DEFINITION of 'Associate In Marine Insurance Management - AMIM'

An IIA program for insurance professionals is designed to expand the knowledge of marine insurance. It includes the areas of expertise of ocean marine insurance, inland marine insurance, principles of risk management and insurance, insurance company operations, legal environment of insurance and management. This program of study is recommended for individuals involved in the areas of ocean marine and inland marine insurance. The AMIM program was developed with the technical and financial assistance of the Inland Marine Underwriters Association and the American Institute of Marine Underwriters. Marine insurance is the oldest line of insurance.

BREAKING DOWN 'Associate In Marine Insurance Management - AMIM'

Subjects covered in the required courses include Shipping Fundamentals, Cargo Insurance Policies, Cargo Underwriting, Protection & Indemnity, Hull Insurance, Contractors Equipment and Fine Arts Insurance.

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