Diploma / Advanced Diploma in General Insurance and Risk ...

Diploma / Advanced Diploma
in General Insurance
and Risk Management
(DGIRM/ADGIRM)
Accredited by CII
How These Qualifications Can Help Your Career Development
Provide pathway to achieving the ACII designation.
Add relevant and recognised designations to your name.
Demonstrate your commitment to personal development.
Enhance your knowledge from rigorous curriculum at each level.
Facilitate lifelong learning with portable accumulated credits.
Register NOW! www.scicollege.org.sg/DGIRM_Register.asp

Examination Schedule
Examinations are held in April and September each year. For details, please refer to the
Examination Schedule at: www.scicollege.org.sg/examschedule.aspDGIRM
Examination Format, Structure & Fees
Modules GI01 to GI03
Please refer to: www.scicollege.org.sg/CGI_ExamStructure and
www.scicollege.org.sg/CGI_ExamFees
Module GI04 to GI011
Examination Format
Duration
3 hours per module
Minimum Passing Grade
55% per module out of a possible total
of 200 marks as specified
Written Format (Pen & Paper Mode)
Based on short answer questions, case
studies and essay questions
Examination Structure
Module GI04 to GI07
Part I 15 questions 120 marks
Part II 2 questions
80 marks
Module GI08 to GI11
Part I 9 questions 45 marks
Part II 1 question
50 marks
Part III 3 questions
105 marks
NB: The Textbook will come with a Specimen Examination Paper (if available) for the candidate’s guidance.
Examination Fees (inclusive of 7% GST)
First Attempt
The Fee payable for each module is
inclusive of the Textbook.
Each Subsequent Attempt
No Textbook Given
SCI Member Company
Non-SCI Member Company
SCI Member Company
Non-SCI Member Company
S$299.60 per module
S$389.48 per module
S$214.00 per module
S$278.20 per module
NB: In addition, a non-refundable registration fee of S$32.10 (inclusive of 7% GST) is payable for each application submitted.
FSDF Incentives Enhanced to Spur Continued Talent
Development
To encourage financial institutions to continue to invest in training and upgrading their manpower
capabilities, the Monetary Authority of Singapore (MAS) has increased its funding of training fees
of the Financial Sector Development Fund (FSDF) under its Financial Training Scheme (FTS) from
50% to 70%. This enhancement is valid from 1 January 2009 to 31 December 2010. The FSDF
incentives apply to only Singapore financial sector organisations that sponsor eligible participants
to training programmes meeting qualifying criteria, namely sponsored trainees have to be executive
level staff members physically based in Singapore. For enquiries, please contact the FSDF
Secretariat directly at 6229 9396 or via e-mail at: fsdf@mas.gov.sg
CII Membership Benefits
CII membership gives you access to everything you need to plan and develop your career in any
aspect of insurance for all CII examination levels, including discounted fees for the CII revision
courses and examinations. For more information on the benefi ts, types and fees for membership,
please refer to: www.scicollege.org.sg/CII-SCI/guidelines.asp#CIIMEMBER
To apply for the CII membership to enjoy the benefi ts, you need to complete and submit the
Online Membership Application Form at: www.scicollege.org.sg/CII-SCI/membership_new.asp
SCI will submit your Application Form to the CII for processing and approval. The CII will reply to
you directly.
Programme Changes
SCI solely reserves the right to make any changes (including the fees) to the DGIRM / ADGIRM
programme owing to any unforeseen circumstances, or when it considers necessary or appropriate
to do so. For the latest details, please refer to SCI website at: www.scicollege.org.sg/dgirm
Exemption Request
You may request for exemption of any SCI
DGIRM / ADGIRM module if you hold a
qualifi cation which you consider may provide
the basis for exemption.
To qualify for exemption of any SCI DGIRM
/ ADGIRM module, the qualification /
subject(s) in consideration must strictly meet
the following requirements:
(1) The qualifi cation / subject(s) in
consideration must match at least
80% of the syllabus of the SCI DGIRM
/ ADGIRM module to be exempted,
and their assessment / examination
must be of comparable standard to
SCI assessments / examinations
with a minimum of 70% match to SCI
assessment / examination process.
(2) The qualifi cation / subject(s) in
consideration must have been obtained
by taking the examination and not by
exemption or transfer of credit from a
course or programme previously taken.
(3) The qualifi cation has been awarded by
a recognised institution or professional
body, and must not be more than 10
years from the date of application for
exemption.
NB: Not more than 2 module exemptions for each level
of Diploma or Advanced Diploma will be granted. The
candidate must register and pass module GI05: Legal
Aspects of Insurance.
You will be required to pay a non-refundable
administration fee of S$53.50 (inclusive
of 7% GST) for the processing of your
application.
