Synonyms for
Underwriting
Definition
Underwriting is the process of evaluating the risk of insuring a person or a company and setting the price for the insurance policy.
Synonyms & similar words
Example sentences
- The bank's underwriting team will assess the risk before approving the loan.
- The underwriting process for a new policy can take several days.
- The underwriting guidelines require a minimum credit score of 650.
- The insurance company's underwriting profits increased this quarter.
- The underwriting department is responsible for setting insurance rates.
Quotes
Underwriting standards are like belly buttons. Everyone has one, but they're not all the same. - Mark Cuban
Underwriting is the lifeblood of the insurance industry. - Gary Cohn
Underwriting is the backbone of the mortgage industry. - Henry Cisneros
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