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Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management, [1] administered by The Institutes (AKA American Institute for Chartered Property Casualty Underwriters). Achieving the designation requires completion of eight courses covering topics such as risk management ...
On January 1, 2012, Underwriters Laboratories became the parent company of a for-profit company in the U.S. named UL LLC, a limited liability company, which took over the product testing and certification business. On June 26, 2022, the companies rebranded into three distinct organizations that make up the UL enterprise.
In the US, the Registered Professional Liability Underwriter (RPLU) designation from the Professional Liability Underwriting Society (PLUS) is considered to be the only professional designation exclusively for people in the professional liability industry.
In 1986 DQS became the first certification body in Germany to issue a certificate according to ISO 9001. [ 4 ] After the merger of DQS with the Management Systems Solutions (MSS) division of the American product certification body Underwriters Laboratories Inc. in March 2008, DQS-UL Group is currently one of the world's largest system ...
Certification listings are issued by organizations that are usually nationally accredited for doing both testing and product certification work, in accordance with nationally accredited standards. Such organizations include Underwriters Laboratories , FM Global , or the Deutsches Institut für Bautechnik (DIBt).
New insurance agents can get a grounding in the basic skills, such as underwriting, needed to succeed in the field by becoming a Life Underwriter Training Council Fellow (LUTCF). After completing ...
The Certified Financial Planner (CFP) designation is a certification mark for financial planners conferred by the CFP Board of Standards. To receive authorization to use the designation, the candidate must meet education, examination, experience and ethics requirements, and pay an ongoing certification fee.
The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.