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.
The focus will shift away from internal processes and specific transactions, where underwriters have historically invested their time and energy, and emphatically toward market-facing relationships and sales, around which insurers of all types are reorienting operations.
One way to gain points with your underwriter is by illustrating how your organization requires timely completion of such training as part of the employee's performance and review--and whereby failure to complete such training blocks possible promotions, pay increases or bonus eligibility.
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.