Course offered by
The Institutes Knowledge Group
AU 60: Evaluating Commercial Underwriting Risks
Overview
Learn how emerging technology has transformed underwriting so you can put commercial underwriting principles into practice today. After completing AU 60, you’ll be able to determine an appropriate premium, use data and financial statements to review an application, evaluate an organization’s operations and culture, and more.
Skills You’ll Gain
Leverage various sources of data to effectively evaluate insurance applications and determine appropriate coverage and premiums
Analyze commercial financial statements and operations so you can gauge the health of applicants and take on reasonable risks
Effectively monitor underwriting performance so you can maintain your organization’s financial strength
Collaborate with colleagues and work together to help your organization reach its strategic goals
Ready-Made Career Skills:
- Data Analysis
- Financial Statements
- Insurance Operations
- Commercial Underwriting
- Collaboration
- Risk Assessment
Assignments
Exam Prep Tools
This course comes with proven, comprehensive study materials to help you take The Institutes Designations’ exam with confidence:
- Interactive Online Course: Learn at your own pace through a structured learning experience and modules featuring animations, video, question/answer scenarios, and more.
- AI Learning Support: Get help when you need it with an AI-powered tool built directly into your course. Ask questions, get explanations, and stay focused as you work through core topics.
- Mobile App with Audio: A flexible and convenient way to assess your understanding anytime, anywhere, and includes audio versions of your course material.
- Practice Questions: Test your understanding throughout the course with knowledge checks and exam practice questions designed to reinforce key concepts, identify areas for review, and help you prepare with confidence.
- Simulated Exam: Strengthen your readiness using a timed exam that mirrors the structure and difficulty of the actual exam. Students who complete the simulated exam pass at higher rates than those who don't.
- Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.
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AU Sample Course
- Topics
-
- How Technology Has Transformed Underwriting
- How Rates Affect Premium Distribution
- Identifying the Causes of Commercial Property Loss
- COPE Elements
- Analyzing Commercial Liability Loss Exposures
- Average Completion Time
- 10-30 Minutes
FAQs
- Does this course give me credit toward The Institutes Designations?
- Yes! AU 60 gives you credit toward the CPCU, Associate in Commercial Underwriting (AU), Associate in Insurance (AINS), and Associate in Surplus Lines Insurance (ASLI) designations.
- How long does the course take?
- AU 60 typically takes students 4-6 weeks to complete.
- How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- How do testing windows work?
- We offer The Institutes Designations' exams in 4 testing windows throughout the year.* You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
- Quarter 1: January 15 – March 15
- Quarter 2: April 15 – June 15
- Quarter 3: July 15 – September 15
- Quarter 4: October 15 – December 15
- We offer The Institutes Designations' exams in 4 testing windows throughout the year.* You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
*Exam windows that close on a weekend will be extended to the following business day.