MLchartDataset catalogue

Servicing carrier

Term · Insurance and risk management · MLC-T-INS-003063

An insurance company that handles the administrative functions for policies issued by another insurer or for a self-insurance program. These functions include policy issuance, premium collection, claims processing, and customer service. Servicing carriers are often used in assigned risk plans or by captive insurers to manage the operational aspects of insurance programs.

Table 1. Record
IdentifierMLC-T-INS-003063
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003063",
  "term": "Servicing carrier",
  "field": "Insurance and risk management",
  "definition": "An insurance company that handles the administrative functions for policies issued by another insurer or for a self-insurance program. These functions include policy issuance, premium collection, claims processing, and customer service. Servicing carriers are often used in assigned risk plans or by captive insurers to manage the operational aspects of insurance programs.",
  "url": "https://mlchart.com/terminology/insurance/servicing-carrier/"
}

Record 3,148 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.