Underwriting Discipline

How can you deploy your underwriting strategy and business rules consistently across the organization—to drive the right behaviors?
How do you leverage the knowledge of your most senior underwriters and instill discipline and best practices?

If you have FirstBest’s UMS, you can:

• Use knowledge management to capture and share the knowledge of your best underwriters
• Enforce letters of authority at every stage of the process, from agent entry pre-qualification through quote and bind, using rules you establish—or use our comprehensive authority letter templates
• Set up granular authorities and thresholds for each line of business and program, including when referrals are required, defined per individual underwriter
• Institutionalize underwriting knowledge through condition-specific rules
• Provide a fast, easy mechanism for underwriters to feed knowledge into the system as they work, and make training new underwriters easier
• Present knowledge “checklists” to underwriters as they evaluate risks
• Match business to the underwriter’s experience level, and increase book complexity and authority as the underwriter matures

Now you can capture your underwriters’ knowledge expertise, so it never gets lost, and share best practices. Screen out the business you don’t want—and get the right business at the right price.