Associate In Marine Insurance Management
What Does Associate In Marine Insurance Management Mean?
Associate in marine insurance management (AMIM) is an educational program for insurance professionals to expand their expertise on the subjects of:
- Inland marine insurance.
- Ocean marine insurance.
- Risk management.
- Insurance company operations.
- Legal environment.
Conducted in a classroom setting, the program is recommended for people involved in marine insurance. After completing the program, individuals are encouraged to complete six national examinations given by the Insurance Institute of America (IIA). After passing the exam, a certification is awarded so these professionals can become marine insurance specialists.
Insuranceopedia Explains Associate In Marine Insurance Management
The associate in marine insurance management program was developed with the financial and technical assistance of the American Institute of Marine Underwriters and the Inland Marine Underwriters Association. Under this program, students study subjects involving:
- Shipping fundamentals.
- Cargo underwriting.
- Cargo insurance policies.
- Hull insurance.
- Protection and indemnity.
- Contractors’ equipment insurance.
The program is recommended for marine managers, marine underwriters, risk managers, claim adjusters and agents, to name a few.
The program is designed to provide practical knowledge in marine insurance. It also focuses on requirements and procedures to insure maritime operations and assets for inland and ocean-going clients. Since this program is an associate degree, it can be completed within 18 to 24 months.