses and examinations. For more information on the benefits, types and fees for membership,
                                                                                                                                     GI02 and GI03 modules of the SCI DGIRM
please refer to:                                                              programme, in which case no exemption fee
                                                                                                                                     is payable:
To apply for the CII membership to enjoy the benefits, you need to complete and submit the
                                                                                                                                     (a) SCI Certificate in General Insurance
Online Membership Application Form at:                                                   (prior to year 2002);
                                                                                                                                     (b) SCI Diploma in General Insurance
SCI will submit your Application Form to the CII for processing and approval. The CII will reply to
                                                                                                                                          (Exempted from GI01, GI02, GI03, GI04,
you directly.                                                                                                                             GI05, GI08 & GI09);
                                                                                                                                     (c) BCP, PGI and ComGI Examinations;

Programme Changes                                                                                                                    (d) Any other equivalent qualifications
                                                                                                                                          offered by other academic or
SCI solely reserves the right to make any changes (including the fees) to the DGIRM / ADGIRM                                              professional institutions as listed
programme owing to any unforeseen circumstances, or when it considers necessary or appropriate                                            in Notice No: MAS 211, subject to
to do so. For the latest details, please refer to SCI website at:                                             submission of supporting documentary
                                                                                                                                          evidence to SCI.

Brief Description Of Modules                                                                       Who Would Benefit?
Certificate      GI01: Basic Insurance Concepts and Principles (BCP)                                • Business Development and
     Level      Acquire knowledge and understanding of the structure of the Singapore                Marketing Managers /Executives /
 (GI01 -GI03)   insurance market, insurance concepts and principles, insurance documents,            Officers
                claims and reinsurance.                                                            • Underwriters / Underwriting
                                                                                                     Executives / Officers
                GI02: Personal General Insurance (PGI)
                Acquire knowledge and understanding of the scope of coverage, underwriting         • Customer Service Managers /
                considerations and claims procedures for the main Personal General                   Executives / Officers
                Insurance lines.                                                                   • Claims Managers / Executives /
                GI03: Commercial General Insurance (ComGI)
                Acquire knowledge and understanding of the scope of coverage, underwriting         • General Insurance and Reinsurance
                considerations and claims procedures for the main Commercial General                 Brokers
                Insurance classes.                                                                 • General Insurance Agents and
                                                                                                     Agency Officers

Advanced        GI04: Risk and Insurance                                                           • Risk Management Managers /
                                                                                                     Executives / Officers
Certificate      Acquire knowledge and understanding of insurance practice and industry
     Level      regulations, and develop an understanding of the role of risk management in        • Risk Surveyors and Loss Adjusters
 (GI01 -GI05)   producing strategies for handling risk in an organisation.
                                                                                                   Also suitable for:
                GI05: Legal Aspects of Insurance                                                   • Any holder of SCI Certification in
                                                                                                     General Insurance (passed BCP,
                Acquire knowledge and understanding of the laws which underpin the
                                                                                                     PGI and ComGI), or its equivalent
                operation of insurance, the system within which these laws operate, and deal
                                                                                                     in accordance with Notice No: MAS
                with the principles of insurance contracts, as well as the regulatory structure,     211
                laws and regulations governing the insurance market in Singapore.
                                                                                                   • Any holder of SCI Diploma in
                                                                                                     General Insurance
 Diploma        GI06: Underwriting Practice
                                                                                                   • Insurance staff wishing to obtain a
    Level       Acquire knowledge and understanding of the business, regulatory and legal            professional insurance qualification
 (GI01 -GI07)   environment of underwriting, main influences on underwriting strategies,              for career advancement
                principles and practice of risk pricing.
                                                                                                   • Insurance staff wishing to build
                GI07: Insurance Company Operations                                                   upon existing general academic
                Acquire knowledge and understanding of the objectives of business                    qualification, such as a degree,
                organisations, the functions that all insurance organisations must perform,          by obtaining an industry-specific
                and the regulatory environment in which insurance organisations operate.

Advanced        GI08: Commercial Property Underwriting
 Diploma        Acquire knowledge and understanding of the principles and practice of risk
    Level       assessment, and underwriting in relation to property, pecuniary, construction
 (GI01 -GI11)   and engineering insurances, the role of surveyors and inspection services,
                the ability to synthesise different aspects of the syllabus, and the application
                of knowledge and skills to practical situations.

                GI09: Commercial Liability Underwriting
                Acquire knowledge of the ways in which liability arises and of the duty of
                care owed, and the effect of a breach of that duty and the resultant damages,
                an understanding of the purpose and effect of the relevant legislation, the
                ability to synthesise different aspects of the syllabus, and the application of
                knowledge and skills to practical situations.

                GI10: Claims Management
                Acquire knowledge and understanding of claims philosophies, the
                implementation of claims systems, the management of claims functions and
                claims service, and the claims practice within the non-life insurance industry.

