The biggest catastrophe: not uniting

Article Abstract:

A good rapport must be maintained on the part of the insurers and government regulators to continuously support the funding of catastrophe exposures. Solvency plays a very big factor and the best way to maintain such status is to address the availability problems confronting property owners. It involves allowing insurers to reserve and to raise private funds for future catastrophes. The role that the federal government perform must also be recognized in developing a solution to the nation's catastrophe-funding problem.

Interpretation and construction, Planning, Insurance law, National Association of Insurance Commissioners

---

Underwriting for the 21st century: the insurance industry cannot address high-tech risk in a low-tech fashion

Article Abstract:

Underwriters and agents would profit lucratively from insuring high-tech industries such as those in computer software, telecommunications, biotechnology and medical devices sectors. They are advised to brush up on their knowledge of these firms' operations, products and risks specifically those associated with laboratories, clean room environments, and clinical trials. These increased exposure to risks mandate significantly higher levels of capacity and intensive loss prevention activities.

High technology industry, Hazardous occupations

---

Use people skills to develop good underwriting relationships

Article Abstract:

A strong working relationship with underwriters is the key to the success of independent agents in selling commercial insurance. An effective agent/underwriter relationship translates to good business, while a weak one results in poor performance. Among the features of a highly productive relationship are communication, frequent interaction, joint effort in the sale and retention of certain customers and periodic monitoring of the relationship.

Methods, Column, Selling

Similar abstracts:

• Abstracts: The auto battle goes national. State spending: the price of regulation plateaus. The workplace is the next battle ground
• Abstracts: Smaller companies need employment protection. Solid underwriting can drive strategic alliances. Underwriting electronics firms can short-circuit the bottom line
• Abstracts: Changing the rules for discounting. The state(s) of the alternative markets. Paper chase
• Abstracts: Tax-exempts' retirement plans analysis: fund management and compliance review for 403(b) retirement plans. 1997 retirement benefits survey: plans changing, employees more aggressive investors
• Abstracts: Time to Promote an Insurance Agenda. Comp settlements bill remains stuck in Congress. Good intentions, bad policy

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.