LMI College offers two levels of compliance within Australian Securities and Investments Commission Regulatory Guide 146 (ASIC RG146) for financial services professionals.
This module covers the knowledge and skills, required to meet ASIC RG146 Tier 1 Insurance Broking.
Designed for brokers handling SME business, the course is broken down into three (3) learning modules. Exemptions may apply to some of these modules if recognition of prior learning has been assessed through a pre-gap assessment test. The last two modules focus on the formative technical training required to operate as an insurance broker, including the importance of gathering information about the risk, risk exposure and risk assessment, generic product knowledge – traps and pitfalls of policy wordings, placement of risk.
This short course comprises nationally recognised units of competency which contribute to partial completion of FNS51220 Diploma of Insurance Broking.
This short course covers the knowledge and skills, required to meet ASIC RG146 Tier 2 General Insurance requirements. This course comprises nationally recognised units of competency.
The course is designed for those working in the general insurance sector or in a general insurance broking environment who provide advice on retail products.
Students who have experience working with retail products are provided the opportunity to demonstrate their knowledge and skills prior to commencement of the coursework through a gap assessment test.