Overview
Insurance underwriting is one of the most important functions within insurance operations and serves as the foundation upon which sound risk selection and profitable insurance business are built. Effective underwriting enables insurers to evaluate risks, determine appropriate terms and conditions, establish equitable premiums, and maintain sustainable insurance portfolios.
The Underwriting Skills for Agents programme is designed to equip insurance agents with a practical understanding of underwriting principles, processes, and decision-making. The programme explores how underwriters assess risks, the factors that influence underwriting decisions, the resources used during risk evaluation, and the critical role agents play in supporting effective underwriting outcomes.
You will develop an appreciation of how underwriting contributes to risk management, customer service, profitability, and the long-term sustainability of insurance operations. The programme also introduces the role of reinsurance in supporting underwriting capacity and managing insurance risk exposures.
Learning Outcomes
Upon successful completion of this programme, you will be able to:
- Explain the purpose, principles, and importance of underwriting within insurance operations;
- Assess the key factors considered in underwriting various types of insurance risks, including people, property, and businesses;
- Analyse the underwriting process and the resources used in evaluating insurance applications;
- Evaluate the different underwriting decisions and their implications for insurers and policyholders;
- Explain the roles and responsibilities of agents and underwriters in supporting effective risk selection and portfolio management;
- Apply underwriting concepts to support accurate risk assessment, information gathering, and client engagement; and
- Explain the role of reinsurance in underwriting and its contribution to risk management and insurer capacity.
Course Outline
Price: US$110
Course Features
- Modules 5
- Duration 4 Weeks
- Content Type Text & media
- Assessment Yes
- Pass Percentage 70%
- Certificate Yes
