Assess whether to non-renew a deteriorating book segment (b41446)

SITUATION To non-renew a deteriorating sits with workers'-compensation product manager because a professional-liability claim that looks like a prior-knowledge issue hit a cedent submitting a property treaty with thin bordereaux. Evidence is renewal large-loss narratives that contradict the application; write the Insurance Underwriting Treaty and Excess option that extract can carry.

DECISION Workers'-compensation product manager in a cedent submitting a property treaty with thin bordereaux must choose Bind / Restrict / Decline / Hold using renewal large-loss narratives that contradict the application after a professional-liability claim that looks like a prior-knowledge issue.

HYPOTHESES TO TEST 1. Renewal large-loss narratives that contradict the application reads as Bind once a professional-liability claim that looks like a prior-knowledge issue is lined up to the same Insurance Underwriting population. 2. Renewal large-loss narratives that contradict the application is closer to Restrict after a professional-liability claim that looks like a prior-knowledge issue; Bind would over-claim this Treaty and Excess extract. 3. Decline is still live in renewal large-loss narratives that contradict the application for workers'-compensation product manager in a cedent submitting a property treaty with thin bordereaux. 4. Renewal large-loss narratives that contradict the application is missing the fact workers'-compensation product manager needs after a professional-liability claim that looks like a prior-knowledge issue; stop this Insurance Underwriting close.

ANALYSIS REQUIRED 1. Flag any accumulation fact renewal large-loss narratives that contradict the application does not price. 2. Compare treaty versus facultative treatment for the risk to non-renew a deteriorating names. 3. Check the submission completeness against a professional-liability claim that looks like a prior-knowledge issue. 4. For this Insurance Underwriting Treaty and Excess file, read renewal large-loss narratives that contradict the application against a professional-liability claim that looks like a prior-knowledge issue and write the one fact that would move to non-renew a deteriorating for workers'-compensation product manager.

RECOMMENDATION Choose Bind / Restrict / Decline / Hold on this Insurance Underwriting / Treaty and Excess packet (renewal large-loss narratives that contradict the application after a professional-liability claim that looks like a prior-knowledge issue). Lead with the Insurance Underwriting option renewal large-loss narratives that contradict the application can support after a professional-liability claim that looks like a prior-knowledge issue, then the two facts that force it, then the Monday action for workers'-compensation product manager in a cedent submitting a property treaty with thin bordereaux.