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Established a boiler and machinery unit

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Reference no: EM133088625

You are employed by an insurer that has just established a boiler and machinery unit. One other individual and you have agreed to staff the new unit. You have three years of experience in underwriting boiler and machinery that you previously acquired while working for another insurer. In your first week as a boiler and machinery underwriter, you are presented with a risk that involves a boiler manufactured and installed in an apartment building to specifications different from those you have encountered previously.

-In underwriting this risk, what other people or organizations might you contact for assistance? What kind of information might they provide?

-What are the pros and cons of being a monoline underwriter in this situation?

Reference no: EM133088625

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