Upon successful application and notifi cation,
an exemption fee of S$149.80 (inclusive
of 7% GST) is payable for each module
exempted. If you wish to apply for any
exemption, please submit your completed
application online at:
www.scicollege.org.sg/ExamEx.aspDGIRM
Please note that any candidate who has
passed the relevant CII units does not need
to pay any exemption fee, if he or she wishes
to join SCI DGIRM / ADGIRM programme.
If you are a holder of the following SCI
Certifi cate / Diploma or have passed
the following examinations, you are
automatically exempted from taking GI01,
GI02 and GI03 modules of the SCI DGIRM
programme, in which case no exemption fee
is payable:
(a) SCI Certifi cate in General Insurance
(prior to year 2002);
(b) SCI Diploma in General Insurance
(Exempted from GI01, GI02, GI03, GI04,
GI05, GI08 & GI09);
(c) BCP, PGI and ComGI Examinations;
(d) Any other equivalent qualifi cations
offered by other academic or
professional institutions as listed
in Notice No: MAS 211, subject to
submission of supporting documentary
evidence to SCI.
TT/SCI/21-09-2010

Brief Description Of Modules
Who Would Benefit
Certificate
Level
(GI01 -GI03)
Advanced
Certificate
Level
(GI01 -GI05)
Diploma
Level
(GI01 -GI07)
GI01: Basic Insurance Concepts and Principles (BCP)
Acquire knowledge and understanding of the structure of the Singapore
insurance market, insurance concepts and principles, insurance documents,
claims and reinsurance.
GI02: Personal General Insurance (PGI)
Acquire knowledge and understanding of the scope of coverage, underwriting
considerations and claims procedures for the main Personal General
Insurance lines.
GI03: Commercial General Insurance (ComGI)
Acquire knowledge and understanding of the scope of coverage, underwriting
considerations and claims procedures for the main Commercial General
Insurance classes.
GI04: Risk and Insurance
Acquire knowledge and understanding of insurance practice and industry
regulations, and develop an understanding of the role of risk management in
producing strategies for handling risk in an organisation.
GI05: Legal Aspects of Insurance
Acquire knowledge and understanding of the laws which underpin the
operation of insurance, the system within which these laws operate, and deal
with the principles of insurance contracts, as well as the regulatory structure,
laws and regulations governing the insurance market in Singapore.
GI06: Underwriting Practice
Acquire knowledge and understanding of the business, regulatory and legal
environment of underwriting, main infl uences on underwriting strategies,
principles and practice of risk pricing.
GI07: Insurance Company Operations
Acquire knowledge and understanding of the objectives of business
organisations, the functions that all insurance organisations must perform,
and the regulatory environment in which insurance organisations operate.
• Business Development and
Marketing Managers /Executives /
Officers
• Underwriters / Underwriting
Executives / Officers
• Customer Service Managers /
Executives / Officers
• Claims Managers / Executives /
Officers
• General Insurance and Reinsurance
Brokers
• General Insurance Agents and
Agency Offi cers
• Risk Management Managers /
Executives / Officers
• Risk Surveyors and Loss Adjusters
Also suitable for:
• Any holder of SCI Certifi cation in
General Insurance (passed BCP,
PGI and ComGI), or its equivalent
in accordance with Notice No: MAS
211
• Any holder of SCI Diploma in
General Insurance
• Insurance staff wishing to obtain a
professional insurance qualifi cation
for career advancement
• Insurance staff wishing to build
upon existing general academic
qualifi cation, such as a degree,
by obtaining an industry-specifi c
qualifi cation
Advanced
Diploma
Level
(GI01 -GI11)
GI08: Commercial Property Underwriting
Acquire knowledge and understanding of the principles and practice of risk
assessment, and underwriting in relation to property, pecuniary, construction
and engineering insurances, the role of surveyors and inspection services,
the ability to synthesise different aspects of the syllabus, and the application
of knowledge and skills to practical situations.
GI09: Commercial Liability Underwriting
Acquire knowledge of the ways in which liability arises and of the duty of
care owed, and the effect of a breach of that duty and the resultant damages,
an understanding of the purpose and effect of the relevant legislation, the
ability to synthesise different aspects of the syllabus, and the application of
knowledge and skills to practical situations.
GI10: Claims Management
Acquire knowledge and understanding of claims philosophies, the
implementation of claims systems, the management of claims functions and
claims service, and the claims practice within the non-life insurance industry.
GI11: Business and Economics
Acquire awareness and broad knowledge of the environment in which
businesses operate, the economic, ethical, operational and fi nancial
framework applicable to companies.

Progression Pathway Towards ACII Qualification
Upon successful completion of the SCI ADGIRM programme (examination modules GI01 to GI11), you are encouraged to pursue the CII
Advanced Diploma in Insurance and attain the ACII designation.
