MLchartDataset catalogue

Underwriting agency

Term · Insurance and risk management · MLC-T-INS-003410

An independent entity authorized by an insurer to perform underwriting functions, including binding coverage, issuing policies, and sometimes handling claims, on behalf of the insurer. These agencies often specialize in particular lines of business or niche markets. They operate under a binding authority agreement with the principal insurer.

Table 1. Record
IdentifierMLC-T-INS-003410
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003410",
  "term": "Underwriting agency",
  "field": "Insurance and risk management",
  "definition": "An independent entity authorized by an insurer to perform underwriting functions, including binding coverage, issuing policies, and sometimes handling claims, on behalf of the insurer. These agencies often specialize in particular lines of business or niche markets. They operate under a binding authority agreement with the principal insurer.",
  "url": "https://mlchart.com/terminology/insurance/underwriting-agency/"
}

Record 3,547 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.