Will Penny, President of Penny Insurance Agency in Hendersonville, North Carolina, has been awarded the Certified Advisor of Personal Insurance (CAPI) designation from the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb Insurance.

Penny is among a group of only 38 agents this year to receive the certification after completing a one-year intensive educational program on understanding the lifestyle and risk management and insurance needs of successful individuals and families. Created by Wharton and Chubb in 2014, the CAPI program is the first of its kind to focus on a specific client segment in the personal insurance marketplace.

“The agents who have completed the CAPI program have proven that they have the highest level of skill and expertise required to understand the total family balance sheet and to advise successful clients on their complex risk management and insurance needs,” Annmarie Camp, Executive Vice President, Sales and Distribution Leader, Chubb Personal Risk Services, said. 

Will Penny is a Henderson County native and the proud third generation president of Penny Insurance Agency. Will is a graduate of Wofford College, and has been with Penny Insurance since 1994.

“We are extremely proud that Will has received the prestigious CAPI designation,” William E. Penny, CPCU, Chairman of the Board for Penny Insurance Agency, said. “This shows his incredible dedication to the insurance industry as well as his ongoing commitment to serving successful individuals and families who have a unique set of property and liability exposures created by their assets and lifestyle.”

Courses are taught by Wharton faculty, Chubb subject matter experts and other professionals. Agents received instruction on the Wharton campus at the University of Pennsylvania in Philadelphia, and through virtual classes, webcasts, reading assignments and other online activities throughout 2017.

– submitted by Katie Beliles