News Middle East20 Feb 2025

Middle East:CII accords Approved Professional Development Centre status to Chedid Capital's education arm

| 20 Feb 2025

Corporate Risk Management Institute (CRMI), the educational arm of Chedid Capital, a leading insurance and reinsurance investment group, has been awarded Approved Professional Development Centre (APCD) accreditation by the reputed UK-headquartered Chartered Insurance Institute (CII).

The collaboration aims to deliver a comprehensive CII-accredited programme for insurance and reinsurance professionals in Lebanon, Qatar and the UAE which will be delivered through CRMI CII-accredited training centres, according to a media statement posted on the website of Chedid Capital.

The programme starts with six CII preparatory courses covering foundational industry knowledge, as well as more specialised and advanced areas, covering legislation, reinsurance, and underwriting, among others. The accredited programme offers participants the flexibility to register for individual courses or pursue a full diploma path, with options for both in-person and online formats.

Ms Gaenor Jones, regional director of the CII Middle East, said, “Our aim is to boost professional standards across the region, and through effective collaborations with prominent organisations like Chedid Capital and CRMI who boast a significant foothold here, we are able to make strides in ensuring the highest levels of training and qualifications attainment for the insurance sector’s workforce.”

Approved Professional Development Centres (APDCs) are the CII’s official recognition that an organisation’s training provision meets robust criteria that are aligned with the CII’s high standards of Professionalism and Quality. Every APDC must ensure up-to-date teaching materials, effective evaluation of teaching and robust management systems as well as student support services

Mr Ali Jibai, a member of the CRMI’s executive committee, said, “Between a highly volatile region and an ever-demanding global insurance market, there is a great need among Middle East professionals to future-proof their career and organisations by upskilling themselves and gaining internationally recognised qualifications. Ultimately, it is about building business and economic sustainability on solid educational foundations in the insurance sector.”

CRMI was established in 2019 as a partnership between Chedid Capital and London’s Institute of Risk Management. 

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