Overview
Build a comprehensive approach to commercial property underwriting and learn how to best assess risk so you can protect companies against unexpected physical damage. After completing AU 61, you’ll be able to evaluate commercial property applications, underwrite natural causes of loss, analyze fire protection and external exposure, and more.
Skills You’ll Gain
Evaluate commercial property loss exposures so you can appropriately select and price risks
Determine a property’s level of fire protection so you can ensure coverage is priced properly
Effectively assess business income exposures so you can help protect a customer’s cash flow in the event of a disaster
Analyze additional threats to commercial property so you can help your clients mitigate potential losses
Ready-Made Career Skills:
- Commercial Underwriting
- Fire Protection
- Disaster Risk Reduction
- Threat Analysis
- Risk Management
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.
- Mobile App: A flexible and convenient way for you to assess your understanding anytime, anywhere.
- 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.
- Study Outlines: Reinforce your learning with study outlines designed to help you take notes and review the material as you progress through the course, with the option to print.
- Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.
FAQs
- Does this course give me credit toward The Institutes Designations?
- Yes! AU 61 gives you credit toward the Associate in Commercial Underwriting (AU) designation.
- How long does the course take?
- AU 61 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.