Consortium Underwriting


Definition of "Consortium underwriting"

James "Buddy" Williamson real estate agent
James "Buddy" Williamson, Real Estate Agent Maryland Real Estate

Method of underwriting by which one or a group of Lloyd's underwriters write business on behalf of a number of Lloyd's syndicates and other insurance companies. Among the benefits of underwriting in this manner are that potential earnings could equal the syndicate's expenses and stabilize the planning of staff as well as other general overhead requirements.

 

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