The Foundations of Underwriting course provides a thorough introduction to the essential aspects of the underwriting process. It equips participants with the foundational knowledge required to understand how risks are assessed, priced, and managed, as well as the role of underwriting in ensuring the financial stability of an insurer. The course also prepares students for potential career growth within the field, highlighting the opportunities and professional certifications that can further enhance their underwriting expertise.

Module 1: Introduction to Property Underwriting Assistance

Objective: To provide an overview of the role of underwriting assistance and its importance in the property insurance process.

Key Topics:

• Role and Responsibilities of Underwriting Assistance: Understanding how underwriting assistants support underwriters by gathering data, preparing reports, and ensuring the smooth flow of information.
• Key Terms and Concepts in Property Insurance: Basic terminology such as premiums, coverage limits, exclusions, endorsements, and deductibles.
• Types of Property Insurance: Overview of homeowners, commercial, renters, and specialized property policies (e.g., flood, earthquake).
• Underwriting Process Overview: Understanding the full underwriting process, and where assistance fits in (e.g., application intake, risk assessment, documentation preparation)