Insurance Underwriting Process is yet another of the core subjects offered toward the CERT CII designation which is examined and certified by the Chartered Insurance Institute, London.
This unit offers you the knowledge and understanding of the role of underwriting including identification, assessment and acceptance of risk, rating, and relevant financial factors.
There are other beneficial areas including reinsurance of risks as well pricing of unusual or undesirable risks. Finally, we will look at the impact of the recent changes to the acceptance of risk as applicable to consumers and non-consumers.