Lloyd’s is an insurance and reinsurance marketplace known for its shared risk approach to doing insurance, its global reach, and its financial strength.
Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.
An insurance bond is a bond that is designed to protect an individual or organization against financial loss if certain circumstances occur. There are different kinds of insurance bonds.
The combined ratio is one of the most important ratios used in evaluating the profitability and financial health of an insurance company. It also provides a comprehensive insight into how well an insurer underwrites policies.
It’s time to brush up your negotiation skills. This checklist will help you gather information and be proactive in your placing efforts. Be in control of your renewals and enter each discussion with an action plan!
The key difference between an occurrence and a claims-made policy is in the mechanism the policy uses for activating coverage; what needs to occur, and when, in order for …
The Insurance Training Center takes pride in delivering high quality courses on professional and management liability insurance and related topics.
A loss ratio is a quick way to evaluate the financial health and profitability of an insurance company. This article explains how to calculate the ratio and what insights you can gain from it. Also, we look at some …
“Pay on behalf of” and “reimbursement” are two different approaches to paying the bills associated with a claim. There are pros and cons to both. But …
Underwriters glean valuable information from reviewing the financial statement notes that helps them to assess an organization’s overall risk profile.
Lloyd’s is an insurance and reinsurance marketplace known for its shared risk approach to doing insurance, its global reach, and its financial strength.
What is Lloyd’s of London? Read More »
Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.
What is Insurance Underwriting? Read More »
An insurance bond is a bond that is designed to protect an individual or organization against financial loss if certain circumstances occur. There are different kinds of insurance bonds.
What is an Insurance Bond? Read More »
The combined ratio is one of the most important ratios used in evaluating the profitability and financial health of an insurance company. It also provides a comprehensive insight into how well an insurer underwrites policies.
Understanding Combined Ratio Read More »
It’s time to brush up your negotiation skills. This checklist will help you gather information and be proactive in your placing efforts. Be in control of your renewals and enter each discussion with an action plan!
A Checklist to Successful Negotiations in a Hard Market Read More »
The key difference between an occurrence and a claims-made policy is in the mechanism the policy uses for activating coverage; what needs to occur, and when, in order for …
Occurrence vs. Claims Made Policies Explained Read More »
The Insurance Training Center takes pride in delivering high quality courses on professional and management liability insurance and related topics.
How the Insurance Training Center Builds Great Courses Read More »
A loss ratio is a quick way to evaluate the financial health and profitability of an insurance company. This article explains how to calculate the ratio and what insights you can gain from it. Also, we look at some …
Understanding Loss Ratio Read More »
“Pay on behalf of” and “reimbursement” are two different approaches to paying the bills associated with a claim. There are pros and cons to both. But …
Pay on Behalf of vs Reimbursement Read More »
Underwriters glean valuable information from reviewing the financial statement notes that helps them to assess an organization’s overall risk profile.
8 Reasons to Read Financial Statement Notes Read More »
