The Australasian Institute of Chartered Loss Adjusters (AICLA) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have agreed a deal for ANZIIF to continue delivering the Diploma of Loss Adjusting course.

The previous five-year contract, which expired on June 30, was extended by three months to allow for further negotiations.

AICLA President Ian Lavin says ANZIIF’s strong standing in New Zealand and Asia is “vitally important”, as AICLA membership there is significant.

CEO Tony Libke says the new arrangement will start in January and will ensure the diploma remains attractive in Asia, where the high Australian dollar has affected recent registrations.

“AICLA has commissioned an extensive review of the training needs for loss adjusters, including those first entering the profession, and the results [showed] the Diploma of Loss Adjusting was meeting the needs of practitioners,” he said.

ANZIIF CEO Joan Fitzpatrick says the diploma was recently updated and re-accredited under the Australian Qualifications Framework.

The institutes have been partners in the development and delivery of loss adjusting courses since 1997.