IISA | Licentiateship (LIISA)

A Licentiate is a practicing professional who is capable of identifying client 's needs through a comprehensive risk analysis process and, with a general view, is capable of developing a risk management plan that will assist the client to mitigate, avoid or manage the identified insurance risks.

Academic

Insurance qualification at NQF Level 5 that has been approved by IISA or to be verified by IISA. The qualification must have the following subjects/modules which are mandatory knowledge areas for this designation:

Risk Management
Insurance Law for short term
Personal Insurance Practice
Commercial Insurance Practice

And two of the knowledge areas stated below:

Transportation
Specialist Insurance (Aviation, Marine, Construction and Engineering)
Claims Management
Motor Insurance

The following knowledge areas apply to the long term insurance stream:

Risk Management
Insurance Law for long term
Life Underwriting
Life Claims
Health Insurance
Business Life Insurance

And two of the knowledge areas stated below:

Transportation
Specialist Insurance (Aviation, Marine, Construction and Engineering)
Claims Management
Motor Insurance

Insurance Industry Experience

The individual must have practised within the insurance industry or financial services in the SADC region for at least one-year post obtaining their insurance qualification.