The Insurance Institute of Canada is the premier professional education body for the property and casualty insurance industry. Its membership of over 40,000 includes over 18,000 active students in its formal programs.
As part of our Chartered Insurance Professional (CIP) designation program, we provide fraud prevention education, namely our C39 Fraud Awareness and Prevention course. CIPs help maintain the high standards of the industry and can be found in many industry roles including brokers, underwriters and claims adjusters. They work to provide a better insurance experience for Canadians who depend on quality insurance service.
The C39 Fraud Awareness and Prevention course approaches the topic of fraud as it relates to the insurance industry. This course helps students understand an interesting and crucial part of insurance, which is the prevalence of fraud. The study of insurance fraud is important for all insurance professionals as it cuts to the heart of what is fundamental in the insurance contract—conducting business with utmost good faith.
Some of the highlights of the Fraud Awareness and Prevention course include fraud management at the point of sale, after a policy has been issued, and during a claim. Topics also cover strategies of protection, detection, investigation and deterrence.