What is an AIC designation?

What is an AIC designation?

In the insurance industry, an associate in claims (AIC) designation signifies specialized training and skills in the handling of various types of insurance claims.

How do I contact AIC?

To speak to a representative, please call 800-492-5629.

What are the two types of insurance claims?

Types of Insurance Claims

• Burglary and Theft. Burglary and theft are the most common commercial insurance claims filed by businesses.
• Water and Freezing Damage.
• Wind and Hail Damage.
• Fire.
• Slips and Falls by Customers.
• Customer Injury and Property Damage.
• Product Liability.
• Struck by an Object.

Is the AIC designation worth it?

If you are seeking a job handling insurance claims, an AIC designation is a great way to get yourself noticed and stand out from among the pack of qualified applicants. If you already work handling claims, the AIC designation can help establish your expertise in the field.

What is IIA AIC designation?

Associate in Claims (AIC) — professional designation awarded by the Insurance Institute of America (IIA) upon successful completion of four national exams. The program was developed with the technical and financial assistance of the National Association of Independent Insurance Adjusters (NAIIA).

What is the most common insurance claim?

What Are the Most Common Homeowners Insurance Claims?

• #1: Wind & Hail (34% of Claims)
• #2: Water Damage & Freezing (29% of Claims)
• #3: Fire and Lightning Damage (25% of Claims)
• #4: All Other Property Damage (7% of claims)
• #5: Liability (3% of Claims)
• #6: Theft (1% of Claims)

What can you do with an AIC designation?

Benefits Of The AIC Designation

• Homeowners and Personal Lines Property Coverages.
• Commercial Property Insurance.
• Property Loss Exposures.
• Conditions, Optional Coverages, and Endorsements.
• The claim function.
• The claim handling process.
• Investigating claims.
• Documenting claims.

Is a AIC a degree?

Developed by the Institutes with support from the National Association of Independent Insurance Adjusters, the Associate in Claims (AIC) is a nationally recognized educational program for claims adjuster training consisting of four courses and national exams that covers the handling of claims.

Which insurance designation should I get first?

The Top 5 Insurance Designations

• 1) Chartered Property Casualty Underwriter (CPCU®)
• 2) Certified Insurance Counselor (CIC)
• 3) Certified Risk Manager (CRM)
• 4) Associate in Risk Management (ARM™)
• 5) Associate in General Insurance (AINS™)
• Bonus: Associate in Personal Insurance (API™)

What are the five different types of claims?

The six most common types of claim are: fact, definition, value, cause, comparison, and policy. Being able to identify these types of claim in other people’s arguments can help students better craft their own.