The Certified Subrogation Recovery Professional (CSRP)® Designation is the specialized designation for subrogation professionals. It is a statement that those possessing the designation have met stringent, academic and experience requirements and have agreed to be bound by the Code of Professional Ethics of Certified Subrogation Recovery Professionals. In its debut year of 2004, 118 subrogation professionals received their CSRP Designation. Today, more than 975 individuals have studied, passed the exam and are now CSRP Designees. Won’t you join them?
Subrogation Recovery: Principles and Practices remains the most complete work on subrogation available. This book is also the text on which the national examination for the Certified Subrogation Recovery Professional (CSRP)® designation, administered by the National Association of Subrogation Professionals (NASP), is based. The CSRP Designation is a professional designation requiring knowledge of a broad breadth of topics as evidenced by the 13 chapter titles of this book:
- Subrogation and the Insurance Industry
- Legal Liability
- Products Liability Subrogation
- Investigation and Evidence
- Collision Subrogation
- Property Subrogation
- Workers’ Compensation Subrogation
- No-Fault and Medical Payments Subrogation
- Healthcare Subrogation and Reimbursement
- Miscellaneous Forms of Subrogation
- Dispute Resolution
- Subrogation Management and Information Technology
- Subrogation and Recovery Service Providers
About the Exam
The CSRP exam is offered three times each year. Once at NASP’s Subrogation Litigation: Skills & Management Conference, once at NASP’s Annual Conference and once regionally, in May. To view this year’s exam dates and locations offered, open the Exam Enrollment Form.
The test consists of 100 multiple-choice questions and all examinees must receive a score of 70% or above in order to pass the exam or to receive continuing education credits. All exams are graded on a pass/fail basis and results are mailed no sooner than three weeks after the date of the exam. Those individuals who are accepted into the program and who want to sit for the CSRP exam must register using the Exam Enrollment Form.
Academic Requirements & Fees
The first step of entering the CSRP program is the Matriculation Application. To be accepted into the program, a candidate must verify that he/she has five years of experience working for an insurance company or, in the case of subrogation service providers, serving the needs of insurance companies. Of the five years’ experience, three years must be devoted primarily to subrogation-related work.
In addition, all candidates must agree to be bound by the Code of Professional Ethics of Certified Subrogation Professionals. The seven canons of the Code appear on the CSRP Matriculation Application. Upon successful matriculation, candidates will receive their copy of the course text and study guide, Subrogation Recovery: Principles & Practices.
The cost to matriculate into the program is $700 for NASP Members and $1,250 for Non-Members of NASP. This fee covers the cost of the course text, study guide, proctor fees, shipping fees, certificates, conferment of the CSRP designation (at NASP Annual Conferences) and one free retake.
*NASP charges a $50 cancellation fee for any examinee who cancels his/her exam or who fails to show for his/her scheduled exam appointment, plus the amount NASP pre-paid the proctor.
“As a strong proponent of continuing education and learning, I felt it was a no-brainer to matriculate into the CSRP program. Preparing for the CSRP examination allowed me to learn different areas of subrogation that I was not familiar with, specifically medical subrogation. As the only industry-wide professional subrogation program, it was important for me to obtain the designation as a testament to my commitment to the subrogation profession.” – Justin DeBenedectis, CSRP, Homesite Insurance
“I pursued my CSRP designation to gain a respectable designation in the subrogation arena. I have been in the property and casualty insurance area for 15 years, but new to subrogation. I love to learn and soak up as much knowledge as I can.” – Marcy Sturgill, CSRP, Illinois Casualty Company
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