AIC Value Survey

Value Statements for the AIC Program

Survey completed by 731 respondents in August 2008

Why Earn the Associate in Claims (AIC) Designation?

Because:

• 80% of completers said the program was relevant to their industry

• 70% of completers said the program provided them with practical knowledge, while more than 75% said the program was valuable and applicable to their career.

• 91% of completers believe that earning the designation added to the value of their role at their company.

• 85% of completers attributed earning the designation with providing them with increased job opportunities.

• 78% of completers believe that gained greater job security during times of organizational consolidation and transition because they earned the designation.

• More than 70% of completers said earning the designation helped fast-track their career progression.

• 70% of completers felt earning the designation was important to gaining increased networking opportunities within their company, while more than 60% said it increased networking opportunities outside their company.

• 93% of completers believe earning the designation was important to demonstrating their professional competency.

• Almost 90% of completers credit earning the designation with gaining them professional recognition. In fact, 87% of completers said it helped them gain recognition from management.

• 93% of completers attribute the program with providing them with technical property and casualty insurance knowledge.

• 72% of completers believe earning the designation was integral to gaining a promotion, while 69% said it was key to gaining a salary increase.

• 72% of completers said earning the designation increased their opportunities within the same functional area, while more than 66% felt it increased their mobility into other functional areas.

• More than 20% of completers were promoted within six months or less from when they earned the AIC.

• More than 70% of completers were promoted within two years of earning the AIC.

• 84% of completers attribute a portion of their salary increase directly to earning the AIC designation.

• 73% of completers believe the program prepared them for their current job responsibilities, while more than 75% said it has prepared them for their long-term career goals.

• More than 50% of completers said they would strongly recommend Institutes’ courses to a colleague. In fact, more than 90% of all completers said they would recommend the Institutes.