BusinessAugust 20, 2026

underwriting

UN-der-ry-ting

Definition

The professional process of evaluating the risks of insuring a potential client and determining the terms, conditions, and pricing of the insurance policy.

Etymology

Derived from the practice of individuals signing their names under the details of a risk insurance contract to signify their acceptance of the liability in exchange for a premium.

In the news

The article uses underwriting as a key example of a complex insurance task where human judgment remains essential and cannot be fully replaced by AI.

Insurance Technology Has Entered Its Advice Economy -

Read the full article ↗

Insurance Edge

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