Technical Insurance Services
1- Technical Department Organization
a. Product Revamp
- Review of General conditions
- Review of Particular conditions
- Review of policy schedules
- Treaty Compliance
- Legal Compliance
b. Libraries and Guidelines
- Underwriting guidelines
- Documentation guidelines
- Processes and Procedures guidelines
- Technical insurance libraries for easy access
- Wordings
- Clauses
- Proposal forms
2- Underwriting Quality Assurance Audits:
- Portfolio compliance with Underwriting guidelines
- Underwriter compliance with authority limits
- Portfolio compliance with treaty limits and conditions
- Policy compliance with facultative reinsurance slips (if any)
3- Process Optimization
- Policy issuance
- Renewal procedures