                GI11: Business and Economics
                Acquire awareness and broad knowledge of the environment in which
                businesses operate, the economic, ethical, operational and financial
                framework applicable to companies.
Progression Pathway Towards ACII Qualification
Upon successful completion of the SCI ADGIRM programme (examination modules GI01 to GI11), you are encouraged to pursue the CII
Advanced Diploma in Insurance and attain the ACII designation.
Please note that the maximum credits which you may attain upon successful completion of such SCI ADGIRM examination route (modules
GI01 to GI11) will be capped at 210 CII credits, subject to full payment of the CII accreditation fees upon successful application for the
CII Accreditation of Prior Learning (APL). Since the APL policy and fees are subject to review and changes by the CII, you should quickly
apply for the CII APL as and when you pass any of the modules from GI01 to GI11 at:
To help you pass your examinations and attain the CII Advanced Diploma in Insurance, SCI may offer revision courses (tutorial classes
- provided that there are sufficient interested candidates to sustain the viability for each class) for 3 selected CII Advanced Diploma units
as follows:
(1) CII 945: Marketing (30 CII credits)
(2) CII 960: Advanced Underwriting (30 CII credits)
(3) CII 990: Insurance Corporate Management (30 CII credits)
However, you are free to choose other CII Advanced Diploma units to fulfil the CII minimum completion requirements of 290 credits, with
at least 180 of these obtained at the CII Advanced Diploma level. From 1 January 2011, the completion requirements for the CII Advanced
Diploma level will be changed to 290 credits [minimum of 205 credits at the CII Diploma or Advanced Diploma level, with a minimum of 90
credits at the CII Advanced Diploma level; CII units P05 (Insurance Law) and P92 (Insurance Business and Finance) being compulsory - or
equivalent, where appropriate].
For other CII Advanced Diploma in Insurance units, please refer to:

CII Accreditation Awarded
The CII has awarded credits towards the ACII / FCII qualifications to the following DGIRM / ADGIRM modules:

  SCI Module                 CII Accreditation Awarded [Barred From Relevant CII Unit Examination (If Any) As Specified Below]
                                                                                                                To be granted 20 CII non-unit specific credits at the CII
                                                                                                                Certificate level upon successful examination completion of
        GI02              Non-unit specific
                                                                                                                all 3 modules and full payment of the CII accreditation fees
                                                                                                                upon successful application.
        GI04              Non-unit specific (With effect from 1 July 2010)
        GI05              CII P05: Insurance Law
                                                                                                                To be granted the following credits at the CII Diploma level
        GI06              CII P80: Underwriting Practice
                                                                                                                upon successful examination completion and full payment of
        GI07              CII P92: Insurance Business and Finance                                               the CII accreditation fees upon successful application:
                          (With effect from 1 July 2010)                                                        20 CII credits each for GI04 & GI06
                          CII P93: Commercial Property and Business Interruption                                25 CII credits each for GI05, GI07, GI08 & GI09
        GI08              (With effect from 1 January 2010)

        GI09              CII P96: Liability Insurances (With effect from 1 January 2010)

         GI10             CII 820: Claims Management (Non-Life)                                                 To be granted 30 CII credits each for GI10 & GI11 at the
                          (Available until 31 December 2010)                                                    CII Advanced Diploma level upon successful examination
                          CII 530: Business and Economics                                                       completion and full payment of the CII accreditation fees upon
         GI11             (With effect from 1 September 2010)                                                   successful application.

CII P05 (Dip / Adv Dip) CII 510 (Adv Dip), CII 530 (Adv Dip) are compulsory units of the relevant CII examinations until October 2010 (last examination sitting).

However, in cases where candidates may have been granted exemptions by SCI for certain DGIRM / ADGIRM modules, The Chartered Insurance Institute (CII) may exercise its right to review
the merits of each case based on its prevailing Accreditation of Prior Learning (APL) policy.

Maximum Period For Completion
To obtain the SCI Advanced Diploma in General Insurance and Risk Management (modules GI01 to GI11), the candidate must pass all
11 modules of which 8 modules (GI04 to GI11) must be passed within 7 consecutive years. The qualifying period commences in the year
in which the first module (GI04 to GI11) is passed or exempted.
Module passes or exemptions exceeding 7 consecutive years are considered outdated and will not count towards meeting the ADGIRM
requirements. Any candidate with outdated passes or exemptions is required to resit the examinations for the modules, in order for him or
her to count towards meeting the ADGIRM requirements.

