Maintain CIP

To maintain CIP status you are required to continue a program of professional development to earn 25 CIP point each year, keeping records of activities completed and points accrued in case your are selected for audit.

The currency of your CIP status is acknowledged with a CIP update sticker issued for you to place on your CIP certificate.

Earning CIP Points

The CIP program allows for flexibility in professional development

You can plan an education program that is relevant to your own career progression to gain CIP points.

Your CIP points can be earned from a mix of insurance and non-insurance activities that are relevant to your career/professional development. Activities may be as diverse as computer training, public speaking, industry conferences, insurance law update seminars and business ethics programs; however, from 2005, you will need to ensure that 15 of your 25 annual CIP points relate to your area of technical specialisation e.g. insurance/finance related continuing education activities.

Professional development activities undertaken 'in house' are eligible for CIP points, provided the training adds value to how you undertake your job rather than being part of your day-to-day work activities.

Remember, points may be allocated to continuing education activities offered by the Institute or any other provider.

A schedule outlining the types of different continuing education and service activities and the CIP points they earn is provided here. Applicable CIP points are noted for each activity. Points are allocated according to rigour and duration of an activity, usually 1 hour PD equates to 1 CIP point.

The activity schedule is a guide to building a program of continuing education and self-allocation of CIP points.

For assistance in allocating CIP points to an activity or to confirm the eligibility of an activity not covered in the list, contact the Institute's Membership Manager by email, telephoning (+61 3) 9613 7200 or faxing (+61 3) 9613 7299.

Recording CIP points

Each member should maintain a CIP log of all activities undertaken in any given period.

Each Institute CIP can access a personalised online CIP record.

The CIP Record automatically records details and allocates CIP points to any online activity undertaken through ANZIIF InSITE PD which allows CIPs to manually enter details of other activities undertaken with the Institute and other providers. The CIP value of these activities will then also be represented through your CIP Record, a convenient method of recording and keeping a tally of CIP points you have earned.

If you choose not to use the online record, your CIP log should contain the following information for the following suggested activity types.

1. Attendance at seminars, conferences and training courses
   • date(s) of activity
   • description of activity
   • organiser/provider
   • location of activity
   • duration (hours) of activity
   • CIP points earned.
     
     
2. Reading of literature relevant to one's occupation
   • name of journal or technical publication
   • publisher
   • volume/edition
   • title of article or articles read
   • time spent in purposeful reading
   • CIP points earned.
     
     
3. Submitting and having a learned article published
   • name of the journal or technical publication
   • publisher
   • volume or edition in which the article was published
   • title of published article
   • CIP points earned.
     
     
4. Preparation for and delivery of lectures and presentations for conferences, seminars, training programs and briefing sessions
   • the event at which the lecture/presentation was made
   • the topic of the presentation
   • time spent in researching, developing and delivering the presentation material
   • CIP points earned.
     
     
5. Service
   • nature of the service provided
   • duration of involvement
   • CIP points.

Click here to download a suggested template in Microsoft Excel and saved onto your own computer to assist you in recording your activities.

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