Joint Underwriter Association


Definition of "Joint underwriter association"

Kym  Ward real estate agent
Kym Ward, Real Estate Agent Keller Williams Johnson City

Combination of several insurance companies to provide the capacity to underwrite a particular type or size of exposure. For example, liability coverage for a drug company's vaccine has been instituted as the result of several insurance companies working together to provide the required capacity due to the extra hazard.

 

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