A personal summary of Inside the Mind of an Underwriter

1. The underwriter is the central figure in determining what you will pay for your insurance.

2. There is a direct correlation between the quality of the information given to your underwriter, and the price you pay for insurance.

3. What seems mundane to you is very important to the underwriter.

4. There is nothing worse than sending up a submission without losses, and then finding out three weeks later that your losses are a lot worse than we were led to believe.

5. Underwriters actually look at customers' websites.

6. Loss control is the eyes and ears of the underwriter.

7. Insurance companies look at the relationship as a partnership and like companies that are willing to work with them.

8. Underwriters need time to effectively underwrite an account.

9. Typically, insureds don't know what makes an underwriter tick.