How can Insurance Producers become an Accredited Advisor in Insurance (AAI)?
Accredited Advisor in Insurance (AAI) is a title earned by insurance producers after completion of a course and series of examinations. The courses, as well as the examination, is conducted by the Insurance Institute of America. Completion of the entire course takes about 9-15 months for an insurance agent.
After the completion of the course, insurance producers are able to demonstrate professional competency. They are also able to retain more clients and increase their earnings. The overall course adds value to an insurance agent’s role. This helps them attain their career goals.
The Insurance Institute of America requires insurance producers to complete the following courses to become AAI Designated Agents:
- AAI 81 Foundations of Insurance Production
- 81 A Principles of Insurance
- 81 B Personal Lines
- 81 C Commercial Property
- AAI 82 Multiple-Lines Insurance Production
- 82 A Commercial Liability Insurance
- 82 B Other Commercial Insurance
- 82 C Specialized Commercial Lines
- AAI 83 Agency Operations and Sales Management
- 83 A Principles of agency Management
- 83 B Agency/ Company Relations
- 83 C Agency Financial Management
Moreover, to get an AAI designation you need to pass a 50-question exam on Ethical Guidelines for Insurance Professionals. Insurance Producers can choose one of the following courses:
- Ethics 311 Ethical Decision Making in Risk and Insurance
- Ethics 312 Ethical Guidelines for CPCUs
The above-stated courses of Accredited Advisor in Insurance (AAI) have multiple segments and topics in it. Insurance producers need to study all the above-stated topics in-depth to have a clear understanding of the insurance industry. Having deep knowledge about the industry helps agents to provide better solutions to their client’s insurance needs. Clients always want agents who can suggest specific policies for them. In this way, agents with AAI designation can become customer service focused agents.
Completion of all the courses and examinations along with the ethical requirement on time will enable insurance producers to earn the AAI designation.