Underwriting Audits: Improving Results and Delivery

Carriers use a number of tools to measure the performance of their underwriting shops, ranging from periodic internal reviews to using third-party consultants to audit operations. In its purest intent, the reinsurance underwriting audit is just one of these third-party reviews.

Most underwriters recognize the value that reinsurance audit feedback can provide. When concern arises, it usually is directed at the process, which has changed little since the first underwriting audit was conducted decades ago.

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