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Thursday, January 15, 2015

CPC Who?

If you are not in the insurance industry you are likely not familiar with the Society of Chartered Property Casualty Underwriters or CPCU for short. If you are an underwriter the CPCU designation is something you aspire to. CPCU's are considered to be property casualty insurance experts and to earn the designation they must pass eight national exams on topics including insurance law, accounting, risk management, and ethics. CPCU's also continually update their base of insurance expertise by participating in technical and professional development workshops and seminars and must meet experience requirements demonstrating proven insurance expertise and knowledge.

At Pinnacol, underwriting is basically half of what we do (the other half would be handling claims) so we are proud of our CPCU's as well as some of our staff who are not only CPCU's but are also CPCU instructors. They are part of an elite group - there are 22,000 CPCU's worldwide (40 countries and 135 chapters) and the CPCU Society has been providing continuing education for 70 years. 1,200 CPCU's are insurance company CEO's and presidents. There are more than 400 CPCU's who call Colorado home.

This morning we had representatives of the CPCU Society on site talking to our employees about upcoming course offerings (many of these are taught at our Pinnacol headquarters). I always talk to candidates about Pinnacol's commitment to ongoing training and development and this is one example of how our employees take advantage of that. If you are curious about the CPCU society they have a very informative website with lots of great information.

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