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
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
"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.
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.