In the US, the Registered Professional Liability Underwriter (RPLU) designation from the Professional Liability Underwriting Society (PLUS) is considered to be the only professional designation exclusively for people in the professional liability industry. The self-study courses provide a broad, basic overview of the professional liability disciplines. To earn the RPLU designation, a candidate must:
The Professional Liability Underwriting Society (PLUS) is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry.
Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Not all certifications that use post-nominal letters are an acknowledgement of educational achievement, or an agency appointed to safeguard the public interest.
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
Read eight PLUS Curriculum Core Modules and pass the seven corresponding exams; and Read any five PLUS Curriculum Elective Modules and pass the corresponding exams; and Meet the minimum experience requirement, which is two years in the industry.
A test or examination is an assessment intended to measure a test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics. A test may be administered verbally, on paper, on a computer, or in a predetermined area that requires a test taker to demonstrate or perform a set of skills. Tests vary in style, rigor and requirements. For example, in a closed book test, a test taker is usually required to rely upon memory to respond to specific items whereas in an open book test, a test taker may use one or more supplementary tools such as a reference book or calculator when responding. A test may be administered formally or informally. An example of an informal test would be a reading test administered by a parent to a child. A formal test might be a final examination administered by a teacher in a classroom or an I.Q. test administered by a psychologist in a clinic. Formal testing often results in a grade or a test score. A test score may be interpreted with regards to a norm or criterion, or occasionally both. The norm may be established independently, or by statistical analysis of a large number of participants. An exam is meant to test a persons knowledge or willingness to give time to manipulate that subject.
Over 2,200 professional liability professionals have earned the RPLU designation to date.
The RPLU community, including current candidates, past designees, and other industry professionals has a LinkedIn discussion group to share ideas, thoughts, and news on the professional liability marketplace. There are currently over 1,500 members of the group.
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