Article

Underwriters at work

What is an Underwriter?

Have you ever filled out an application for insurance? An underwriter is a person who receives and analyzes your responses on that application. The underwriter assess the level of risk you present, the premium you’ll pay, and your suitability for coverage.

Insurance broker meets client

What is a Broker? (an Insurance Broker)

The primary role of the insurance broker is to learn about the client’s business operations, evaluate the client’s needs, explore the client’s risk tolerance, and provide options and advice on how different insurance products will address the clients’ needs.

Risk managers at work

What is a Risk Manager?

A risk manager is someone who works with an organization to identify, assess, reduce, and control potential outcomes for a company. Risk managers can work internally as an employee or as an external consultant.

Claims adjusters at work

What is a Claims Adjuster?

A claims adjuster investigates insurance claims to determine the extent of an insurance company’s liability (i.e., claims settlement). A claims adjuster will interview witnesses, review statements, analyze the damage and make recommendations to the insurance company about the claim.

Start your insurance career

What your career counselor never told you

For some reason, insurance is not often talked about at career fairs in high school, colleges, and universities. We haven’t shaken off the image of the door to door life insurance salesman or the notion that it’s all a money grab. What a shame!

ERP

Extended Reporting Period (ERP) Explained

An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides …

pro-rata vs. short-rate cancellation

Pro-Rata vs. Short-Rate Cancellation

Pro-rata and Short-rate are two different ways of determining the refund amount that an insured party will receive if their insurance policy is canceled before the expiry date. Understand the difference between these two methods.

Article

Underwriters at work

What is an Underwriter?

Have you ever filled out an application for insurance? An underwriter is a person who receives and analyzes your responses on that application. The underwriter assess the level of risk you present, the premium you’ll pay, and your suitability for coverage.

Insurance broker meets client

What is a Broker? (an Insurance Broker)

The primary role of the insurance broker is to learn about the client’s business operations, evaluate the client’s needs, explore the client’s risk tolerance, and provide options and advice on how different insurance products will address the clients’ needs.

Risk managers at work

What is a Risk Manager?

A risk manager is someone who works with an organization to identify, assess, reduce, and control potential outcomes for a company. Risk managers can work internally as an employee or as an external consultant.

Claims adjusters at work

What is a Claims Adjuster?

A claims adjuster investigates insurance claims to determine the extent of an insurance company’s liability (i.e., claims settlement). A claims adjuster will interview witnesses, review statements, analyze the damage and make recommendations to the insurance company about the claim.

Start your insurance career

What your career counselor never told you

For some reason, insurance is not often talked about at career fairs in high school, colleges, and universities. We haven’t shaken off the image of the door to door life insurance salesman or the notion that it’s all a money grab. What a shame!

ERP

Extended Reporting Period (ERP) Explained

An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides …

pro-rata vs. short-rate cancellation

Pro-Rata vs. Short-Rate Cancellation

Pro-rata and Short-rate are two different ways of determining the refund amount that an insured party will receive if their insurance policy is canceled before the expiry date. Understand the difference between these two methods.

This is default text for notification bar