Please note that the maximum credits which you may attain upon successful completion of such SCI ADGIRM examination route (modules
GI01 to GI11) will be capped at 210 CII credits, subject to full payment of the CII accreditation fees upon successful application for the
CII Accreditation of Prior Learning (APL). Since the APL policy and fees are subject to review and changes by the CII, you should quickly
apply for the CII APL as and when you pass any of the modules from GI01 to GI11 at: www.cii.co.uk/pages/as/individualaccreditation.aspx
To help you pass your examinations and attain the CII Advanced Diploma in Insurance, SCI may offer revision courses (tutorial classes
- provided that there are suffi cient interested candidates to sustain the viability for each class) for 3 selected CII Advanced Diploma units
as follows:
(1) CII 945: Marketing (30 CII credits)
(2) CII 960: Advanced Underwriting (30 CII credits)
(3) CII 990: Insurance Corporate Management (30 CII credits)
However, you are free to choose other CII Advanced Diploma units to fulfi l the CII minimum completion requirements of 290 credits, with
at least 180 of these obtained at the CII Advanced Diploma level. From 1 January 2011, the completion requirements for the CII Advanced
Diploma level will be changed to 290 credits [minimum of 205 credits at the CII Diploma or Advanced Diploma level, with a minimum of 90
credits at the CII Advanced Diploma level; CII units P05 (Insurance Law) and P92 (Insurance Business and Finance) being compulsory - or
equivalent, where appropriate].
For other CII Advanced Diploma in Insurance units, please refer to:
www.cii.co.uk/generalinsurance/qualifi cations/Qualifi cation.aspxaward=AdvDip
CII Accreditation Awarded
The CII has awarded credits towards the ACII / FCII qualifications to the following DGIRM / ADGIRM modules:
SCI Module
CII Accreditation Awarded [Barred From Relevant CII Unit Examination (If Any) As Specified Below]
GI01
GI02
GI03
Non-unit specifi c
To be granted 20 CII non-unit specifi c credits at the CII
Certifi cate level upon successful examination completion of
all 3 modules and full payment of the CII accreditation fees
upon successful application.
GI04 Non-unit specifi c (With effect from 1 July 2010)
GI05
GI06
GI07
GI08
CII P05: Insurance Law
CII P80: Underwriting Practice
CII P92: Insurance Business and Finance
(With effect from 1 July 2010)
CII P93: Commercial Property and Business Interruption
(With effect from 1 January 2010)
To be granted the following credits at the CII Diploma level
upon successful examination completion and full payment of
the CII accreditation fees upon successful application:
20 CII credits each for GI04 & GI06
25 CII credits each for GI05, GI07, GI08 & GI09
GI09 CII P96: Liability Insurances (With effect from 1 January 2010)
GI10
GI11
CII 820: Claims Management (Non-Life)
(Available until 31 December 2010)
CII 530: Business and Economics
(With effect from 1 September 2010)
To be granted 30 CII credits each for GI10 & GI11 at the
CII Advanced Diploma level upon successful examination
completion and full payment of the CII accreditation fees upon
successful application.
CII P05 (Dip / Adv Dip) CII 510 (Adv Dip), CII 530 (Adv Dip) are compulsory units of the relevant CII examinations until October 2010 (last examination sitting).
However, in cases where candidates may have been granted exemptions by SCI for certain DGIRM / ADGIRM modules, The Chartered Insurance Institute (CII) may exercise its right to review
the merits of each case based on its prevailing Accreditation of Prior Learning (APL) policy.
Maximum Period For Completion
To obtain the SCI Advanced Diploma in General Insurance and Risk Management (modules GI01 to GI11), the candidate must pass all
11 modules of which 8 modules (GI04 to GI11) must be passed within 7 consecutive years. The qualifying period commences in the year
in which the fi rst module (GI04 to GI11) is passed or exempted.
Module passes or exemptions exceeding 7 consecutive years are considered outdated and will not count towards meeting the ADGIRM
requirements. Any candidate with outdated passes or exemptions is required to resit the examinations for the modules, in order for him or
her to count towards meeting the ADGIRM requirements.
Continuing Professional Development (CPD) Requirement
The holder of the respective designation [Dip SCI (GI & RM) or Adv Dip SCI (GI & RM)] must fulfi l a Continuing Professional Development
(CPD) requirement of 30 hours every 2 years. If the holder attains the designation in year 2011, the reporting period will be from year 2013
to year 2014. The CPD hours earned per reporting period must be from educational activities in acceptable subject matter areas (relating
to general insurance, reinsurance, risk management and regulatory changes or developments affecting the general insurance industry).
