What does CPUM mean in MANAGEMENT

Commercial Portfolio and Underwriting Management (CPUM) is a core service offered by financial institutions to help businesses manage their portfolio of investments and underwrite their insurance policies. It provides businesses with the expertise needed to build, analyze, and optimize investment portfolios while obtaining the most appropriate insurance coverage for their needs.

CPUM services are designed to give businesses access to experts who can ensure that they have an optimized investment portfolio as well as secure an adequate amount of insurance coverage for their needs. This helps them maximize returns on investments while mitigating risk factors as necessary.

Generally speaking, commercial portfolio management covers all types of investments including stocks, bonds, mutual funds, ETFs (exchange-traded funds), commodities, real estate investment trusts (REITs), and other alternative assets. Insurance coverages managed by CPUM include general liability, professional liability, property damage/loss, cyber liability among others.

Generally speaking, Financial Institutions employ teams that specialize in commercial underwriting processes including analysts who will research the business operations being insured through assessment of both internal evidence such as financial statements or external evidence such as industry data. Risk managers will then analyze the results before providing options for optimal coverage tailored to the business's unique risk profile.