Examples of 'underwriting process' in a sentence
Meaning of "underwriting process"
underwriting process - This term is commonly used in the insurance and financial industries to describe the procedure of evaluating and determining the risks involved in providing insurance coverage or a loan. It involves assessing the client's background, financial status, and potential liabilities
How to use "underwriting process" in a sentence
Basic
Advanced
underwriting process
They have a rapid underwriting process too.
The underwriting process is an essential part of any insurance application.
Particular emphasis is placed on the underwriting process.
The actual underwriting process could be more multifaceted and complex.
An appraisal is required during the underwriting process.
The underwriting process should generally work for most deal timelines.
This is called the underwriting process.
Most commercial lenders will perform a thorough income verification as part of their underwriting process.
The entire underwriting process.
The difference is how a loan is sized during the underwriting process.
Complete the underwriting process.
Policy issuance department with a fast and innovative underwriting process.
Our clients follow an easy underwriting process to help facilitate their loans quicker.
Assess risks in real time during the underwriting process.
How bringing AI to the underwriting process will reduce combined ratio.
See also
Note that taking a physical medical exam is a key part of the underwriting process.
They do not need to go through a long underwriting process to get this product in place.
Fill out an application and make sure it goes through the underwriting process.
The risk appetite stage of the underwriting process can be optimized with AI through automation.
Most loans use a method of analyzing credit called credit scoring in the underwriting process.
It 's inefficient because the underwriting process is so manual.
Typical Cytora customers are commercial insurers that are digitally transforming their underwriting process.
The underwriting process is a lot simpler, you only need to answer some medical questions.
IFS has a dedicated SIP team that guides investors through the underwriting process.
The automatic underwriting process enables FairMoney to score clients and disburse funds within 5 minutes.
After your appraisal has been completed, the underwriting process will resume.
The entire underwriting process typically takes between five and seven days . merchantsadvancenetwork . com.
If a borrower is charged a variable rate, they will be assigned a margin in the underwriting process.
The loan underwriting process for MSMEs is widely recognized as a cumbersome, expensive, and time-consuming process.
The exposure to catastrophe ‒ causing natural perils adds additional complication to the underwriting process.
AI 's effect on the insurance underwriting process.
In insurance, risk assessment and premium setting are essential elements within the underwriting process.
It 's what makes the buying, claims, and underwriting process so long.
Antiselection risks are mitigated through careful product design and a well-defi ned selective medical underwriting process.
AI, the only tool to optimize all steps of the underwriting process.
That said, Banner Life is generally considered to have a forgiving underwriting process.
Other companies, like Funding Circle prefer a human to control the underwriting process.
With consumer reporting agencies, for example, during the underwriting process.
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