What is The Institutes in Malvern?
About The Institutes
The Institutes is located in Malvern, PA, but also offers classes online. This school offers training in 25 qualifications, with the most reviewed qualifications being Chartered Property Casualty Underwriter (CPCU) Certification, AICP Certification and AINS.
What do The Institutes provide?
At The Institutes, we provide educational support, resources and leading research to help those in risk management and insurance better serve the public.
What is Aicpcu certification?
Definition. American Institute for Chartered Property Casualty Underwriters (AICPCU) — an independent nonprofit organization providing educational programs and professional certification to people engaged in the property-casualty (P&C) insurance industry.
Where are The Institutes located?
The Institutes, located in the Philadelphia region, has been providing risk management and insurance education for more than 100 years. Close to 250 full-time employees work from our main campus in Malvern, PA.
What is the easiest CPCU exam?
CPCU® 557 – The CPCU® 557 is widely considered one of the easiest of the CPCU® exams. The pass rate is typically around 80% or higher. This means, out of everyone that attempts the CPCU® 557 exam, 80% pass.
How much does a CPCU cost?
CPCU® Designation Costs
The cost of the CPCU® designation varies widely depending on your choice of study material and exam registration. On average, the CPCU® will cost between $3,500 to $5,000. Each exam costs about $320 and study material ranges between $150 to $400 per exam.
How long does it take to complete AINS?
The program consists of three courses—AINS 21: Property and Liability Insurance Principles, AINS 22: Personal Insurance and AINS 23: Commercial Insurance. Either of the latter two can be substituted with a listed elective. The Institutes suggests a completion time of four to seven weeks for each segment.
How difficult is CPCU 500?
The CPCU® 500 exam is not too difficult. If you have experience in the insurance industry, you should not have trouble with the concepts of the CPCU® 500 exam. One of the main focus of this exam will be on risk control and risk financing techniques, which are used daily in the life of an insurance professional.
Is the CPCU designation worth it?
If you want to fast-track your career, obtaining your CPCU is one of the best ways to do it. On average, CPCUs earn 29% more than their peers who haven't received the certification. And most see an increase in opportunities and job promotions thanks to receiving their CPCU.