CPCU® Exam Updates – Study Material Revisions

Updated as of 10/30/2017

Purpose of this page

The CPCU® exams are revised periodically. The exams are revised and updated from time to time in order to keep the content up to date on current events and changes in the insurance environment.

This page will track the exam changes and provide insight into what is changing for each exam. If an exam is not listed on this page, then no revision is made to the study material. You can continue using your current study material for the exam.

Disclaimer                    

AssociatePI is not affiliated with The Institutes. This blog is intended for informational purposes only, to inform students about upcoming changes to CPCU® exam content. This information is not the choice, nor does it involve the input, of AssociatePI. This information is sourced from industry publications detailing the upcoming changes to CPCU® exams.

CPCU® and API 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.

For further information regarding AssociatePI and changes to the CPCU® exam study material, please email contact@associatepi.com.

October 2017 Update

The following exams are now testing on updated content:

  • CPCU® 551 – updating from 2nd edition to 3rd edition
  • CPCU® 552 – updating from 2nd edition to 3rd edition
  • CPCU® 553 – updating from 1st edition to 2nd edition
  • CPCU® 555 – updating from 2nd edition to 3rd edition
  • CPCU® 557 – updating from 2nd edition to 3rd edition

Effective January 2018, these exams will be based on the new study material. All exams prior to January 2018 will use the current study material.

What’s changing

The majority of the study material will be the same, here are the only changes being made to the new study material:

  • CPCU® 551 – updated content to address the changing insurance environment including topics such as virtual currency and increased cost of construction.
  • CPCU® 552 – updated content to address new commercial loss exposures such as unmanned aircrafts.
  • CPCU® 553 – updated content to address new loss exposures such as home sharing and unmanned aircrafts.
  • CPCU® 555 – updated content to address new personal insurance trends such as the going green initiative.
  • CPCU® 557 – updated content to address new topics such as unmanned aircrafts and terrorism coverage.

To do

If you have your study material and plan to take your exam before January 2018, then no action is needed. Your exam will be based on the current study material.

If you have your study material and plan to take your exam after January 2018, check your study material and make sure you have purchased the appropriate edition. If you have the wrong edition, contact your study material provider in regards to a refund or exchange for updated study material.

If you do not have your study material and plan to take your exam after January 2018, make sure you purchase the correct edition.

AssociatePI Course

If you are enrolled in an AssociatePI CPCU® 555 course, we will be automatically updating our course to reflect this change before the January 2018 testing window. Your course will automatically reflect the update, you will not need to do anything.

If you have any questions about this change, please contact us at contact@associatepi.com.

February 2017 Update

The CPCU® 500 exam will be updated to the 2nd edition, this will replace the current 1st edition CPCU® 500 study material.

Beginning October 2016 CPCU® 500 exam will begin testing on the 2nd edition study material. If you plan on taking your exam before June 15th, 2017 but you’re using 1st edition study material, please contact the exam administrator and let them know you are using 1st edition study material and would like to enroll in the 1st edition exam. The exam administrator is making an exception for anyone using 1st edition study material taking an exam before June 15, this is the last window where 1st edition CPCU® 500 study material will be applicable.

Effective June 15th, 2017 the exams will no longer be testing on the 1st edition of the CPCU®® 500 study material.

What’s changing

The CPCU® 500 will be updated to provide an overview of data analytics. This update will better explain key concepts of data analytics and their role in insurance and risk management.

To do

If you are using 1st edition CPCU® 500 study material and plan to take your CPCU® 500 exam before June 15, contact they exam administrator and let them know you are using 1st edition study material. The exam administrator will make an exception for you and allow you to take the 1st edition exam.

If you are planning to take the CPCU® 500 exam after June 15, you MUST use 2nd edition CPCU® 500 study material. The 1st edition study material will no longer be effective.

AssociatePI Course

If you are enrolled in an AssociatePI CPCU® 500 course, we will be automatically updating our course to reflect this change before the April 15th testing window. Your course will automatically reflect the update, you will not need to do anything.

If you have any questions about this change, please contact us at contact@associatepi.com

Free Practice Exam

Ready to get started studying? We’re here to help (for free). Download one of our free CPCU® practice exams to get a feel for the type of content you will be studying.

Download: Free CPCU® Practice Exam

More Information

For more information about the CPCU® designation checkout some of our other free resources:

Disclaimer

CPCU® 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 CPCU® designation.

CPCU® and API 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.

February 13, 2017

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