In the insurance industry, each type of insurance deals with its own types of insurance risk. Insurance risk can be defined simply as the possibility of an insured suffering a financial loss that’s covered in a policy issued by an insurance company or other insurer. As an insurance company underwriter, your job is to assess […]
Month: June 2021
The Purpose of a High-Quality, Reliable Commercial Inspection
As an insurance company underwriter, ordering a commercial inspection is standard procedure when looking at writing insurance coverage for a business. Whether a new policy or the renewal of existing coverage, a commercial inspection is needed for several reasons: To ensure accurate valuation of the building for replacement purposes To ensure the business is not […]