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What is an Insurance Underwriter? (Definition and Key Responsibilities)

Peak Frameworks

An insurance underwriter is a professional responsible for evaluating the risk of insuring a person or asset and determining policy terms. Their job is to meticulously weigh the risk-reward ratio of every potential policyholder. The Process of Underwriting Risk Assessment Let's take the example of life insurance.

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What is Merchant Onboarding? How it Works, Benefits & Key Players

Razorpay

Identity Checks: Rigorous identity verification ensures the business’s legitimacy and minimizes fraud risks. Underwriting: Assess the business’s financial stability, creditworthiness, and risk profile. Risk Assessment Screen for politically exposed persons (PEPs) associated with the business.

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What are ESG (Environmental, Social, and Governance) Scores?

Peak Frameworks

Task Force on Climate-related Financial Disclosures (TCFD): The TCFD provides recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions. It's essential not just to consider the scores themselves, but also the methodologies behind them.

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AI in Payments: How AI is Transforming the Payments Industry?

Razorpay

Risk Management and Credit Scoring AI analyses various data points, including transaction history, spending patterns, and social behaviour, to generate accurate credit scores and perform risk assessments. Its instantaneous data processing will prove vital for risk analysis and credit underwriting.