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hi im rainey with finance strategist in this lesson were going to cover the chartered property casualty underwriter or cpcu is a credential in the property and casualty insurance industry administered by the non-profit organization american institute of the chartered property casualty underwriters inc also known as the institutes the credential is considered a mark of expertise and achievement in the insurance industry and can result in a salary increase as well as peer recognition other insurance related designations include becoming a certified insurance counselor associate in risk management certified personal risk manager and several others the cpcu designation equips its holders with the ability to help clients adequately insure their businesses according to the institutes.org those in the following positions should consider the cpcu designation agents and brokers agency principals claims representatives line of business managers and executives insurance litigators risk manager