Insurance Underwriting

Hi everyone, we are at the start of season 4 of the podcast and we are taking a deep dive into underwriting manuals.In the first episode I have Peter Maynard with me from Select X, talking about his career in underwriting. We chat about what an underwriting manual looks like, the types of risk that they include, how underwriters use them and the role of automated underwriting.The key takeaways:Automated systems are good, but you can’t beat a human underwriter!Underwriting manuals are technical guides of how to assess risk, but there should be some wiggle room in decisions.The more you know about a person’s ‘risk’, the more likely you are to get a realistic indication of insurance terms.Next time, Roy McLoughlin is back with me for his first outing of season 4. Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.If you want to know more about how to arrange protection insurance, take a look at my Protection Insurance in Practice course here.

Om Podcasten

When you set out to get things like life insurance, critical illness cover or income protection, many people do not think that they are going to hit any snags along the way. But! Insurance is a world of risk and there are times that a persons circumstances will make insurers sit back and have an extra think about offering the insurance. Why?! This podcast is designed to answer that why. Kathryn Knowles is joined by guests to bring a clear and open chat about how insurance works. Kathryn brings her experience as a "quirky" life and the voice of the consumer to the discussion. She does this alongside her work as a specialist adviser, who is known for insuring the uninsurable.