|
[[Definition:Distribution channel]]
LIFE INSURANCE — RETAIL
[[Definition:Intermediary]]
[[Definition:Insurance broker]]
Term life
[[Definition:TermInsurance life insuranceagent]]
[[Definition:LevelIndependent term life insuranceagent]]
[[Definition:DecreasingCaptive termagent life(exclusive insuranceagent)]]
[[Definition:RenewableGeneral termagent life insurance(GA)]]
[[Definition:ConvertibleManaging termgeneral lifeagent insurance(MGA)]]
[[Definition:Managing general underwriter (MGU)]]
[[Definition:Delegated underwriting authority (DUA)]]
Whole life / Permanent life
[[Definition:WholeBinding life insurance (WL)authority]]
[[Definition:Universal life insurance (UL)Binder]]
[[Definition:Variable life insurance (VL)Coverholder]]
[[Definition:VariableProgram universal life insurance (VUL)administrator]]
[[Definition:IndexedProgram universal life insurance (IUL)business]]
[[Definition:Unit-linkedWholesale life insurancebroker]]
[[Definition:With-profitsRetail life insurancebroker]]
[[Definition:Surplus lines broker]]
[[Definition:Reinsurance broker]]
Savings, endowment & investment
[[Definition:EndowmentLloyd's policybroker]]
[[Definition:PurePlacing endowment policybroker]]
[[Definition:Single-premiumProducing life insurancebroker]]
[[Definition:Investment-linkedBroker lifeof insurancerecord]]
[[Definition:GuaranteedBroker incomeof liferecord insuranceletter (BOR)]]
[[Definition:Sub-agent]]
[[Definition:Appointed representative (AR)]]
Annuities
[[Definition:ImmediateIntroducer annuityappointed representative (IAR)]]
[[Definition:DeferredTied annuityagent]]
[[Definition:FixedMulti-tied annuityagent]]
[[Definition:Variable annuityBancassurance]]
[[Definition:IndexedAffinity annuitygroup marketing]]
[[Definition:LifeAffinity annuitypartner]]
[[Definition:JointWhite-and-survivorlabel annuitydistribution]]
[[Definition:GuaranteedEmbedded period annuityinsurance]]
[[Definition:Insurtech]]
[[Definition:Digital distribution]]
Death & accident riders / supplementary
[[Definition:AccidentalDirect-to-consumer death and dismemberment insurancedistribution (AD&DD2C)]]
[[Definition:WaiverDirect of premium riderwriter]]
[[Definition:CriticalAggregator illness(comparison ridersite)]]
[[Definition:AcceleratedInsurance death benefit ridermarketplace]]
[[Definition:Long-termLead care ridergeneration]]
[[Definition:GuaranteedReferral insurability riderarrangement]]
[[Definition:Distribution agreement]]
[[Definition:Agency agreement]]
Other personal life
[[Definition:CreditBrokerage life insuranceagreement]]
[[Definition:MortgageTerms lifeof insurancebusiness agreement (TOBA)]]
[[Definition:Funeral insuranceCommission]]
[[Definition:Pre-needBrokerage insurancecommission]]
[[Definition:Override commission (overrider)]]
[[Definition:Contingent commission]]
[[Definition:Profit commission]]
LIFE INSURANCE — COMMERCIAL / GROUP
[[Definition:Sliding-scale commission]]
[[Definition:GroupCommission term life insurancedisclosure]]
[[Definition:GroupNet universal life insurancerate]]
[[Definition:Employer-sponsoredGross life insurancerate]]
[[Definition:KeyFee-based person life insurancecompensation]]
[[Definition:BusinessBroker succession life insuranceremuneration]]
[[Definition:Buy-sellAcquisition agreement life insurancecost]]
[[Definition:Corporate-ownedCommission life insurance (COLI)ratio]]
[[Definition:Bank-ownedExpense life insurance (BOLI)ratio]]
[[Definition:ExecutiveCombined life insuranceratio]]
[[Definition:GroupCost creditof life insuranceacquisition]]
[[Definition:Deferred compensation life insuranceBordereaux]]
[[Definition:Split-dollarPremium life insurancebordereaux]]
[[Definition:GroupClaims annuity contractbordereaux]]
[[Definition:PensionBinding buy-inauthority agreement (BAA)]]
[[Definition:Pension buy-outLineslip]]
[[Definition:Longevity insuranceConsortium]]
[[Definition:Facility]]
[[Definition:Open market placement]]
[[Definition:Subscription market]]
PROPERTY & CASUALTY / GENERAL INSURANCE — RETAIL (PERSONAL LINES)
[[Definition:Lead underwriter (lead insurer)]]
[[Definition:Following underwriter]]
Property
[[Definition:Homeowner insuranceSlip]]
[[Definition:RenterMarket insurancereform contract (MRC)]]
[[Definition:CondominiumPlacing owner insuranceslip]]
[[Definition:DwellingFirm fireorder insuranceterms (FOT)]]
[[Definition:Personal inland marine insuranceIndication]]
