DEFINITION of 'Associate In Loss Control Management - ALCM '
A professional designation earned after the successful completion of five national examinations given by the Insurance Institute of America (IIA). An Associate in Loss Control Management (ALCM) designation is designed for individuals whose workplace responsibilities revolve around loss controls. An associate with this designation would be expected to have expertise in accident prevention, property protection, and industrial and environmental hygiene among other related fields.
BREAKING DOWN 'Associate In Loss Control Management - ALCM '
The field of loss control deals with the selection, design and implementation of loss control functions. Loss control consulting services may be used by some companies to assist with evaluating loss risk and the development, administration, and operation of their safety and loss prevention programs.