Posts Tagged “Automated System”

The Role of Underwriting System in the Insurance World

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The Role of Underwriting System in the Insurance World

Underwriting is a critical function. This function is performed every time someone makes an application for insurance. The main purpose of this function is to determine the risk related to the applicant and whether to issue an insurance policy. Important underwriting decisions are made based on the insurer’s wish to receive premium and the ability…

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