The Insurance Institute accredits events and activities for CPD hours in respect of the APA (Personal, Commercial, Private Medical Insurance, Life Assurance or Pensions), CIP, MDI, CID, Dip L.A, CDip LA, Dip PMI, DLA, DLDU, DLDC and QFA designations.
The Insurance Institute accredits material for the following MCC product categories:
① Life Assurance
③ Savings & Investments
④ Personal General Insurance
⑤ Commercial General Insurance
⑥ Private Medical & Associated Insurances
⑦ Housing Loans, Home Reversion Agreements & Associated Insurances
⑧ Consumer Credit & Associated Insurances
⑨ Providing Debt Management Services
It is important that CPD material submitted to The Insurance Institute for accreditation specifically relates to the Minimum Competencies for Retail Financial Products (as detailed in the MCC) and/or the syllabus content of the relevant qualification.
Content should be technical in nature and may include policy coverage, terms, conditions and warranties. Topics on claims, compliance, legislation, risk management and regulation may also be approved for CPD.
Application for accreditation
Having reviewed a prospective application against the criteria listed below, companies or individuals can submit course material to The Insurance Institute for accreditation here.
To ensure efficient processing of accreditation requests, each application should ideally be assigned to a particular individual or department within the applicant organisation.
A step by step guide on how to secure accreditation and details of the relevant terms and conditions can be found here.
Checklist for CPD accreditation applications
In order for CPD content to qualify for accreditation, it must:
- Fall within the Central Bank of Ireland's knowledge points (detailed in the MCC).
- Specifically relate to the APA (Personal, Commercial, Private Medical Insurance, Life Assurance or Pensions), CIP, MDI, CID, Dip L.A, CDip LA, Dip PMI, DLA, DLDU, DLDC and QFA syllabi.
- Directly relate to the provision of advice to consumers in the respective categories of life and non-life insurance policies, reflecting the latest industry trends.
- Be relevant to current Irish law and regulatory practices.
- Be sufficiently detailed to allow the III to review the submission effectively. For example, a copy of the PowerPoint presentation (and bank of questions if an e-learning module) must accompany the accreditation request.
- Be delivered by qualified presenters or industry experts who are CPD compliant and experienced in their subject.
- Be scheduled to take place in an appropriate location (i.e. conference/in-house facility).
- Contain sufficient content to warrant the duration requested.
- Be submitted for accreditation prior to the delivery of the course.
The following restrictions apply in terms of CPD durations;
- CPD lectures/e-learning modules must be a minimum of 30 minutes in duration.
- The maximum number of formal hours that can be accredited for any single day is 8 hours.
- The maximum number of formal hours that can be accredited for any single topic within a day is 4 hours.
- The maximum number of formal hours that can be accredited for any single tested e-learning module is 2 hours.
- The maximum number of hours that can be accredited for any single examination module is 8 hours (note not all examinations will qualify for the maximum 8 hours. Full course details must be submitted to the III to consider if suitable for accreditation and if relevant, for what duration).
CPD Accreditation Queries
Maria McGeever FCII Chartered Insurer BABS LCOI
01 645 6670
CPD content that fails to meet the accreditation criteria (as listed above) cannot be accredited. In these cases appeals can be made to the PSC by emailing firstname.lastname@example.org with 'Appeal' in the subject line.
Decisions on appeals will be communicated within 15 working days of the initial appeal submission.