achievementadvance-careeralert-bluealert-grayalert-redalert-whitealertarchery-boardarrow-downarrow-rightarrow-uparrows-clock-flatarrows-clockbeginblue-trophybriefcase-flatcalendar-clockcalendarcart-ceucart-iconcart-the-institutes-designationscart-the-institutesWhat You Walk Away Withceuchatwidget-standardChatcheckchecklistcheckmarkchevron-down-graychevron-down-whitechevron-downchevron-left-thinchevron-leftchevron-right-thinchevron-rightchevron-upcircle-closeclipboard-clockclosecompleted-ribbon-flatcompleted-ribboncompletion-time-flatcompletion-timecourse-time-flatcustomerdesktopexpandfree-course-flatfree-courselevel-flatlevellight-bulb-flatlive-courselivemap-markernotificationonline-courseonline-learning-grayonline-learningpdfphoneplay-buttonpluspreorderpricingquote-close-darkquote-closequote-open-darkquote-openrocket-flatrocket-uprole-agents-brokersrole-claimsrole-customer-servicerole-data-scientistsrole-risk-managementrole-underwritingsearch-barsearchskills-flatskillsstarstopwatch-flatstopwatchtarget-flattimertool-tiptrophy-flattrusted-flattrustedvertical-certificatevirtual_certificate_flatvirtual-exam-grayweight-balance

CPCU 550: Maximizing Value with Data and Technology

Select Course Materials

Overview Skills You'll Gain Earn a Digital Badge Exam Prep Tools FAQs
Overview

Overview

Learn how to leverage data and technology to drive strategic decisions and elevate your organization's competitive advantage. After completing CPCU 550, you'll be able to use data to strengthen the insurance value chain, expedite claims settlements to serve customers more effectively, use risk modeling to identify the biggest customer threats, and more.

6-8 WEEKS
Leadership

Skills You’ll Gain

checkmark Leverage technology and data to settle claims quicker and more efficiently

checkmark Use data to further contribute to the insurance value chain and elevate your organization's competitive advantage

checkmark Use risk modeling to identify and mitigate the biggest threats to customers so you can help manage their loss exposures more effectively

checkmark Make strategic claims and underwriting decisions by collecting and analyzing extensive data sets

Ready-Made Career Skills:

  • Strategic Data Analysis
  • Data Analytics
  • Collaboration
  • Strategic Decision Making
  • Data Ethics
  • Loss Prevention Strategies
  • Risk Analytics

Assignments

Assignment 1:
The Expanding Universe of Insurance Data
30 Minutes
Assignment 2:
Building Data Analytics Foundations
30 Minutes
Assignment 3:
Strengthening the Insurance Value Chain
45 Minutes
Assignment 4:
How Technology Enhances the Insurance Value Chain
25 Minutes
Assignment 5:
Using Data to Stop Losses Before They Happen
25 Minutes
Assignment 6:
Balancing Ethics and Data Analytics
45 Minutes
The Institutes sample course credential badge featuring a circular blue design.

Earn a Digital Badge

Once you complete CPCU 550, you'll earn a digital badge to help you show off your achievement with pride. You can post it on your social media channels or add it to your email signature to show your manager and peers that you've mastered the top skills employers are looking for in the evolving world of risk management and insurance.

Study Plan

Exam Prep Tools

This course comes with proven, comprehensive study materials to help you take The Institutes Designations' exam with confidence:

  • Online Course and Printed Course Book: Learn in the format that works best for you, depending on the course package you choose.
  • 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.
  • 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.

Try CPCU 550 For Free!

Sample the all-new CPCU 550 in just 30-60 minutes to make sure it's the right fit for you!

FAQ

FAQs

  1. Does this course give me credit toward The Institutes Designations? Yes! CPCU 550 gives you credit toward CPCU as a core course. If you are completing CPCU through the ARM Path to CPCU, CPCU 550 can also count as an elective. For this to be visible in your Progress Tracker, you need to have passed at least 1 ARM exam as well as the CPCU 550 exam.  See the full list of designations that CPCU courses can give you credit toward.
  2. How long does the course take? CPCU 550 typically takes students 6-8 weeks to complete.
  3. How is The Institutes Designations' exam structured? You will have 65 minutes to complete 50 questions, and your exam will be virtually proctored. Visit the Virtual Exam Proctoring page to learn how it works, common FAQs, technical requirements, and more.
  4. 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

*Exam windows that close on a weekend will be extended to the following business day.