Associate in Captive Insurance (ACI)

The Associate in Captive Insurance (ACI) is the recognized designation of captive insurance professionals around the world.

As ICCIE was being conceived, feedback from industry experts made it clear that a captive insurance education designation should be available through a comprehensive program of study. It was with this in mind that the ACI designation program was created, and it was intentionally designed to be challenging and complete – to assure professionals that the designation would be meaningful.

Tuition

The ACI designation program tuition is $4,600
Tuition is payable in two installments of $2,300
The first payment is due when you register for the program
The second half of the tuition is payable 12 months after the date of the initial payment or before you receive access to your fourth course, whichever comes first

Program Requirements

(see below for more details)

Seven (7) Core Courses
Two (2) Elective Courses
Three (3) “Hot Topic” Webinars

Completion Time

Students have three years to complete the ACI designation program

Continuing Education (CE) Requirements for ACI Graduates

After completing the ACI program, graduates are expected to earn a minimum of 12 continuing education credits every three years to remain in good standing. Click here to learn more about the CE requirements for ACI grads.

Other Important Information

You can begin the program any time. Courses can be taken in any order.
After you register and pay for the program, contact the ICCIE Office to sign up for courses. Course dates are listed in the Course Catalog.
Courses consist of weekly online instructor-led sessions, weekly assignments, and a final exam. Students can expect to spend 75 minutes per week in class and approximately 75 minutes per week on assignments outside of class.
Courses vary in length from three to six weekly sessions, plus a final exam period. For specific information about each course, see the Course Catalog.
All coursework can be completed online.

ACI Designation Program Requirements – More Details

A. Core Courses

Students must complete all seven core courses (including their respective post-course exams). These are classes comprised of ICCIE content developed by our instructors. They are offered online and contain instructor-led synchronous and asynchronous components. This blended approach offers students a high degree of engagement and interaction with top-tier industry professionals and the flexibility to complete their studies according to the dictates of their busy lives.

B. Elective Courses

Students must complete two of the following electives (including their respective post-course exams). Electives are offered through ICCIE, The Institutes, and American Society for Healthcare Risk Management (ASHRM). ICCIE elective course tuition is included in the ACI designation tuition (up to 2 electives). All electives not offered directly by ICCIE will be paid for by the student. Electives are offered as instructor-led online classes.

ICCIE – Accounting for Captives: Financial Reporting and Analysis (6 CEs)
ICCIE – Accounting for Captives: Interpretation and Management Perspectives (6 CEs)
ICCIE – Captive Board Governance (5 CEs)
ICCIE – Captive Claims Management Best Practices & Reinsurance (5 CEs)
ICCIE – Employee Benefits and Captives (5 CEs)
ICCIE – Healthcare Captives Overview (6 CEs)
ICCIE – Regulation of Captives (5 CEs)
ICCIE – Risk Retention Groups (5 CEs)
ICCIE – Taxation of Captive Insurance Arrangements (5 CEs)
ICCIE – Understanding the Intricacies of Cell Captives (6 CEs)
ASHRM – Barton Certificate in Healthcare Risk Management – Essentials (9 CEs)
ASHRM – Barton Certificate in Healthcare Risk Management – Advanced Applications (9 CEs)
Canadian Risk Management (CRM) Designation – Risk Management Principles and Practices (9 CEs)
Canadian Risk Management (CRM) Designation – Risk Assessment and Treatment (9 CEs)
Canadian Risk Management (CRM) Designation – Risk Financing (9 CEs)
The Institutes – AIAF 320: Insurer Accounting and Finance Principles (9 CEs)
The Institutes – AINS 103: Exploring Commercial Insurance(5 CEs)
The Institutes – ARM 400: Risk In the Evolving World (9 CEs)
The Institutes – ARM 401: Holistically Assessing Risk (9 CEs)
The Institutes – ARM 402: Successfully Treating Risk (9 CEs)
The Institutes – AU 60: Commercial Underwriting Principles (9 CEs)
The Institutes – AU 61: Underwriting Commercial Property (9 CEs)
The Institutes – AU 62: Underwriting Commercial Liability (9 CEs)
The Institutes – CPCU 551: Commercial Property Risk Management Insurance (9 CEs)
The Institutes – CPCU 552: Commercial Liability Risk Management and Insurance (9 CEs)

If you have completed any of the above courses, please click here to review our Policies page (Credit for an Already-Completed Course or “Testing Out” of a Course)

C. “Hot Topic” Webinars

Students must participate in three “hot topic” webinars offered through ICCIE, VCIA or through approved modules at captive conferences. It is expected that ICCIE will offer four to six such webinars per year. Check the Course Catalog on our website for current webinar offerings. ICCIE also sends information about upcoming webinars to our email subscribers.

D. Continuing Education (CE) Requirements for ACI Graduates

Upon earning the Associate in Captive Insurance Designation (ACI), graduates must complete a minimum of 12 continuing education credits every three years to remain in good standing. CE credits can be earned through ICCIE webinars, coursework, and attending or presenting approved sessions at captive conferences. To learn more about the CE requirements click here.