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.
With the launch of the new Standalone Workers Comp program for Staffing Companies, Empire Underwriters can accommodate a wide range of classifications and risks including medical, clerical and "tough to write" classes as well as multi-state accounts.
Cadence Bancorporation (NYSE: CADE) has said that the underwriters of its previously announced secondary offering have exercised their option in full to purchase 1,425,000 additional shares of Cadence Bancorporation class A common stock from Cadence Bancorp Llc.
Increased automation and stronger analytical capabilities are a big part of the story, especially as they liberate underwriters to spend more time on higher value activities such as account planning, solution development, agent partnering and nuanced risk assessment and decision-making.