What Is an Associate In Claims (AIC)?
An Associate in Claims is a professional designation for professionals with enhanced skill training to handle different types of insurance 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 as claims adjusters.
- An Associate in Claims (AIC) is a professional certification for insurance claims adjusters who have passed an intensive educational program, conferred by the Insurance Institute of America.
- A claims adjuster investigates insurance claims to determine the extent of the insuring company's liability.
- Claims adjusters may handle property claims involving damage to structures, and/or liability claims involving personal injuries or third-person property damage
Understanding Associates In Claims
The Associate in Claims 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). The AIC program itself consists of a series of 13-week courses with four national exams and is most appropriate for experienced adjusters, claims supervisors, and examiners. The program was developed with the technical and financial assistance of the National Association of Independent Insurance Adjusters (NAIIA).
The AIC program is a self-study program. A prospective AIC designee may order traditional textbooks or view educational materials online. Final exams are administered at various locations around the U.S., and occasionally internationally. The exams are two hours long and students are asked to answer 85 objective questions.
Both the educational materials and the exams taken at the end of the courses cost a fee. The total cost of each course is under a couple hundred dollars. The completion of each individual course earns the student a smaller designation, but the AIC is earned after the completion of all six courses.
Why an Associate in Claims Designation is Important
The Associate in Claims designation is a nationally recognized certification in the insurance industry. Obtaining an AIC designation demonstrates a commitment to the profession and continuing education, and it can be a great asset when it comes to securing a job in the field. If someone is already working in the insurance industry as an independent insurance adjuster, a staff claims representative, an examiner, a public adjuster, or anyone else looking to move up in the insurance industry, the AIC certification may also help.
The AIC program provides insight into how the insurance claims industry operates as a whole. The AIC program operates from a perspective of a broad knowledge base, with a focus that goes beyond just how employers handles claims. The program provides insight and understanding into how the industry is organized and how claims operations interact with the insurance industry, the public, and the legal system. The combination of property and casualty claim education provides a solid base from which to form or enhance a career in claims.