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 ?
In a soft market (P/C) or a market in which the public has turned distrustful (variable Life products), maintaining underwriting discipline is difficult.
"Wachovia sees Delegated Underwriting as an extremely valuable tool for our affordable-housing activities," said Cunningham.
* Chapter 4 looks at the need for a commercial lines plan to govern the underwriting process.
Note that the red and green line that indicates underwriting combined ratio (green for profit and red for loss) generally lags or follows the average prime rate graphed in blue.
So, how does Cytora's AI-powered platform work for underwriting?
The Regulations also clarified the public underwriting process and the open underwriting site management.
"Despite a poor overall performance and weaker industry profits, a number of companies continue to produce significant underwriting profits in this line," Auden added.
13 March 2015 - UK-based insurance investor Helios Underwriting Plc (LON: HUW) has closed its acquisition of Updown Underwriting Ltd., the company said on Friday.
FirstBest UMS Express provides carriers with an underwriting management system that enables them to drive premium growth and improve underwriting profitability, rapidly enter new markets, deliver new products, and achieve high service levels with agents and brokers.
Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance - Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance - Public Entities and Programs.
Rachel has worked in the insurance industry for over 25 years and brings significant underwriting experience, having previously been in the Chief Underwriting Office for Allianzs Global Corporate and Specialty division between 2009 and 2016.
President and Chief Executive Officer of Third Point Re, Robert Bredahl said, "We are very excited to have David and Steven join the Company as they bring proven track records and significant underwriting experience to the team.

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