Assessment company
Term · Insurance and risk management · MLC-T-INS-000452
A firm that evaluates the value of property, the extent of damage, or the financial health of an entity for insurance purposes. These companies provide independent appraisals and reports that insurers use to determine premiums, settle claims, or assess underwriting risks. Their findings often form the basis for policy decisions and claim adjustments.
| Identifier | MLC-T-INS-000452 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000452",
"term": "Assessment company",
"field": "Insurance and risk management",
"definition": "A firm that evaluates the value of property, the extent of damage, or the financial health of an entity for insurance purposes. These companies provide independent appraisals and reports that insurers use to determine premiums, settle claims, or assess underwriting risks. Their findings often form the basis for policy decisions and claim adjustments.",
"url": "https://mlchart.com/terminology/insurance/assessment-company/"
}
Record 199 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.