Adam Carmichael is the President of The Institutes Knowledge Group, where he leads strategic development and delivery of courses and associated exams for the Institute's Risk Management and Insurance Designation programs, including the CPCU program. With over 20 years of experience at The Institutes, Adam is highly experienced in the Risk Management and Insurance industry as well as in public policy research related to property, casualty, and insurance issues. As a holder of the CPCU designation, Adam has joined the podcast today to discuss with Chris Hampshire the CPCU, The Institutes, and the future of professional development.

Key Takeaways

• Adam's career journey and CPCU designation.

• The evolution of CPCU exam testing.

• Comparing the challenges of current online versus old-style in-person testing.

• The gold standard value of the CPCU designation and what it denotes in the marketplace.

• Insights from Adam's role on the CPCU Ethics Council.

• Recognizing people who are "in good standing" with their designation.

• Research and data that highlights the adaptation of the designation.

• Maintaining the integrity of the online testing process.

• The future of the CPCU program.

• Ideas for getting the word out about the CPCU certification program.

• Promoting ethics within the insurance industry.

• A five-year look at the future of the CPCU designation.

• Adam's advice to his early career self.

Quotes

• "The exams are ultimately that measure that you're going to have to pass in order to earn your designation, and that designation has meaning."

• "The CPCU designation means so much to so many of us."

• "We will continue to develop and evolve the course content to match the skills that are needed for each generation of leaders."

• "The CPCU program and designation is going to keep growing in the future."