American Institute for Property and Liability Underwriters

Definition - What does American Institute for Property and Liability Underwriters mean?

American Institute for Property and Liability Underwriters is a correspondence school that is also an accrediting body that confers the designation Chartered Property and Casualty Underwriter for people who have passed its standardized tests. The coverage includes risk management and insurance. The institute is in Malvern, Pennsylvania.

Insuranceopedia explains American Institute for Property and Liability Underwriters

This school for insurance is also simply called The Institutes. It offers a number of educational programs related to insurance such as Associate in General Insurance and even a cyber risk management course, involving insurance risks while engaging in internet activities.

Its most famous course is property-casualty insurance program. It also awards a certificate indicating professional status for those who have passed the exams related to property and casualty insurance.

Eight exams must be passed in order to get the certificate; five of them are for required courses and the three for concentration courses. The areas of concentration are either about personal lines insurance or commercial lines insurance.

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