asked 143k views
2 votes
Underwriting authority requirements are usually communicated to an underwriter through ___________.

asked
User Makela
by
8.3k points

1 Answer

5 votes

Final answer:

Underwriting authority requirements are usually communicated to underwriters through underwriting manuals, which provide detailed guidelines and criteria for evaluating risks and making underwriting decisions.

Step-by-step explanation:

Underwriting authority requirements are usually communicated to an underwriter through underwriting manuals, which are comprehensive documents that outline the guidelines and criteria for evaluating risks and making underwriting decisions.

These manuals provide detailed information on topics such as risk assessment, coverage options, pricing, and policy issuance.

They serve as a reference guide for underwriters and help ensure a consistent and standardized approach to underwriting.

answered
User Learner
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.