Chartered Property Casualty Underwriter

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Chartered Property Casualty Underwriter (CPCU) is considered to be the premier professional designation in property-casualty insurance and risk management. The curriculum includes eight (8) post-secondary undergraduate, or graduate-level courses covering topics such as insurance law, history, contracts, ratemaking, and risk management, as well as business courses in finance, corporate structure, and ethics.

Designees must pass exams in five (5) core courses and three (3) courses in either a personal or commercial insurance concentration. These exams are standardized, proctored three-and-a-half hour essay-type exams in two sections. Part "A" is tested to determine understanding of the course's terminology, concepts, and content. Part "B" is tested to determine the ability of the candidate to apply the information to "real world" applications and situations.

CPCU designees are also bound by a Code of Ethics, and must pass an experience requirement as well. The CPCU designation is administered by the American Institute of Chartered Property Casualty Underwriters

Five core courses:
CPCU 510 Foundations of Risk Management, Insurance, and Professionalism
CPCU 520 Insurance Operations, Regulation, and Statutory Accounting
CPCU 530 The Legal Environment of Insurance
CPCU 540 Business and Financial Analysis for Risk Management and Insurance Professionals
CPCU 560 Financial Services Institutions

Commercial Concentration ( with personal survey)
CPCU 551 Commercial Property Risk Management and Insurance
CPCU 552 Commercial Liability Risk Management and Insurance
CPCU 553 Survey of Personal Risk Management, Insurance, and Financial Planning

Personal Concentration (with commercial survey)
CPCU 555 Personal Risk Management and Property-Liability Insurance
CPCU 556 Personal Financial Planning
CPCU 557 Survey of Commercial Risk Management and Insurance