Scott Insurance

FEBRUARY 27, 2024

Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

Deductible 52

Deductible Underwriter Underwriting Property Insurance 52

Majesco

MARCH 27, 2025

Weather and catastrophic events, crime, more frequent and larger lawsuits, and high-tech vehicles also contribute significantly to their perceptions of what is driving up auto insurance costs. Hence, every area can take advantage of its features from product development to customer engagement to underwriting, billing, and claims.

Auto Insurance 52

Auto Insurance Insurance Insurer Insured 52

Freeway Insurance

OCTOBER 26, 2023

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place.

Crime 52

Crime Auto Insurance Insurance Insurer 52

Risk Management Monitor

JANUARY 27, 2022

Finally, it is important to provide robust underwriting data by using assessment tools to minimize the need for supplemental applications, preparing for additional questions from underwriters, and highlighting significant cybersecurity updates and improvements over the past year. and consider alternative terms and conditions.

Cyber 66

Cyber Underwriter Underwriting Risk 66

Distinguished

SEPTEMBER 10, 2024

However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Majesco

DECEMBER 5, 2024

Anything from quoting to underwriting, servicing, billing or claims may no longer operate at the level expected by customers, putting trust and loyalty at risk. Insurance buyer demographics are constantly shifting, and this means that insurance business practices can become out of touch.

Auto Insurance 40

Auto Insurance Insurance Insurer Insured 40

LexisNexis

OCTOBER 10, 2024

An Uber driver is waiting for a rideshare customer and is pulled over to the curb in a high crime area. This is accomplished by an insurance broker for the employer or directly through the underwriting department of the insurance company for the employer. A roofing subcontractor’s employee fell off the roof and was severely injured.

Workers Compensation 75

Workers Compensation Compensation Workers Compensation Insurance Injury 75

Distinguished

MARCH 25, 2025

Here are some of the factors our expert underwriters would consider when creating a policy for your client: Collection value: The higher the collection’s appraised value, the more it will cost to insure. Location: Storing a collection in an area prone to natural disasters or with higher crime rates can increase insurance costs.

Deductible 52

Deductible Theft Insurance Insured 52