General
Enables business partners to write more business
What is the mission of Underwriting Services?
Provides High Excess Liability for multiple Business Units
What is Retail Excess?
Targets large hospitals to specialty hospitals
What is Healthcare?
Review, finalize and distribute polity to the broker
What is Policy Issuance?
8+ Business Units
How many Business Units does Underwriting Services handle?
Global solutions for US Clients with overseas exposures
What is Foreign Package?
The General Contractor purchases insurance on behalf of subcontractors
What are Wrap-ups?
First policy to responds to a loss or claim
What is a Primary Policy?
Issue 50% of policies within 2 weeks of the effective date
What is the 2023 UW Services Goal?
Core, Select & Optimal
What are the Engagement Models for Arch Advantage?
Protects a business and its directors, officers, board members, managers and administrators from lawsuits alleging mismanagement
What is Executive Assurance?
Provides coverage for energy industry risks
What is Retail Energy?
The insured agrees to take on a certain amount of risk by paying an agreed upon amount
What is a deductible or retention?
Provides underwriting & operational support services for specific business units and leverages a cross-function service model.
What is the Optimal Engagement Model?
Issue policies within 2 weeks of the effective date
What is the Voice of the Customer?
What is Professional Liability?
Large Commercial Group, Growth & Middle Markets, Financial Services
What are the 3 Specialty Units for Executive Assurance?
Covers losses like customer injury, customer property damage and advertising injury
What is General Liability?
What is the Lifecycle of a Policy?
Lender Collateral Protection Products, Finance & Insurance, Products
What is Arch Warranty & Lenders Solution?
Sold to vehicle purchasers and provides certain covered repairs and services
What are Vehicle Service Contracts?
When the insured transfers their business from one producer to another
What is a Broker of Record?