Monday, 05th Mar 2018
On 26th February 2018 the Institute hosted an Apprenticeship Workshop in conjunction with Pearson, an apprenticeship partner. We were pleased to welcome training managers from several loss adjusting employers including Cunningham Lindsey, Crawford & Company, QuestGates, Davies, Woodgate & Clark, Vericlaim, Harris Balcombe and IAS.
The purpose of the workshop was to explain how the new apprenticeship framework operates and how loss adjusting employers can tap into apprenticeship funding. Everyone was enthusiastic about growing talent within our profession and so we look forward to meeting and working with our loss adjusting apprentices of the future.
What is the new apprenticeship framework?
Apprenticeships in the UK have undergone series of reforms with new standards being developed by employer groups called Trailblazers. Funding arrangements have also changed and from 6th April 2017 employers with an annual pay bill of more than £3 million have been required to pay an apprenticeship levy.
Apprenticeships for the loss adjusting profession
The Institute and some loss adjusting employers were part of the Insurance Trailblazer group and so CILA qualifications have been recognised as one of the options for completion of the insurance apprenticeships. The approved insurance apprenticeships are:
- Insurance Practitioner (Level 3) – supported by Cert CILA
- Insurance Professional (Level 4) – supported by Dip CILA
- Insurance Senior Professional (Level 6) – supported by Adv Dip CILA
Want to find out more?
The apprenticeship partner, Pearson, has kindly provided us with two, easy to digest brochures which explain the apprenticeship levy and answer some common employer questions.
The UK government website also provides extensive information on apprenticeships: