Best Ed

Underwriting Controls is a state-approved ce course. Examine how underwriting consists of two components; risk assessment and pricing. Explore successful underwriting and find how it requires a system of risk selection to obtain a group in which "loss results" will be reasonably predictable by means of the law of averages. Learn that to accomplish the goal there must be a balance between obtaining volume and obtaining homogeneous risks. Understand that the goal of the insurance underwriter is to establish rules that will result in securing an average proportion of good risks. See how an underwriter functions. Become familiar with the types of underwriters, the skills required, and the criteria used in risk assessment.