Eliminating all errors will never be possible, but it is possible to eliminate predictable errors. (Photo: Bigstock) Eliminating all errors in underwriting will never be possible, but it is possible to eliminate predictable errors. (Photo: Bigstock)

The art of underwriting consists of several key elements. Among these are data gathering, analysis, decision making, and follow-up evaluation as accounts come up for renewal. It is at this point that the underwriter has the opportunity to identify errors made in the initial underwriting process and to correct them.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Michael Brown

Michael Brown is a litigator with Miles & Stockbridge’s Products Liability & Mass Torts Practice Group Practice Group and leads its national trial team. He handles complex cases around the country for large corporations in the areas of products liability defense, mass tort litigation, employment law, medical malpractice, and insurance defense.