Continuing Professional Development (CPD) Requirement
The holder of the respective designation [Dip SCI (GI & RM) or Adv Dip SCI (GI & RM)] must fulfil a Continuing Professional Development
(CPD) requirement of 30 hours every 2 years. If the holder attains the designation in year 2011, the reporting period will be from year 2013
to year 2014. The CPD hours earned per reporting period must be from educational activities in acceptable subject matter areas (relating
to general insurance, reinsurance, risk management and regulatory changes or developments affecting the general insurance industry).
For a listing of the various CPD programmes conducted or endorsed by SCI, please refer to SCI website at:
SCI Diploma /              Programme Description
                           The DGIRM / ADGIRM programme of the Singapore College of Insurance
Advanced Diploma in        (SCI) aims to provide candidates with an in-depth and comprehensive
General Insurance and Risk technical knowledge of risks and insurance, insurance principles, products,
                           underwriting principles and practice, claims management, insurance company
Management                 operations, legal aspects of insurance, as well as business and economics.
(DGIRM / ADGIRM)           It comprises a total of 11 modules from the Certificate level to the Advanced
                                                            Diploma level, as specified in the Qualification Framework below.
Accredited by CII
       SCI + CII Subjects                                      Qualifications Awarded Upon Successful Completion
                                  Certificate in Personal General Insurance
   GI01: Basic Insurance                                                             Advanced
         Concepts and
                                  (Cert PGI) AND
         Principles (BCP)                                                            Certificate
                                  Certificate in Commercial General
                                                                                     in General
   GI02: Personal General         Insurance (Cert ComGI)
                                                                                     Insurance          Diploma
         Insurance (PGI)          Provides a solid grounding in basic insurance
                                                                                     and Risk           in General
                                  principles, concepts and marketing practices.
   GI03: Commercial General       Also provides foundational knowledge of            Management         Insurance     Advanced
         Insurance (ComGI)        personal and commercial general insurance          (Adv Cert          and Risk      Diploma
                                                                                     SCI)               Management    in General
   GI04: Risk and Insurance
                                                                                                        (DGIRM)       Insurance       CII Advanced
                                  Provides solid grounding in basic insurance concepts and
                                  principles, general insurance products, and a good understanding                    and Risk        Diploma in
   GI05: Legal Aspects of         in general insurance industry practices, risk and insurance, and                    Management      Insurance
         Insurance                the laws and regulations governing the general insurance industry.
                                                                                                                      (ADGIRM)        (ACII)
   GI06: Underwriting Practice
                                      Provides broad-based knowledge on general Insurance industry
   GI07: Insurance Company            practices, from company operations to underwriting practices.

   GI08: Commercial Property

   GI09: Commercial Liability              Develops sound technical underwriting knowledge and skills in all
         Underwriting                      classes of general insurance, as well as provides practical insights
                                           into claims management function.
   GI10: Claims Management

   GI11: Business and

   CII 945: Marketing

   CII 960: Advanced                           This is the “professional” qualification awarded to experienced and
            Underwriting                       expert market practitioners.

   CII 990: Insurance Corporate

Qualification Framework                                                                             Qualification Awards
The qualification framework has been designed to deliver the following benefits:                     As progress is made upon completion of each
• Progressive qualification structure building on existing knowledge at each                        module, a notification of examination results
  level                                                                                            in the form of a Result Slip will be issued two
• Industry recognised designations awarded upon successful completion                              months from the date of the last examination. SCI
• Portability of qualifications upon achievement                                                    will send the candidate’s Result Slip by registered
• Supporting competence and compliance activity                                                    post to the mailing address.
• Knowledge gained applicable to local context
                                                                                                   Upon successful completion of the examination
• Facilitating lifelong learning to upgrade knowledge and skills, and to enhance
                                                                                                   modules, you will be entitled to use the respective
  professional competency
                                                                                                   designation as follows:-
                                                                                                   • GI01 to GI05 - Adv Cert SCI (GI & RM)
Sequence Of Examination Attempts                                                                   • GI01 to GI07 - Dip SCI (GI & RM)
Before attempting the SCI DGIRM / ADGIRM examination, you must first                                • GI01 to GI11 - Adv Dip SCI (GI & RM)
successfully complete the SCI Certificate in General Insurance (CGI)
examination by obtaining passes in BCP-GI01, PGI-GI02 and ComGI-GI03,                              To maintain the respective designation Dip SCI
unless exempted as specified.                                                                       (GI & RM) / Adv Dip SCI (GI & RM), you will have
                                                                                                   to meet the Continuing Professional Development
Subject to the Examination Schedule, you may attempt the examinations of                           (CPD) requirement.
modules GI04 to GI11 in any order of preference.
                       Singapore College of Insurance
                       9 Temasek Boulevard, #14-01/02/03 Suntec Tower Two, Singapore 038989
                       Tel: (65) 6221 2336 | Fax: (65) 6220 6684
                       E-mail: | Website:

An Initiative by SCI

      About Singapore College of Insurance

      Singapore’s leading insurance and financial services training and professional
      education provider

                                                  The Singapore College of Insurance (SCI) is a not-
                                                  for-profit, industry-based training and professional
                                                  education provider that was established in 1974
                                                  to support Singapore’s development as a major
                                                  international financial centre. For over three decades,
                                                  SCI has earned a strong international reputation for its
                                                  comprehensive suite of high quality, industry-relevant
                                                  training and education programmes that cater to the
                                                  learning needs of industry professionals from all across
                                                  Asia in its core fields of Insurance, Risk Management,
                                                  Financial Services and Wealth Management.


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