In response to industry interest in an intermediate captive insurance educational benchmark, ICCIE launched the Certificate in Captive Insurance (CCI) in September of 2015.
The CCI allows students to commit to an intermediate level of expertise in the captive industry, while also allowing for specialization in captive knowledge.
There are three types of CCI certificates available. They are, along with their requirements:
For Captive Owners: the CCI-O – required:
An Introduction to Alternative Risk Financing Mechanisms OR Understanding Risk and Risk Retention Mechanisms
Business Ethics in the Captive Insurance Industry
Captive Board Governance
Forming and Operating a Captive
For Captive Managers: the CCI-M – required:
An Introduction to Alternative Risk Financing Mechanisms OR Understanding Risk and Risk Retention Mechanisms
Accounting for Captives – Financial Reporting and Analysis
Accounting for Captives – Interpretation and Management Perspectives
Forming and Operating a Captive
General RM Professional: the CCI – required:
An Introduction to Alternative Risk Financing Mechanisms OR Understanding Risk and Risk Retention Mechanisms
Forming and Operating a Captive
Two ICCIE-offered core or elective courses
Tuition for the CCI is $2,600 – payable upon enrollment. CCI graduates who wish to enroll in the complete ACI program, would pay the regular second payment ($2,300), making the total cost of such an ACI $4,900 vs. the normal $4,600.