Chartered Property And Casualty Underwriter
What Does Chartered Property And Casualty Underwriter Mean?
A Chartered Property and Casualty Underwriter (CPCU) is a professional designation in property and casualty (P&C) insurance. It is a prestigious title, held by only about 2% of professionals in the insurance industry. CPCUs evaluate whether to provide property and casualty insurance to applicants and determine the appropriate coverage amounts and premiums.
Insuranceopedia Explains Chartered Property And Casualty Underwriter
The American Institute for Chartered Property Casualty Underwriters, Inc. (AICPCU), awards CPCU certifications to candidates who meet its rigorous standards. To qualify, candidates must first complete five foundational courses covering risk management, insurance operations, insurance law, insurance finance, and financial services institutions. They then proceed to complete three specialized courses in either personal or commercial lines. Following this, candidates must pass eight national exams in these subject areas. Finally, they must demonstrate relevant industry experience and satisfy specified ethical requirements.
