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
Flexible Content

Understanding P&C Ratemaking and Pricing

An Asian-Pacific Man in a blue denim shirt sits in front of a laptop learning
Micro-Cert Collections: Account Management, Personal Lines

Explore the purpose of personal rate regulation and rate-making principles and considerations. Explain how underwriters use rating plans to tailor insurance pricing on individual commercial accounts. Understand how rates affect premium determination.

This Micro-Cert features interactive modules and videos from risk managers and insurance professionals. As part of our Short Course Collection, complete assignment modules in as little as 5 minutes, or a whole assignment in as little 25 minutes. Conclude your Micro-Cert in 3-5 hours by successfully completing a 30-question virtual exam included in your course purchase.

Earn credit towards The Institutes Designations PRC® and ACSR with this Micro-Cert.

This Micro-Cert qualifies for CE credit. Visit our State CE and License Information page to confirm credits for your license and state.

Course Details


Understanding P&C Ratemaking and Pricing

Explore the purpose of personal rate regulation and rate-making principles. Explain how underwriters use rating plans to tailor insurance pricing on commercial accounts.

Course Level
(New)
Language(s)
English
Average Completion Time
3-5 Hours
Topics
  • Summarize factors influencing the ratemaking process.
  • Understand how rates impact premium determination.
  • Explore ratemaking methods.
Chat Chat