Consider the CPCU designation.CPAs looking to guide clients to the right place for property and casualty insurance advice might suggest they consult one of the more than 37,000 professionals who hold the chartered property-casualty underwriter (CPCU CPCU Chartered Property Casualty Underwriter CPCU Cardiac Progressive Care Unit CPCU Custody Pending Completion of Use ) designation from the American Institute for CPCU in Malvern, Pennsylvania Malvern is a borough in Chester County, Pennsylvania, United States. The population was 3,059 at the 2000 census. Geography Malvern is located at (40.034557, -75.514396). . The program includes courses covering a broad range of insurance, risk management and general business topics involving both personal and commercial loss exposures. Earning the CPCU designation requires passing 10 exams, meeting a requirement of at least three years' insurance experience and abiding by the AICPCU's code of professional ethics professional ethics, n the rules governing the conduct, transactions, and relationships within a profession and among its publics. professional ethics liability, n 1. . In conjunction with the Insurance Institute of America, the AICPCU AICPCU American Institute for Chartered Property Casualty Underwriters offers 22 insurance-related educational programs including associate designation programs in claims, underwriting, risk management and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. . For CPAs interested in expanding their own knowledge, any of the individual CPCU courses can be taken alone. Alternatively, Kenneth Scoles, assistant director of curriculum at the AICPCU, said the associate-in-risk-management program--while primarily geared to commercial exposures--"discusses principles that apply to personal risk analysis and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . Many of the same exposures and means of dealing with and financing them are as appropriate to individuals as they are to businesses." Information on all AICPCU-IIA programs can be obtained by contacting these two organizations at 720 Providence Road, P.O. Box 3016, Malvern, Pennsylvania 19355-0716. The telephone number is (800) 644-2101. --Peter D. Fleming |
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