Everything you need to pass your exam.


With This Download You Get:

  • Free Practice Exam - with questions formatted exactly like the real exam.
  • Free Chapter - access to the entire chapter one of the course.
  • 10 Steps To Pass - our 10 step process to study, focus on the most difficult topics, and pass.
  • Other resources - free access to other resources including our breakdown of the most important topics and most difficult part of the exam.


Full Course Includes:

  • Complete Online Course. Covers everything that will be on the exam. Designed for faster, easier studying. Completely online and downloadable as a PDF for those that would rather print a physical copy of the course.
  • Master The Details. Course points out the minor details and breaks down the complex concepts so you can master every aspect of every topic (the hardest part of the ARM™ 400). Including a unit and quiz of each chapter dedicated to reviewing the most important topics of the chapter, ensuring you grasp the primary concepts.
  • Fill In The Blank Study Guide. Designed to ensure you take notes on the most important topics.
  • Application Question Preparation. This course focuses on comprehension and real-life application to prepare you for the difficult virtual exam questions. Equipped with application based practice exam questions just like the real exam.
  • 300+ Practice Questions. Quiz questions for each topic of the ARM™ 400 exam to ensure you grasp the main concepts.
  • 2 Complete Practice Exams. 50 questions each, formatted exactly like the actual ARM™ 400 exam (with the same number of exam questions) to give you a "real exam" feel. 
  • Quiz Explanation. Detailed explanation about the correct answer for every quiz question.
  • Money Back Guarantee. Pass with our Full Course or your money back, guaranteed.
  • 99% Success Rate. We have helped thousands of students pass their exams. In that time, only a few students have failed.

Don't need the full course? 
Checkout our practice exam course! Includes all of the same practice questions as our full course.


The ARM™ 400 exam consists of 50 multiple-choice questions in the virtual exam.

The virtual ARM™ exams will be 65-minutes long. Meaning, to answer every question before the time runs out, you should plan on spending about 1 minute and 18 seconds to answer each question (50 questions in 65 minutes).

All questions on the virtual exam will be application-based scenario questions. These are tricky questions that require you to apply your knowledge to a real-life scenario to choose the appropriate answer (you will not be repeating a definition or concept). That means, there is really no way to cheat on your exam, so don’t even try.

You can download one of our free practice exams to see what these questions look like.


The hardest part of the ARM™ 400 will be memorizing every topic. There is a ton of information to digest and comprehend. Not only do you need to understand and memorize each topic, but you must comprehend the content to a high enough degree that you can apply the concepts in a real life scenario. You will see these concepts formatted as scenario questions on your exam. You must memorize each concept AND be able to apply the concept in a real life scenario on your exam.

For more insight, see our blog about the ARM™ 400 Difficulty.


In our opinion, there are three critically important topics that you need to know to pass the ARM™ 400 exam:

  • Risk technology – Enterprise-Wide Risk Management (ERM) and how it utilizes technology and smart products to mitigate risk. This includes blockchain, cloud storage, artificial intelligence (AI), the internet of things (IoT), robotics, sensors, and smartphones. Understand how these technologies can be applied to a real industry or real scenario to mitigate risk.
  • Risk measurements – Understand the methods of quantitatively measuring risk including KPIs (leading and lagging), CSFs, and KRIs. Understand how to read and apply these measures in a real scenario.
  • Risk employees – understand the roles, responsibilities, and risk departments including the risk champion, chief risk officer (CRO), CEO, board of directors, and risk committee.
  • Risk laws – understand the various risk laws, standards, and regulations such as the Dodd-Frank Act, Solvency II, Basel III, COSO, IIA, ISO 9000 Series, and the UK Corporate Governance Code.

We have found that these are important topics that may be on your exam in the form of a scenario-based question.

For more info about the most important topics see our blog about the ARM™ 400 Exam Topics.


A lot of students fail the ARM™ 400 because there is just too much content on the exam. It is too much information to memorize all at one time. Here are our three biggest tips to passing the ARM™ 400 exam:

  • 1) Fully read the online course or attend an ARM™ class. This is by far the most important tip. These ARM™ exams are tricky and the exam questions will relate to very minute details from your ARM™ course. Skimming through the course will not cut it, you must read EVERYTHING. Even reading it just once will help you recall the information on your exam
  • 2) Take notes. This doesn’t mean you should rewrite every single word from the ARM™ 400 Course . Use shorthand and bullet points to quickly jot down the most important topics. This will help you better retain the information for easier recall on the test and will give you a “study guide” to refer back to (rather than rereading the full course!)
  • 3) Practice, practice, practice. Take as many practice exams and quizzes as you possibly can. This will help you familiarize yourself with the ARM™ question format and help you determine which topics you need to re-study. Once you go through a few practice quizzes and exams, return to your notes from step 2 and review any section that you failed to comprehend on the practice exam.

For more information about the type of questions you will see on the exam see our blog about the ARM™ 400 Exam Questions.



Remember, every ARM™ exam is different. No single exam is the same. Be sure to study ALL topics (not just our recommendation). This resource is intended to provide you with a general idea of where your focus should be. Make sure to thoroughly study every topic of this exam.

Difficulty rank, importance rank, and the advice provided in this resource are solely the opinion of AssociatePI. This resource is intended to provide you with a general idea of where your focus should be. Each exam administered by The Institutes is different. AssociatePI is not affiliated with The Institutes or involved in the exam writing process. Please be sure to thoroughly study every chapter and every topic of this course.

ARM™ exams are administered by the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI does not administer the actual exams, we are an independent resource of free content, advice, and study material for professional insurance education. This blog is intended for informational purposes only, to inform prospective students of the benefit of the ARM™ designation.

CPCU® and ARM are trademarks of the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI LLC is not affiliated with, associated with, endorsed by or otherwise supported or recognized by The Institutes in any way. AssociatePI LLC is not authorized by The Institutes to offer courses, practice examinations, or any other resources related to the Institutes’ designations or other programs.

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