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Brooke
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Asked: 2021-08-07T18:42:36+00:00 In:

Numerous factors help shape an insurer’s underwriting policy. Which of the following is NOT a constraint that would cause certain types of insurance or classes of business to be avoided?

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(A) Reinsurance treaties exclude the business.
(B) The insurer’s personnel lack needed marketing and underwriting expertise.
(C) Intense competition in the line of business would result in insufficient profit
opportunities.
(D) The underwriter is experiencing a high hit ratio on policies quoted.
(E) Policy forms, rates, and rating plans are not available to the insurer at a reasonable cost.

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  1. Brooke
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    Enlightened

    (D) The underwriter is experiencing a high hit ratio on policies quoted. Numerous factors help shape an insurer’s underwriting policy. The underwriter is experiencing a high hit ratio on policies quoted is NOT a constraint that would cause certain types of insurance or classes of business to be avoiRead more

    (D) The underwriter is experiencing a high hit ratio on policies quoted.

    Numerous factors help shape an insurer’s underwriting policy. The underwriter is experiencing a high hit ratio on policies quoted is NOT a constraint that would cause certain types of insurance or classes of business to be avoided.

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