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Insurance Underwriters are professionals who assess the risk of providing insurance coverage to individuals and businesses. They review applications for insurance, evaluate the applicant's risk, and determine the premium and coverage limits. Underwriters also review claims and decide whether to accept or deny them. They also work with agents and brokers to ensure that the insurance policies they provide meet the needs of their clients.
Insurance Underwriters must have a thorough understanding of the insurance industry, including the types of policies available, the risks associated with them, and the legal and regulatory requirements. They must also have strong analytical and communication skills to assess risk and negotiate with clients.
Some of the companies in the Insurance Underwriter market include Allstate, State Farm, Liberty Mutual, Nationwide, Progressive, and USAA. Show Less Read more