Brian Thompson, Descartes Underwriting - PIR Ep. 470
Profiles in Risk
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Commissions and Distribution Channels in the Insurance Industry
This chapter discusses the commission structures and distribution channels in the insurance industry, highlighting the similarities with competitors and the use of net quotes. It explores the different roles and experiences of the speaker within the insurance field and their enthusiasm for their work. The chapter also touches on the concepts of parametric insurance, its recent rise in popularity, and the complex underwriting and data analysis involved.
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