Phrases with «underwriting department»

The phrase "underwriting department" refers to a specific unit or section within a company, usually in the financial or insurance industry, responsible for evaluating and assessing the risk associated with potential clients or customers. They determine if the company should approve or reject an application for a loan, insurance policy, or other financial product based on factors like the applicant's financial history, assets, and potential risks. Full definition

Sentences with «underwriting department»

  • Regardless of the discrepancies among underwriting departments at different insurance companies, it's likely your liability coverage will not extend to your lion like it would for your dog. (thezebra.com)
  • We do not have a proprietary trading desk that carries an inventory of equities and trades against client orders, nor do we have a corporate underwriting department. (odlumbrown.com)
  • The deductible should not exceed $ 1000, unless otherwise approved by the loan underwriting department. (dfcu.com)
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