Certified Construction Risk and Insurance Professional (CCRIP)

The Certified Construction Risk and Insurance Professional (CCRIP) program is a prestigious certification designed to equip individuals with advanced knowledge and expertise in construction risk management and insurance practices. Construction projects involve a wide range of risks, and effective risk management and insurance strategies are essential for project success. Professionals with CCRIP certification are recognized for their mastery in identifying, assessing, and mitigating construction-related risks, as well as their ability to navigate complex insurance solutions.

Certification Learning Objectives:

Upon completing the Certified Construction Risk and Insurance Professional (CCRIP) program, participants will acquire a diverse skill set, including the ability to:

  • Comprehensive Risk Management Knowledge: Develop a deep understanding of construction risk management principles, processes, and best practices.
  • Insurance Strategies for Construction: Identify and implement effective insurance solutions to protect construction projects and stakeholders.
  • Risk Assessment and Mitigation: Assess and mitigate various construction-related risks, including safety, financial, and contractual risks.
  • Contractual Risk Management: Navigate complex construction contracts to manage and allocate risks appropriately.

Certification Requirements:

  • Bachelor’s Degree

And/or

  • 2 – 5 years of relevant work experience

Certifying Examination:

  • To be certified as CCRIP, student should take up a 1.5 hours online exam conducted by AIBM.
  • The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
  • Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Certification Modules:

  1. Risk Management Fundamentals for Construction
  2. Construction Insurance and Coverage Solutions
  3. Risk Assessment and Mitigation in Construction
  4. Contractual Risk Management in Construction
  5. Surety Bonds and Performance Guarantees in Construction
  6. Claims Handling and Dispute Resolution in Construction Insurance

* The modules of the certification are constantly updated and are subject to change.

Who Should Do This Certification:

The Certified Construction Risk and Insurance Professional (CCRIP) certification is highly valuable for professionals across various roles and industries, including:

  • Insurance Professionals: Including underwriters, brokers, and claims adjusters in the construction industry seeking specialized expertise.
  • Construction Project Managers: Responsible for ensuring risk management and insurance protection in construction projects.
  • Contract Managers and Legal Experts: Involved in drafting and reviewing construction contracts with a focus on risk allocation.
  • Owners and Developers: Those investing in or overseeing construction ventures seeking to protect investments.
  • Risk and Compliance Officers: Responsible for regulatory compliance and risk mitigation within construction organizations.
  • Construction Industry Professionals: Engineers, architects, estimators, and procurement specialists looking to enhance their understanding of risk and insurance practices.
  • Aspiring Construction Professionals: Students and newcomers aiming to enter the construction industry with a competitive edge.
  • Construction Risk Consultants: Independent advisors specializing in construction risk and insurance solutions.

Embark on the journey of achieving the CCRIP certification to become a recognized expert in construction risk management and insurance, enhance project success, and advance your career in the construction and insurance sectors.