Insurance Purchasing

There are many steps to the purchasing process for corporate insurance. Mr. Underdown has over twenty years experience in insurance purchasing.  Steps include completing detailed specifications, selecting two competing brokers, assigning markets, managing the process, analyzing the competing submissions, reviewing premium financing alternatives, and awarding the business to the appropriate broker. (See also Coverages-Policy Selection Procedures, Insurance Areas - Insurance Bid Specifications, Insurance Areas - Insurance Bidding and Placement, Insurance Areas - Insurance Program Design, Insurance Areas - Insurance Purchasing).