For a listing of the various CPD programmes conducted or endorsed by SCI, please refer to SCI website at: www.scicollege.org.sg/dgirm

SCI Diploma /
Advanced Diploma in
General Insurance and Risk
Management
(DGIRM / ADGIRM)
Accredited by CII
SCI + CII Subjects
Programme Description
The DGIRM / ADGIRM programme of the Singapore College of Insurance
(SCI) aims to provide candidates with an in-depth and comprehensive
technical knowledge of risks and insurance, insurance principles, products,
underwriting principles and practice, claims management, insurance company
operations, legal aspects of insurance, as well as business and economics.
It comprises a total of 11 modules from the Certifi cate level to the Advanced
Diploma level, as specifi ed in the Qualifi cation Framework below.
Qualifications Awarded Upon Successful Completion
GI01: Basic Insurance
Concepts and
Principles (BCP)
GI02: Personal General
Insurance (PGI)
GI03: Commercial General
Insurance (ComGI)
Certifi cate in Personal General Insurance
(Cert PGI) AND
Certifi cate in Commercial General
Insurance (Cert ComGI)
Provides a solid grounding in basic insurance
principles, concepts and marketing practices.
Also provides foundational knowledge of
personal and commercial general insurance
products.
Advanced
Certifi cate
in General
Insurance
and Risk
Management
(Adv Cert
SCI)
Diploma
in General
Insurance
and Risk
Management
Advanced
Diploma
in General
GI04: Risk and Insurance
GI05: Legal Aspects of
Insurance
Provides solid grounding in basic insurance concepts and
principles, general insurance products, and a good understanding
in general insurance industry practices, risk and insurance, and
the laws and regulations governing the general insurance industry.
(DGIRM)
Insurance
and Risk
Management
(ADGIRM)
CII Advanced
Diploma in
Insurance
(ACII)
GI06: Underwriting Practice
GI07: Insurance Company
Operations
Provides broad-based knowledge on general Insurance industry
practices, from company operations to underwriting practices.
GI08: Commercial Property
Underwriting
GI09: Commercial Liability
Underwriting
Develops sound technical underwriting knowledge and skills in all
classes of general insurance, as well as provides practical insights
into claims management function.
GI10: Claims Management
GI11: Business and
Economics
CII 945: Marketing
CII 960: Advanced
Underwriting
This is the “professional” qualifi cation awarded to experienced and
expert market practitioners.
CII 990: Insurance Corporate
Management
Qualification Framework
The qualifi cation framework has been designed to deliver the following benefi ts:
• Progressive qualifi cation structure building on existing knowledge at each
level
• Industry recognised designations awarded upon successful completion
• Portability of qualifi cations upon achievement
• Supporting competence and compliance activity
• Knowledge gained applicable to local context
• Facilitating lifelong learning to upgrade knowledge and skills, and to enhance
professional competency
Sequence Of Examination Attempts
Before attempting the SCI DGIRM / ADGIRM examination, you must fi rst
successfully complete the SCI Certifi cate in General Insurance (CGI)
examination by obtaining passes in BCP-GI01, PGI-GI02 and ComGI-GI03,
unless exempted as specifi ed.
Subject to the Examination Schedule, you may attempt the examinations of
modules GI04 to GI11 in any order of preference.
Qualification Awards
As progress is made upon completion of each
module, a notifi cation of examination results
in the form of a Result Slip will be issued two
months from the date of the last examination. SCI
will send the candidate’s Result Slip by registered
post to the mailing address.
Upon successful completion of the examination
modules, you will be entitled to use the respective
designation as follows:-
• GI01 to GI05 - Adv Cert SCI (GI & RM)
• GI01 to GI07 - Dip SCI (GI & RM)
• GI01 to GI11 - Adv Dip SCI (GI & RM)
To maintain the respective designation Dip SCI
(GI & RM) / Adv Dip SCI (GI & RM), you will have
to meet the Continuing Professional Development
(CPD) requirement.

Singapore College of Insurance
9 Temasek Boulevard, #14-01/02/03 Suntec Tower Two, Singapore 038989
Tel: (65) 6221 2336 | Fax: (65) 6220 6684
E-mail: talk2us@scidomain.org.sg | Website: www.scicollege.org.sg
An Initiative by SCI
About Singapore College of Insurance
Singapore’s leading insurance and financial services training and professional
education provider
The Singapore College of Insurance (SCI) is a notfor-profit,
industry-based training and professional
education provider that was established in 1974
to support Singapore’s development as a major
international financial centre. For over three decades,
SCI has earned a strong international reputation for its
comprehensive suite of high quality, industry-relevant
training and education programmes that cater to the
learning needs of industry professionals from all across
Asia in its core fields of Insurance, Risk Management,
Financial Services and Wealth Management.
www.scicollege.org.sg
Raising
Standards
Nurturing
talent