Mutual Values Meet Board Excellence
Looking for information about NAMIC’s Mutual Director Certification or Farm Mutual Director Certification? These programs are no longer accepting new enrollments. Current and aspiring board members from all company sizes are encouraged to enroll in the Mutual Insurance Director certification instead when registration opens in late Fall of 2024. If you are enrolled or certified in the MDC or FMDC program and have questions about what this means for you, please email certifications@namic.org.
NAMIC's Mutual Insurance Director certification program is designed to educate current and aspiring directors about mutuality and the roles and responsibilities of board members of a mutual insurance company. High-level instruction from industry-experienced faculty paired with tailored educational opportunities based on company size ensure all participants who achieve certification are recognized as industry-leading directors. Earning the MID certification demonstrates commitment to mutual values, ongoing education, and boardroom excellence.
Program Requirements
To complete the Mutual Insurance Director certification program, individuals must:
- Be affiliated with a NAMIC member company;
- Enroll in the program; and
- Attend all required MID courses at the appropriate NAMIC event based on company size;
- Directors’ Bootcamp 2.0 (midsize/large companies)
- Farm Mutual Forum (small companies)
- Live Virtual Event (all companies)
- Pass the MID exam with a grade of at least 70 percent within one year of enrollment.
Event Attendance Exceptions
Experienced participants may choose to forego attending MID courses if they have:
- Attended NAMIC’s Directors’ Bootcamp 2.0 in the past five years, or
- Held a senior-level position that reported to a board of directors at a mutual insurance company for at least five years (within the last 10 years).
Qualified individuals will be scheduled for the MID exam upon enrollment and be given access the study materials immediately. If they do not pass the exam the first time, they will be required to register for a qualifying event and attend all required courses before attempting the exam again.
Certification Benefits
- Formal recognition of achievement at NAMIC’s Annual Convention, including an official completion certificate
- Digital certificate and badge
- E-promo to NAMIC members announcing newly certified individuals in the MID program
- Networking opportunities with other MID professionals
- Complimentary roundtable breakfast at NAMIC’s Annual Convention
- Registration discounts for select NAMIC events (Annual Convention, Directors’ Bootcamp 2.0, Farm Mutual Forum) and director-focused virtual education
- Underwriting credit of up to 10 percent on your company’s D&O insurance from NAMICO if at least 75 percent of your company’s board members are actively certified in the MID program
- Enhanced and effective decisions for your company leading to financial stability
- Strong reputation with regulators that you are trained and serious about your responsibilities as a director