The Management Liability Insurance Specialist (MLIS®) program
is composed of a specialized curriculum focused specifically on directors
and officers (D&O) liability, employment practices liability (EPL), and
fiduciary liability insurance.
Those who complete the program are then entitled to display the MLIS
certification to certify their knowledge of management liability insurance
and risk management. The program is designed specifically for retail
insurance agents and brokers and risk managers but will also be useful to
surplus lines brokers and underwriters.
To obtain the MLIS certification, you must complete the five core courses.
The entire curriculum is delivered online through a user-friendly
interface.
Once you have completed the required courses, your MLIS certification will
be active for a period of one year (12 months). During the 12 months
following your initial receipt of the MLIS certification and every 12
months thereafter, you will be required to obtain 6 hours of approved
professional and management liability insurance continuing education credit
to keep your credentials in good standing.
MLIS Establishes Credibility
Management liability exposures and coverages are quite
complex, and insurance generalists frequently make errors in designing
programs for their clients. Thus, IRMI developed the MLIS program in
response to concerns expressed by clients about the difficulty of
determining whether their insurance agents, brokers, and other risk
advisers have the specialized knowledge necessary to properly design and
arrange their insurance programs. Completing the MLIS curriculum will
ensure that the agent, broker, consultant, or in-house risk manager or
insurance buyer understands the most important aspects of professional and
management liability. The program also establishes the individual's
commitment to the industry with a mandatory continuing education component
focusing on professional and management liability insurance. When dealing
with a holder of the MLIS certification, a buyer will know that this person
possesses at least a basic-to-intermediate understanding of management
liability exposures, insurance, and risk management techniques and that the
person is making an effort to stay on top of relevant insurance industry
changes and trends.
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- Credibility
- With the MLIS certification behind your name, you make a
statement that you understand the complexities of D&O, EPL,
fiduciary, and many other professional liability risks and how to
insure them.
- More Sales
- Retail insurance agents and brokers will parlay their
work on the MLIS program into more sales of lucrative D&O, errors
and omissions (E&O), and professional liability insurance lines.
You will gain confidence, competence, and credibility.
- Reduce Errors
- Knowledge gained from the MLIS courses will help you
eliminate dangerous coverage gaps and provide better protection for
your clients.
- Career Advancement
- The specialized knowledge and credibility you gain from
the MLIS program will make you a more valuable employee and help you
achieve your career goals.
- CE Credit
- With MLIS, you can simultaneously get convenient state
insurance CE credit, add new capabilities to your skill set, and
obtain an insurance industry certification at a surprisingly low cost
and requiring no time away from the office!
Anyone who designs, sells, buys, litigates, or underwrites
D&O, fiduciary, or EPL insurance should consider taking the MLIS
program. You should strongly consider taking the MLIS continuing education
program if you are a:
- Retail insurance agent or broker
- Risk manager or insurance manager
- Risk and insurance consultant
Additionally, surplus lines brokers and management liability
underwriters, particularly those new to professional or management
liability insurance, may benefit from this educational
program.
Ten Percent Discount
As a member of the International Association of Insurance Professionals
(IAIP) or Risk and Insurance Management Society (RIMS), you qualify for a
10 percent discount off the course fee and, if you need it, insurance CE
fee. If you are an IAIP member, simply enter H268907 when asked for your
special promotion code upon checkout. And if you are a RIMS member, enter
B352233. All IAIP and RIMS orders will be checked against the membership
lists, so please do not claim one of the discounts unless it applies to
you. The MLIS program becomes even more economical if you bulk order the
courses. Discounts apply to orders of 50 or more courses. You can purchase
them on behalf of your colleagues or your clients. Insurers may wish to
purchase them as a benefit for their top agents. We can prepare custom
vouchers with your logo to use as gifts for your staff, preferred agents,
or clients at no additional cost! For more information, phone us toll free
at (800) 827-4242 (in Dallas 972-960-7693) and ask for IRMI Client
Services.
Meet the RIMS Fellows Requirements
Completing the MLIS Certification counts as 2 days of RIMS Fellow (RF)
workshop credits toward the RF designation. To receive credit, you must
send RIMS a copy of your MLIS Certificate that you receive after completing
all courses. Please send the copy to RIMS, Professional Development
Department, 1065 Avenue of the Americas, New York, NY 10018, or fax to
(212) 655-5929.