The Association’s examinations are open to all who wish to take them, provided they have a bona fide interest in marine insurance or the marine industry in general.  Examination Candidates are expected to show their support for the aims of the Association by becoming Annual Subscribers.

The examinations required for the categories of membership are as follows:

ASSOCIATE

Module 1:	The Marine Insurance Act 1906 and related principles of insurance.
Module 2:	Hull and Cargo claims.

These modules can be taken in any order and the pass mark is 60% per paper with a distinction being awarded for 80%. The papers are of 2½ hours duration. Specimen papers and a list of topics for each examination are now available for downloading from this page. Roughly 75% of the Module 2 will be related to Hull and Machinery claims, with the emphasis on the standard clauses and claims for damage repairs; only an outline knowledge of general average is required.
Copies of the papers set for Modules 1 & 2 in April 2008 can be downloaded from this page; other sample questions may also be downloaded.

FELLOW

Module 3:	General Average, Salvage and Carriage of Goods by Sea
Module 4:	Hull Claims, including Loss of Hire
Module 5:	Collision liabilities, ancillary insurances on ships, cargo claims and miscellaneous
Module 6:	Practical Adjustments

These modules require a detailed knowledge of their subjects and the pass mark is 75%. The papers for Modules 3, 4, and 5 are of 3 hours duration. The Practical Adjustment paper lasts 5 hours and texts of the York Antwerp Rules and standard clauses etc are provided.  Modules 4 and 5 cover wholly or in part elements of module 2, but at a more advanced level.

Modules 1 and 2 may be sat in March/April and October of each year but Modules 3/6 may only be sat in March/April.
Further information can be obtained from the Convenor of the Examination Committee:
David Pannell [pannellandcompany@hotmail.com]

EXAMINATIONS 2013

The examinations of the Association of Average Adjusters are held in March and October each year.

Dates

On Wednesdayuring 30 October 2013 candidates will be able to sit Modules 1 and 2 for the Associateship qualification. (The Fellowship Modules 3, 4, 5 and 6 are not available in October.)

Examination Venues

Arrangements will be made for candidates based in the UK to sit the examinations in London and Liverpool.  Arrangements will also be made for overseas candidates to sit the examinations in Athens, Hong Kong and Singapore. 

Exam centres in other major world centres can be arranged but candidates will be asked to pay these exam centres’ local charges in addition to the examination fees (see below).

Examination fees

The fees for the examinations will be as follows:

Candidates sitting the examinations in the UK:   GBP 175.00 per Module (plus VAT). 

Candidates sitting the examinations in overseas centres:  GBP 275.00 per Module (or USD equivalent).

Note:  All candidates are required to be, or become, Subscribers to the Association at an annual cost of GBP 65.00 plus VAT (UK subscription) or GBP 60.00 (overseas subscription).  

Applications

Candidates wishing to sit any of the Modules in October 2013 should apply by the deadline of Friday 16 August 2013.

All prospective candidates are requested to contact the Association’s examinations co-ordinator, as follows:

David M Pannell, Association of Average Adjusters,
52 Harvey Road,  Guildford GU1 3LU,  United Kingdom.  
Telephone +44 1483 566 533     Email:  pannellandcompany@hotmail.com

The relevant forms 1A and 1B may be downloaded from this site.