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Trading Skills in the Insurance Industry

How well do you think underwriters trade in the insurance market? Now is your chance to share your views by completing a short research survey and then receive a copy of the findings when it is complete. We are aiming to explore two fundamental questions, firstly, “How well do insurers develop their underwriters to enable them to trade effectively with their brokers?” and secondly, “How good are underwriters at building relationships with brokers to enable them to be productive and effective when trading?”

Is decision making authority always linked to skills and competence?

If you saw someone working up a tree using a powerful chainsaw, would you expect that they have been given the appropriate training and had the relevant skills and experience necessary to do the job? In today’s insurance world with a focus on compliance, regulation and control, would you expect to see employees’ authority to make underwriting and claims decisions clearly linked to their skill, competence and experience? This is what we explore in this latest article following industry research we have recently conducted.