Definition: Chartered Insurance Professional (CIP) - This is a professional who has passed a comprehensive insurance professional examination and is licensed by the Royal Society for the Prevention of Accidents in 1987. The term ‘CIP’ means that the person is experienced, qualified and has the necessary skills to carry out high-level work as an Insurance Professional. Definition of Chartered Insurance Professional (CIP): CIPs are professionals who have passed a comprehensive insurance professional examination and are licensed by the Royal Society for the Prevention of Accidents in 1987. They must be experienced, qualified and have the necessary skills to carry out high-level work as an Insurance Professional. A chartered insurance professional is a person who has successfully completed an Insurance Professional Examination and has been given a specific license number from the Royal Society for the Prevention of Accidents. This means that they are considered to be fully qualified and competent in their field, and can handle complex claims and negotiations on behalf of clients.
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