Insurance risk is something that, as a property insurance underwriter, you deal with on a continual basis. While the risks may change from one property to the next, all risk cannot be eliminated and the amount of risk exhibited by a potential policyholder will be the major determining factor in deciding whether a policy should […]
Month: October 2020
The Value of Commercial Property Inspections..
A commercial inspection may be considered for a number of purposes, but always the underlying reasons are: Verifying a safe environment Verifying compliance with applicable laws and regulations Depending on the building and business type, a commercial inspection may be required by a variety of authorities. Hospitals, for example, may receive a number of inspections, […]
Property Inspections for Your Insurance Policy Underwriting Needs
As a property insurer, when hiring a property inspection outfit you want someone who’s reliable, thorough, honest, fully qualified and certified and able to complete the job in a timely fashion. Insurance Risk Services (IRS) has been providing high-quality property inspection field services for nearly four decades, since 1984, and demonstrates all of the above […]
Insurance Risk Avoidance and Risk Control
To an insurance underwriter, insurance risk is something that needs to be accurately calculated in order to determine the correct charge for the coverage being offered to a prospective policyholder. Although insurance risk should be avoided where possible, it’s impossible to completely eliminate it. There are, however, several ways for you to manage risks, bringing […]