Chartered Property Casualty Underwriter

Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management. Achieving the designation requires completion of courses covering topics such as insurance law, history, contracts, property insurance, liability insurance, operations, rate making, and risk management, as well as business courses in finance, corporate structure, and ethics.

Designees must pass extensive national exams in four core courses, three courses in either a personal or commercial insurance concentration, one elective of their choosing, as well as one ethics course. These exams are standardized, two hour multiple choice, objective-type exams.

CPCU designees are also bound by a Code of Ethics, and must satisfy educational and experience requirements. The CPCU designation is administered by the American Institute for Chartered Property and Casualty Underwriters. Designation holders have formed a professional society, the Chartered Property Casualty Underwriter (CPCU) Society. In addition to annual national meetings which serves as a conferment ceremony, the society has over 150 local chapters throughout the country.

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