underwriting

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underwriting

Health insurance The process of determining a person's insurability in terms of life, liability, home, and other insurance policies and whether it will accept an application for insurance. See Field underwriting, Medical malpractice underwriting.
References in periodicals archive ?
The Board's approval of the proposal to underwrite and deal in all types of bank-ineligible securities is conditioned on a determination by the Board that San Paolo-IMI and Mabon have established policies and procedures to ensure compliance with the Operating Standards and the other requirements of this order, the Section 20 Orders, and the Modification Orders, including computer, audit, and accounting systems, internal risk management controls, and the necessary operation and managerial infrastructure for underwriting and dealing in all types of debt and equity securities.
The Web-based BlitzDocs Collaboration Suite provides a collaborative electronic document network for all participants in the mortgage loan industry to capture, submit, organize, underwrite, audit, share and deliver loan documents electronically.
Four years later, many companies and underwriters struggle to determine the best way to underwrite and price this business.
When underwriting rules, analytics and outside data sources are incorporated in the policy management system, agents and brokers could quote and underwrite the majority of smaller commercial risks, while company underwriters handle only cases identified as exceptions.
Reinsurance enables an insurer to underwrite more insurance, stabilize its underwriting results and secure catastrophe protection against shock losses.