As climate-related events shift from occasional to frequent, secondary perils are becoming primary threats. In response, ...
Studies prove proper underwriting processes reduce financial risks by 40% and enable sustainable economic growth for businesses while maintaining market stability ...
Underwriting decisions today are influenced by broader market conditions, long-term loss patterns, and forward-looking ...
Insurance underwriters are currently spending 40% of their time on non-core activities. That’s a major issue as companies, particularly in the current climate, don’t have resources to bankroll ...
Accelerated underwriting holds the promise of being able to cut the agent's time spent selling a $500,000 policy from 20 hours to roughly five, a Deloitte analyst said. The associated benefits from ...
Insurance underwriters decide whether to provide insurance and under what terms. They evaluate insurance applications and determine coverage amounts and premiums. Underwriters are the main link ...
Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has appointed Darren Glover as Senior Development Underwriter for Northern ...
Mass volumes of data have become available since the ELD mandate started in 2017. All-at-once or gradual? Companies' approach to AI adoption and integration depends on their needs. Some businesses use ...
The marriage between technology and faster underwriting is a union the life insurance industry has encouraged for many years. Progress has been slow, but MIB Group is making headway, recently signing ...
Learn how earning an Associate in Commercial Underwriting (AU) credential enhances your skills in insurance risk evaluation, ...
Under the proposed legislation, insurers would be prohibited from canceling, nonrenewing or reducing coverage based on aerial ...
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