CPD – knowledge worth sharing

CPD – knowledge worth sharing

Continuing Professional Development (CPD) is any kind of structured learning undertaken by professionals that serves to enhance their skills and competencies.

CPD Requirements

The Central Bank of Ireland's Minimum Competency Code 2011 (MCC) requires that qualifications must be maintained and built upon through CPD to ensure that insurance practitioners keep their knowledge current. In practice, CPD also offers great opportunities for personal development and networking.

To help you to meet your CPD requirements, we accredit, deliver and monitor CPD as part of your Insurance Institute membership benefit package.

Under the MCC, in order to work in a regulated role you must hold a recognised insurance qualification with a professional designation or have been certified as a Grandfathered Person by a regulated firm. To maintain your accreditation as a Qualified or Grandfathered Person, you must satisfy the following CPD requirements:

  • Complete 15 hours of formal CPD each calendar year.
  • At least 1 of these CPD hours must relate to ethics.
  • The 15 hours must also contain a minimum of 1 hour of CPD for each regulated function undertaken.
  • All CPD completed for MCC purposes must be accredited by The Insurance Institute.

Let us know what you think

Our members are very much at the heart of what we do; your comments, suggestions and feedback influences the content and structure of the CPD series. Please do not hesitate to contact our Head of Member Services, Deirdre Morrissey ACII on dmorrissey@iii.ie or 01 645 6670 should you have any views on current or future CPD offerings.