Associate In Marine Insurance Management
What Does Associate In Marine Insurance Management Mean?
The Associate in Marine Insurance Management (AMIM) is an educational program designed for insurance professionals seeking to enhance their knowledge in the following areas:
- Inland marine insurance
- Ocean marine insurance
- Risk management
- Insurance company operations
- Legal environment
The program is conducted in a classroom setting and is highly recommended for individuals involved in marine insurance. Upon completing the program, participants are encouraged to take six national examinations administered by the Insurance Institute of America (IIA). Successful candidates are awarded a certification, recognizing them as marine insurance specialists.
Insuranceopedia Explains Associate In Marine Insurance Management
The Associate in Marine Insurance Management (AMIM) program was developed with financial and technical support from the American Institute of Marine Underwriters and the Inland Marine Underwriters Association. The program covers a range of topics, including:
- Shipping fundamentals
- Cargo underwriting
- Cargo insurance policies
- Hull insurance
- Protection and indemnity
- Contractors’ equipment insurance
This program is recommended for professionals such as marine managers, marine underwriters, risk managers, claims adjusters, and agents, among others.
Designed to provide practical knowledge in marine insurance, the program emphasizes the requirements and procedures for insuring maritime operations and assets for both inland and ocean-going clients. As an associate degree, it can typically be completed within 18 to 24 months.
