Associate In Claims - AIC

AAA

DEFINITION of 'Associate In Claims - AIC'

A professional designation designed to provide claims professionals with enhanced skill training to handle different types of claims. Areas of study in the Associate in Claims (AIC) program include: claim handling principles, managing bodily injury claims, property loss adjusting and liability claim practices. The program is typically geared towards professional working in the insurance industry.

INVESTOPEDIA EXPLAINS 'Associate In Claims - AIC'

The Associate in Claims (AIC) program is commonly used by many companies to train their professionals in claims handling. To obtain the AIC designation, the candidate has to complete the program and pass the exam administered by the Insurance Institute of America (IIA).

RELATED TERMS
  1. Associate In Premium Auditing - ...

    Professional designation awarded by the Insurance Institute of ...
  2. Generally Accepted Accounting Principles ...

    The common set of accounting principles, standards and procedures ...
  3. Life Expectancy

    1. The age until which a person is expected to live. 2. The remaining ...
  4. Actuarial Analysis

    The examination of risk by a highly educated and certified professional ...
  5. Mortality And Expense Risk Charge

    A variable annuity fee included in certain annuity or insurance ...
  6. Casualty Insurance

    A broad category of coverage against loss of property, damage ...
Related Articles
  1. Insure Your Future With A Career As ...
    Home & Auto

    Insure Your Future With A Career As ...

  2. Designations No Retirement Planner Should ...
    Professionals

    Designations No Retirement Planner Should ...

  3. A Close Look At Certified Senior Designations
    Professionals

    A Close Look At Certified Senior Designations

  4. 5 Life Insurance Questions You Should ...
    Options & Futures

    5 Life Insurance Questions You Should ...

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center