[[Definition:Valuable articles insuranceQuote]]
[[Definition:Flood insuranceQuotation]]
[[Definition:EarthquakeInvitation insuranceto tender]]
[[Definition:PersonalRequest umbrellafor liabilityproposal insurance(RFP)]]
[[Definition:Request for quotation (RFQ)]]
[[Definition:Statement of fact]]
Motor / Auto
[[Definition:PrivateProposal motor insuranceform]]
[[Definition:Comprehensive motor insuranceSubmission]]
[[Definition:Third-partyRisk liability motor insurancepresentation]]
[[Definition:Third-party,Fact fire and theft motor insurancefind]]
[[Definition:CollisionDemands coverageand needs statement]]
[[Definition:UninsuredSuitability and underinsured motorist coverageassessment]]
[[Definition:MotorInsurance legalproduct protectioninformation insurancedocument (IPID)]]
[[Definition:GuaranteedKey assetinformation protection insurancedocument (GAPKID)]]
[[Definition:ClassicPre-contractual and collector vehicle insurancedisclosure]]
[[Definition:MotorDuty breakdownof insurancedisclosure]]
[[Definition:Material fact]]
[[Definition:Utmost good faith (uberrima fides)]]
Travel & personal accident
[[Definition:TravelDuty insuranceof fair presentation]]
[[Definition:TripBest cancellation insuranceadvice]]
[[Definition:PersonalAdvised accident insurance (PA)sale]]
[[Definition:PersonalNon-advised liabilitysale insurance(execution only)]]
[[Definition:Product oversight and governance (POG)]]
[[Definition:Target market]]
Specialty personal
[[Definition:PetProduct insuranceapproval process]]
[[Definition:WeddingProduct insurancedistribution arrangement]]
[[Definition:BicycleConduct insuranceof business]]
[[Definition:MobileTreating devicecustomers insurancefairly (TCF)]]
[[Definition:IdentityCustomer theft insuranceoutcome]]
[[Definition:LegalVulnerable expenses insurancecustomer]]
[[Definition:HobbyComplaints andhandling sports insuranceprocedure]]
[[Definition:Insurance distribution directive (IDD)]]
[[Definition:Continuing professional development (CPD)]]
[[Definition:Fit and proper requirements]]
PROPERTY & CASUALTY / GENERAL INSURANCE — COMMERCIAL LINES
[[Definition:Licensing requirement]]
[[Definition:Appointment (of agent or intermediary)]]
Commercial property
[[Definition:CommercialRegister propertyof insuranceintermediaries]]
[[Definition:CommercialCross-border fire insurancedistribution]]
[[Definition:CommercialFreedom multi-perilof insuranceservices (FOS)]]
[[Definition:BuilderFreedom riskof insuranceestablishment (FOE)]]
[[Definition:Business interruption insurance (BI)Passporting]]
[[Definition:ContingentThird-country business interruption insurancebranch]]
[[Definition:EquipmentE&O breakdowninsurance (professional indemnity insurance)]]
[[Definition:BoilerErrors and machineryomissions insurance (E&O)]]
[[Definition:Commercial inland marine insurance]]
[[Definition:Stock throughput insurance]]
[[Definition:Difference in conditions insurance (DIC)]]
Commercial liability
[[Definition:Commercial general liability insurance (CGL)]]
[[Definition:Product liability insurance]]
[[Definition:Completed operations liability insurance]]
[[Definition:Employer liability insurance]]
[[Definition:Professional indemnity insurance (PI)]]
[[Definition:MedicalFiduciary malpractice insuranceduty]]
[[Definition:DirectorsDuty andof officers liability insurance (D&O)care]]
[[Definition:EmploymentConflict practicesof liability insurance (EPLI)interest]]
[[Definition:FiduciaryClient liability insurancemoney]]
[[Definition:ExcessPremium liabilitytrust insurancefund]]
[[Definition:CommercialInsurer umbrellasecurity liability(carrier insurancefinancial strength)]]
[[Definition:Admitted carrier (authorised insurer)]]
[[Definition:Non-admitted carrier (non-authorised insurer)]]
Motor / Fleet
[[Definition:CommercialSurplus motorlines insurancemarket]]
[[Definition:FleetExcess motorand insurancesurplus lines (E&S)]]
[[Definition:MotorLondon carrier liability insurancemarket]]
[[Definition:HiredLloyd's andof non-owned auto liability insuranceLondon]]
[[Definition:Syndicate]]
[[Definition:Managing agent (Lloyd's)]]
Workers' compensation & workplace
[[Definition:WorkersLloyd's compensation insurancecoverholder]]
[[Definition:OccupationalDelegated accident insuranceauthority]]
[[Definition:WorkplaceThird-party injuryadministrator insurance(TPA)]]
[[Definition:Claims administrator]]
