1 Experience Sharing of Accreditation Criteria Stanley Ng from ING Life.

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Presentation transcript:

1 Experience Sharing of Accreditation Criteria Stanley Ng from ING Life

2 Agenda 1.Background and Requirement for Continuing Professional Development Program in insurance industry 2.Impacts and Benefits to insurance industry 3.Experience sharing

3 Background Past years: Quality of insurance intermediary?? 50,000 intermediaries (1999)  34,000 intermediaries (Sep 2000) Insurance Intermediaries Qualifying Examination

4 Background Continuing Professional Development Program (CPD) Jan 1, 02 Jul 31, 05 Jul 31, 06

5 Requirement From 2002 to 2005: 5 core credits and 10 non-core credits From 2005 onwards: 10 CPD hours

6 Impacts Participation in training course / seminar Number of quality assured training course / seminar by different parties Resources

7 Benefits P ublic confidence L ife-long learning E steem A dvice S kill, Knowledge, & Attitude E ducation to public

8 Experience Sharing Before accreditation During accreditation After accreditation: Re-accreditation Tips Difficulties

9 Before accreditation Turnaround time: 4 weeks Documents: –Application form –Lesson Plan –Training materials: PowerPoint, Notes, Handouts, etc –Assessment

10 Before accreditation Documents: –Instructor list –Quality assurance mechanism –Evaluation form and observer form sample –Training schedule for approval period –Information for participants

11 During accreditation Update training schedule if there is any change –Date –Time –Venue HKCAA audit

12 After accreditation: Re- accreditation Turnaround time: 4 weeks Documents: –Application form for re-accreditation –Training materials (with changes only): PowerPoint, Notes, Handouts, etc –Updated instructor list –Evaluation form and observer form summary –Training schedule for approval period –Information for participants

13 Tips for seeking accreditation Face-to-face activities only Exclude break time and assessment time Assessment is important Qualification of instructors should be shown

14 Tips for seeking accreditation Follow up participants’ feedback Registration should be in order Update training schedule and inform HKCAA if needed

15 Difficulties Boss Intermediaries Certified instructor: Educational background

16 Experience Sharing of Accreditation Criteria Stanley Ng from ING Life