Laura Grant, Claims Executive at UK P&I Club, discusses the recent changes to the P&IQ Exam and explains why it holds such merit for those entering the industry:
“Speaking as a claims handler who did not come from an insurance, marine or legal background, I can confirm that moving into a new field is more than a little daunting but it is also an exciting time in terms of learning something new and developing further skills.
“Enter the P&IQ… an absolute saviour! For a junior member of staff with little industry knowledge it’s like finding five pounds in an old jacket you had forgotten about. The material is filled with all the information needed to become a well-rounded and knowledgeable claims handler.
“The format of the P&IQ has changed recently and a multiple choice version is currently being rolled out, which will be completed electronically (great news for those of us getting repetitive strain injury from the three hour written exams).
“There are now eight modules to complete, with the first three having to be done in numerical order. Upon passing these three modules you will be awarded a P&IQ certificate. After passing the next four, you will get an Advanced Certificate and if you decide to go for module eight as well, you will be awarded a P&IQ Diploma.
“The move to electronic versions of the exams means that they are now open to not only the P&I Clubs, but our global network of correspondents too. This is fantastic news which allows our correspondents access to the same training.”