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How Do I Obtain Associate in Reinsurance (ARe)?

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Term Of The Day – Associate in Reinsurance (ARe)

The Associate in Reinsurance designation generates little discussion in the Workers Comp world.  Without reinsurance some self insured employers would find themselves in deep trouble.   One of the most misunderstood areas of insurance is reinsurance. More than one Workers Compensation insurance carrier has failed by not properly securing reinsurance or not properly or untimely reporting the risk of the large claims to the reinsurer.

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 The core courses are:

ARe 143 – Primary Insurance Coverages

 Personal Insurance Overview; Automobile Insurance and Society; Personal Auto Policy: Liability, Medical Payments, and Uninsured Motorist Coverage; Personal Auto Policy: Physical Damage, Duties After an Accident, Endorsements, and General Provisions; Homeowners Property Coverage; Homeowners Liability Coverage and Personal Umbrella Coverage; Overview of Commercial Insurance and Commercial Property Insurance; Commercial Property Insurance; Business Income Insurance; Inland and Ocean Marine Insurance; Commercial General Liability Insurance; Commercial Auto Insurance; Workers Compensation and Employers Liability Insurance; and Miscellaneous Commercial Coverages

ARe 144 – Reinsurance Principles and Practices

 Introduction to Reinsurance, Types of Reinsurance and Reinsurance Program Design, The Reinsurance Placement Process, Common Reinsurance Treaty Clauses, Quota Share Treaties, Surplus Share Treaties, Property Per Risk Excess of Loss Treaties, Casualty Excess of Loss Treaties, Catastrophe Reinsurance, Aggregate Excess of Loss Treaties, Reinsurance Audits, Reinsurance Regulation, Reinsurance Aspects of the NAIC Annual Statement, and Reserves.

ARe 145 – Readings in Reinsurance Issues and Developments

 Students examine reinsurance topics from contemporary journals and periodicals.

As with most of the AICPCU designations, an Ethics course will be included in the future.

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James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications

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