Courses Offered

As a member of the Association of African Insurance Educators and Trainers (AAIET) – WAII promotes practical training programmes for Middle Level Managers of Insurance Institutions in the West African sub-region.

However due to its achievements in these arrears in three decades and its potentials to provide the much needed human resources development and training at all levels of management, the Institute has been refocused to provide training programmes that would meet the changing business needs of the Insurance Market in the sub-region.

Insurance Foundation Course (IFC)

This programme is designed as stand-alone qualification in Insurance.  It is the first step for anyone who is entering insurance without any insurance background or prerequisite qualification for entry into the WAII One-Year Diploma Programme inBanjul, The Gambia.  The IFC consists of the following courses:

  • FC01:             –           Insurance, the Market, Legal and Regulatory Background
  • FC02:                         Communication Skills
  • FC03:             –           Introduction to General Insurance Business
  • FC04               –           Introduction to Life Assurance Business
  • FC05               –           Insurance Marketing and Agency Management
  • FC06               –           Quantitative Methods

The Course is currently being run in Nigeria, Ghana, Sierra Leone, Liberia and The Gambia.  The Programme is for three months and successful candidates are awarded IFC Certificate.  The fee is US$600, covering tuition and course materials only.

One Year Diploma Programme

This is a step beyond the IFC.  It is One Year Full-Time Residential Course in Banjul, The Gambia.  The programme is designed on two-semester basis to cover technical (TC) Management (MC) and General Courses (GC) as well a project works in chosen areas of Insurance Studies.  The subjects on semester basis are as follow:

1STSEMESTER2ND SEMESTER
GC: 101Business Ethics & Environment GC: 201Research Methodology
GC: 102Business Law and Insurance GC: 202Introduction to Takaful Insurance
TC: 103Basic Principles of Insurance TC: 203Motor Insurance
TC: 104Risk Management TC: 204Liability & Personal & Insurances
TC: 105Health InsuranceTC: 205Special Risks Insurance & World Trade
TC: 106Life Assurance Practice & Taxation TC: 206Property & Pecuniary Insurance
TC: 107Financial Aspects of Long term Business and InvestmentTC: 207Principles & Practice of Reinsurance
TC: 108Pension Planning and AdministrationTC: 208Agriculture Insurance
MC: 109Risk, Regulations and Capital AdequacyMC: 209Principles & Practice of Management in Insurance
MC: 110Accounting and Finance for Managers in InsuranceMC: 210Insurance Marketing, Broking & Agency Management
PW/GC: 201Project Work

This Programme is for a period of ONE YEAR starting in January.  The fee is US$8500 including Tuition, Feeding, Accommodation, Course Materials and personal allowance.  The programme is run at the main campus in Banjul, The Gambia.

 Short Term Courses 

These are in-house training programmes designed for organisations on demand.  Short Term courses are arranged as follows:

STC: 01Life Assurance Product Development and Marketing Programme
STC: 02The Art of Insurance Marketing
STC: 03Bond and Credit Insurance Underwriting
STC: 04Reinsurance Accents
STC: 05Risk Management Course
STC: 06Insurance Accounting Course
STC: 07Insurance Management Course
STC: 08Marine Cargo Insurance Programmes
STC: 09Insurance Agency Management Course
STC: 10Agricultural Insurance Course

Each of these programmes is for one-week duration and the fee is US$200

Advanced Certificate Of Insurance Practice

The following courses are offered:

  •  ACC: 01         General Insurance Business
  • ACC: 02         Life Assurance Businesses
  • ACC: 03         Reinsurance Business
  • ACC: 04         Insurance Brooking
  • ACC: 05         Professional Life Assurance Salesmanship
  • ACC: 06         Health Insurance
  • ACC: 07         Insurance Management

These programmes are for three months duration.

Other Courses

DIPLOMA COURSES (6 MONTHS)

The Diploma Programmes prepares participants directly for a career in business or to gain entry on to a range of professional qualifications and university courses.  The programmes also enables students to appreciate the basic theoretical issues involved in the study of business enterprise and a range of other related skills, which enhances their productive value to their prospective or respective employers or organisations.

The Institute has commenced with the running of a Diploma in Marketing Course in September, 2005.  The duration of the course is six (6) months and it is divided into two (2) semesters.  The subjects on semester basis are as follows:

1ST TERM2ND SEMESTER
DIM:01 – Principles & Practice of Marketing DIM:06 – Marketing Planning & Management
DIM:02 – Marketing Communication & Customer Care DIM:07 – Marketing Research
DIM:03 – Accounting Principles and Practices
DIM:08 – Principles & Practices of Management
DIM:04 – International & Legal Aspects of Marketing
DIM:09 – Quantitative Methods
DIM:05 – Insurance Marketing DIM:10 – Sales Management

Other major Diploma Courses scheduled to take off very soon are in the following:-

  •  DIIT              Diploma in Information Technology
  • DIFM             Diploma in Financial Management
  • DIM                Diploma in Purchasing & Resourcing
  • DIBF              Diploma in Banking and Finance
  • DIA                Diploma in Accounting
  • DIBT             Diploma in Business Tourism
  • DIBM            Diploma in Business Management
  • DIIA              Diploma in Investment Analysis

Entry Qualifications

  • W. A. S. S. E. Certificate or equivalent. – at least 5 credits including English with at least a pass in mathematics.
  • G. C. E. ‘0’ Level or equivalent.
  • Ø Any other qualification recognised by the Institute.