How to underwrite for the long haul
In the latest Insurance Post Top Tips video, Ian Lloyd, CEO of iprism, shares how thinking ahead is essential if you want to make sure the underwriting decisions you make today don’t come back to haunt you.
In his Insurance Post Top Tips video, Lloyd recommends insurers:
- Make decisions that stand the test of time.
- Stick to their markets and areas of expertise.
- Monitor and share good data insights with insurers.
To achieve underwriting success, Lloyd said: “Be strategic in your thinking. Is this decision that I’m making what I want it to be in three years’ time?
“Once you’ve made that decision, as best you can, stick with it and be consistent.”
Over the coming weeks, Insurance Post's Top Tips videos will feature the industry's leading lights sharing simple but effective ideas that could take your insurance business and career to the next level.
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