Along with expansion into the staffing industry, Empire Underwriters
is expanding into a number of other industry classes and coverages all coming soon.
Asked if there is any reason agents, brokers or customers of Applied Underwriters
should be concerned about the move, Silver replied, "Absolutely not.
In insurance organization, underwriting responsibilities are delegated to line and staff underwriters
who coordinate the day to day risk selection decisions and the management level underwriting activates.
Cadence Bancorporation is not selling any shares of class A common stock and will not receive any proceeds from the purchase of the additional shares by the underwriters
. The purchase of the additional shares by the underwriters
will not affect the number of shares of class-A common stock which are currently outstanding.
In sum, bond sales require access to investors and most often this function is outsourced to underwriters
. Governments' outsourcing this function could encourage competition through competitive bidding (or at least use RFPs for sole source procurement of underwriters
), focusing on the outcomes of the sales, and evaluating the results.
The battleground over whether mortgage underwriters
are exempt is the second prong of the test--whether their primary duty is the performance of office or non-manual work directly related to the management or general business operations of their employer or their employer's customers.
As recently as the 1980s, underwriters
were viewed as clear leaders, the people responsible for putting the surplus on the line and defining the company in the marketplace.
should embrace that change, not resist it, because by eliminating the mundane, they can focus on the exceptional.
* Documenting the existence of diversity programs is also a great way of securing good reviews from underwriters
In order to provide value-added service to their producers, many BGAs hire home office underwriters
or train underwriters
Sadly, tension often characterizes relationships between claim adjusters and underwriters
. There is unfortunately a professional enmity that develops between these two departments and functional areas within an insurance company.