Consortium Underwriting
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.
Popular Insurance Terms
Special insurance that covers warehousers liability to customers whose property is damaged by an insured peril while in the custody of an insured warehouser. Policy deductibles may range ...
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Agents, managers, and office personnel serving in the branches of an insurance company. ...
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