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ACP Designation Requirements

To download the ACP Enrollment Form (.pdf copy), click here.
To download the ACP Enrollment Form (MS Word copy), click here.

Once the basic requirements of five (5) years* insurance and three (3) years compliance experience eligibility have been met, the successful completion of courses in the Life and Annuity, Health or Property & Casualty concentrations need to be met for the ACP designation.

The five years requirement is defined as a member in good standing and employed and/or affiliated with the insurance industry. Examples of acceptable affiliations could be as an intern with an insurance company and/or an employee of a service provider that specializes in insurance compliance solutions.

To meet the three (3) years compliance experience requirement, consideration will be given for individuals who have at least three (3) years compliance experience in a business unit (ie — Underwriting, Claims, Actuarial, etc.) if the job responsibilities require a working knowledge and application of compliance principles.


Ethics Requirement — Complete one of the following:

Life and Annuity Concentration (3 Required)

  1. Complete one of the following:

    • LOMA 281 — Meeting the Customer Needs with Insurance & Annuities
    • AAPA 283 — Annuity Principals and Products (Retired as of 12/31/2015)*
    • HS 323 — Individual Life Insurance (The American College)
    • AFE1 — Life & Health Insurance Fundamentals (SOFE)
    • Both NAIC Introduction to the Insurance Industry and its Regulation and NAIC Foundations of Insurance Reg.
    • AICP Compliance 101 (Offered September 2018)
  2. Complete LOMA 290 — Insurance Company Operations or 291 — Improving the Bottom Line: Insurance Company Operation

  3. Complete one of the following:

    • LOMA 311 — Business Law for Financial Services Professionals or HS 324 Life Insurance Law
    • LOMA 301 — Insurance Administrations
    • LOMA 335 — Operational Excellence in Financial Services
    • LOMA 361 — Accounting & Financial Reporting in Life Insurance Companies
    • Either NAIC Regulation of Insurance Products or NAIC Core Legal
    • SRI 121 — Retirement Savings and Investments (LOMA)
    • SRI 131 — Planning for a Secure Retirement (LOMA)

Property and Casualty (3 Required)

  1. Complete one of the following:

    • AINS 21 — Property and Liability Insurance Principles (The Institutes)
      (May be replaced with IR 201 — Insurance Regulation for those with a CPCU designation)
    • AAI 81 — Foundations of Insurance Production (The Institutes)
    • AINS 24 — General Insurance for IT and Support Professionals (The Institutes)
    • AICP Compliance 101 (Offered September 2018)
  2. Complete one of the following:

    • CPCU 500 — Foundations of Risk Management and Insurance. (The Institutes)
    • AIDA 182 — Risk and Insurance Analysis Techniques (The Institutes)
    • ARM 54 — Risk Management Principles and Practices (The Institutes)
    • CRM — Principals of Risk Management (The National Alliance for Insurance Education and Research)
    • Practice and Procedures in Workers' Compensation #416 (American Education Institute)
    • AICP Ratemaking Course- What the State Filer Needs to Know
    • AIT 131 — Essentials of Information Technology (The Institutes)
    • IDMA 1 - Insurance Data Collection and Reporting (Insurance Data Management Association)
  3. Complete one of the following:

    • IR 201 — Insurance Regulation (The Institutes)
    • CPCU 520 — Insurance Operations (The Institutes)
    • AFE 2 — Property and Liability Fundamentals (SOFE)
    • ANFI 205 National Flood Insurance: Fundamentals (The Institutes)
    • Registered Workers Compensation Specialist (National Registry of Workers Compensation Professionals)
    • AIC 30 — Claim Handling Principles and Practices (The Institutes)
    • AIC 44 — Workers’ Compensation Claim Practices (The Institutes)
    • APA 91 — Principles of Premium Accounting (The Institutes)
    • ASLI 163 — Surplus Lines Insurance Operations (The Institutes)
    • Cyber 301 — Managing Cyber Risk (The Institutes)

Health Concentration (3 Required)

  1. Complete one of the following:

    • AHIP Fundamentals of Health Insurance Part A
    • LOMA 281 — Meeting the Customer Needs with Insurance & Annuities
    • HS 313 — Individual Health Insurance (The American College)
    • AFE1 — Life & Health Insurance Fundamentals (SOFE)
    • Both NAIC Introduction to the Insurance Industry and its Regulation and NAIC Foundations of Insurance Reg.
    • AICP Compliance 101 (Offered September 2018)
  2. Complete one of the following:

    • AHIP Fundamentals of Health Insurance Part B
    • LOMA 290 —Insurance Company Operations, or 291 — Improving the Botton Line:Insurance Company Operations
    • Either C2 — Life & Health Insurance Law (ALHC), or AHIP Fraud Part 1
  3. Complete one of the following:

    • LOMA 311 — Business Law for Financial Services Professionals
    • C1 — Med Aspects of Claims (ALHC)
    • C2 — Life & Health Ins. Law (ALHC)
    • AHIP Fraud Part 1
    • AHM 510 — Governance & Regulation (AHIP)
    • Either NAIC — Regulation of Insurance Products, or NAIC Core Legal

*Note: Under the CPCU 10-part program, CPCU 500 (previously CPCU 510) was CPCU 1, and CPCU 520 was CPCU 5. Both courses will waive the respective requirements. Also, any CPCU completers under the 5-part program (prior to 1994) meet the requirements of CPCU 500 (previously CPCU 510)  and CPCU 520. CPCU 500 replaced CPCU 510 starting 3/15/2011. Those completing CPCU 510 prior to 3/15/2011 may use it to satisfy the requirements of the ACP designation.

Any course which has been retired may still be applied towards a designation.

The Institutes will grant exam credits for an Institutes program if the candidate has earned a Professional Designation or Advanced or Graduate Degree.   Refer to The Institutes' Waiver Request Form for further information.

The courses above are offered through American College, AICP, The Institutes, AHIP, ICA, LOMA, IRES, NAIC, AND SOFE. For more information regarding these organizations, please see below

Organizations

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