Course

Credit Type:
Course
ACE ID:
AICP-0053
Version:
8
Organization's ID:
CPCU 520
Location:
Online
Length:
This course is self paced, and many learners complete it in 7-9 weeks.
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Operations Management
Description

Objective:

The course objective is to help students understand the business of insurance across the value chain so they can better collaborate and improve their operational effectiveness.

Learning Outcomes:

  • Maximize the insurance value chain
  • Explain how claims fulfills the insurer’s promise
  • Leverage commercial underwriting strategy
  • Add value through personal lines underwriting
  • Seize competitive edge through marketing
  • Expand capacity with reinsurance
  • Explain the actuary’s role in ratemaking

General Topics:

  • Maximizing the insurance value chain
  • How claims fulfills the insurer’s promise
  • Leveraging commercial underwriting strategy
  • Adding value through personal lines underwriting
  • Seizing competitive edge through marketing
  • Expanding capacity with reinsurance
  • The actuary’s role in ratemaking
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations
Supplemental Materials
Equivalencies

Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes