The programme covers insurance knowledge broadly, starting from the explanation of the market and the very important insurance principles governing insurance operations.
Furthermore, the programme delves into the various classes that are typically provided by insurers as well as an outline of insurance processes typically, underwriting and claims and regulatory frameworks.
This qualification is designed for those involved in insurance intermediary activities specifically in introducing, proposing or carrying out other work in the administration and performance of such contracts.
At the end of the programme the participant would have acquired adequate knowledge to be able to work in an insurance environment.
The programme seeks to equip the participant with the general facts, principles and concepts of insurance and should enable the participant to explain insurance products to prospective clients without assistance.
Lectures will be held from 5.30 – 7.00 pm on the following dates:
| Month | Date |
| June | 6th, 9th, 13th, 16th, 20th, 23rd |
| July | 4th, 7th, 11th, 14th, 18th 21st |
| August | 1st, 4th, 8th, 11th |
Exam will be held from 5.30 – 7.00 pm on Monday 21st August 2023.
The course consists of 24 contact hours, 16 sessions each of 1.5 hours duration (17:30 – 19:00 CET). A further 25 hours of self-study are required.
‘O’ Level standard of education (MQF Level 3).
This course is suitable for those acting or intending to act as an insurance intermediary for the purpose of pursuing insurance intermediaries’ activities including the provision of services ancillary to other business of insurance as may be prescribed. Also, it is suitable for those who wish to acquire a basic understanding of insurance products, processes and regulation. Therefore, it is also suitable for those wishing to join the insurance industry and those who are already in employ but are new to insurance operations.
There will be 1 examination session of 1.5 hours duration, during which candidates will be expected to answer 50 Multiple-Choice questions. The pass mark is set at 55%.
There will be 1 examination session of 1.5 hours duration, during which candidates will be expected to answer 50 Multiple-Choice questions. The pass mark is set at 55%.
The programme will assist in the career of those who aspire to work in the insurance industry, those who have joined insurance industry and those who already have some work experience but wish to receive formal insurance training. It is also suitable to those who wish to obtain a TII licence and those who wish to commence their insurance studies, possibly to take on further studies in the future.
Total Learning Hours
Full course: 24 hours
Hours include contact hours, supervised practice hours, self-study hours and assesment hours.
Andre Farrugia commenced his professional career working in the insurance industry and since then, he ventured into education and training. He has achieved the Fellowship of the Chartered Insurance Institute (FCII-UK) and later another Fellowship with the Institute of Risk Management (FIRM-UK). Lately, Andre has completed an Msc in Risk Management with the Glasgow-based University of Caledonian and is currently pursuing a PhD.
During his professional career, Andre has contributed to the industry by way of publishing articles, technical write ups and through a variety of career talks and technical seminars.
Andre was a member on the board for the setting up of the National Vocational Qualifications in Malta and is currently a Board member on the Malta Education Consultative Council, outgoing President of the Malta Insurance Institute and represents Malta within the European Forum of the National Institutes for Professional Insurance Institutes and on the Board of EFICERT.
He has delivered various lectures and talks in Malta and Overseas namely; the Chamber of Commerce, MCAST, the University of Malta, the Foundation of International Studies and conducted training in Kosovo, Dubai and Ghana.
Tonia joined a local bank in 1985. Initially pursuing banking studies, she steered her career path by focusing on life insurance studies, anticipating the opportunities that would become available with the introduction of bancassurance. She spent 13 years within the Bancassurance section of the bank, eventually taking over the organisation and delivery of training programmes leading to the licensing of bancassurance authorised representatives. The role entailed acting as a bancassurance ambassador for the bank, through media interviews and delivery of Investor Education Programmes. Following a short term deployment as a branch manager, she was selected to lead the bank’s Customer Issues Unit. She currently leads the bank’s Bancassurance Unit.
Mark was an ex-MITC student from the beginning to the end, obtaining his ACII including International Diploma in Information Technology (I.T.) and a Post Graduate Diploma in Management from the University of Malta.
He began his career in the insurance industry in 1997 with Formosa and Camilleri Ltd (now Atlas Insurance PCC), where he handled motor claims for two years before moving to the motor underwriting department with Gasan Insurance (now GasanMamo Insurance), where he was promoted to Personal lines Underwriter until 2005.
Mark began his career as a broker, working for Island Insurance and Firstunited Insurance Brokers (now merged as Antes Insurance Brokers) until 2009, before he joined Allcare Insurance Brokers Ltd as an Assistant Manager.
He joined MIB Insurance Brokers in 2014 as a Divisional Director of the corporate clients division where he worked for 8 years until moving forward to his present position as Commercial Manager at National Insurance Brokers Ltd.
