Summary |
The underwriting process is far more complicated nowadays but the term still applies.
Our course of study will encompass looking at the structure and content of policy wordings, premium payment, renewal and cancellation procedures as well as the main aspects of rating. The developments in related products and services will be examined and we shall conclude by introducing the principles involved in managing the underwriting account.
The contents of the book includes –
1. Material facts
2. Underwriting procedures
3. Insurance policies
4. Renewals and cancellation
5. Insurance products: personal insurance
6. Insurance products: commercial insurance
7. Related services
8. Underwriting considerations
9. Establishing the price: rating
10. Establishing the price: pricing factors
11. Managing exposure
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