[[Definition:Loss adjuster (loss adjustor)]]
Marine, aviation & transport
[[Definition:MarinePremium cargo insurancecollection]]
[[Definition:MarinePremium hull insurancefinancing]]
[[Definition:ProtectionInstallment and indemnity insurance (P&I)billing]]
[[Definition:PortPolicy and terminal operator liability insuranceadministration]]
[[Definition:FreightPolicy forwarder liability insuranceissuance]]
[[Definition:AviationMid-term hulladjustment insurance(MTA)]]
[[Definition:Aviation liability insuranceEndorsement]]
[[Definition:Aircraft hull and liability insuranceRenewal]]
[[Definition:SpacecraftRenewal insuranceretention rate]]
[[Definition:Lapse]]
[[Definition:Cancellation]]
Engineering & construction
[[Definition:ContractorBook all-risksof insurance (CAR)business]]
[[Definition:ErectionPortfolio all-risks insurance (EAR)transfer]]
[[Definition:Construction wrap-up insuranceNovation]]
[[Definition:Delay in startRun-up insurance (DSU)off]]
[[Definition:ProfessionalGross indemnitywritten insurancepremium for construction(GWP)]]
[[Definition:DecennialNet liabilitywritten insurancepremium (NWP)]]
[[Definition:LatentCeding defects insurancecommission]]
[[Definition:Fronting arrangement]]
[[Definition:Fronting insurer]]
Energy & natural resources
[[Definition:Upstream energy insuranceCapacity]]
[[Definition:DownstreamRisk energy insuranceappetite]]
[[Definition:OnshoreUnderwriting energy insuranceguideline]]
[[Definition:OffshoreUnderwriting energy insuranceauthority]]
[[Definition:PowerBinding generation insurancelimit]]
[[Definition:MiningReferral insurance(to underwriter)]]
[[Definition:Renewable energyPeer-to-peer insurance (P2P)]]
[[Definition:Parametric insurance distribution]]
[[Definition:Microinsurance]]
Financial lines & crime
[[Definition:CrimeGroup insurance scheme]]
[[Definition:CommercialVoluntary crime insurancebenefit]]
[[Definition:BankersWorksite blanket bond (BBB)marketing]]
[[Definition:Kidnap and ransom insurance (K&R)Cross-selling]]
[[Definition:Trade credit insuranceUp-selling]]
[[Definition:PoliticalMulti-channel risk insurancedistribution]]
[[Definition:SuretyOmnichannel bonddistribution]]
[[Definition:Performance bondPoint-of-sale insurance]]
[[Definition:BidAncillary bondinsurance intermediary]]
[[Definition:PaymentTravel bonddistribution (ancillary insurance)]]
[[Definition:Motor dealer distribution]]
[[Definition:Retrocession broker]]
Cyber
[[Definition:CyberWholesale liability insurancemarket]]
[[Definition:DataMarket breach insuranceaccess]]
[[Definition:NetworkDistribution security liability insurancefootprint]]
[[Definition:Technology errors and omissions insurancePipeline (techsales E&Opipeline)]]
[[Definition:MediaHit liabilityratio insurance(quote-to-bind ratio)]]
[[Definition:Conversion rate]]
[[Definition:Loss ratio (L/R)]]
Agricultural
[[Definition:CropPersistency insurancerate]]
[[Definition:LivestockCustomer insurancelifetime value (CLV)]]
[[Definition:AgriculturalNet propertypromoter insurancescore (NPS)]]
[[Definition:ForestryApplication insuranceprogramming interface (API) integration]]
[[Definition:AquacultureStraight-through insuranceprocessing (STP)]]
[[Definition:Index-basedElectronic agricultural insuranceplacement]]
[[Definition:WeatherPlacing index insuranceplatform]]
Specialty commercial
[[Definition:Event cancellation insurance]]
[[Definition:Film and entertainment production insurance]]
[[Definition:Fine art insurance]]
[[Definition:Terrorism insurance]]
[[Definition:Political violence insurance]]
[[Definition:Environmental liability insurance]]
[[Definition:Product recall insurance]]
[[Definition:Product contamination insurance]]
[[Definition:Intellectual property insurance]]
[[Definition:Patent infringement insurance]]
[[Definition:Reputation risk insurance]]
[[Definition:Warranty and indemnity insurance (W&I)]]
[[Definition:Tax liability insurance]]
[[Definition:Title insurance]]
[[Definition:Contingency insurance]]
[[Definition:Parametric insurance]]
[[Definition:Run-off insurance]]
Package & bundled
[[Definition:Business owner policy (BOP)]]
[[Definition:Commercial combined insurance]]
[[Definition:Industrial all-risks insurance]]
HEALTH INSURANCE — RETAIL (INDIVIDUAL / FAMILY)
Core medical
[[Definition:Private medical insurance (PMI)]]
[[Definition:Individual health insurance]]
[[Definition:Family health insurance]]
[[Definition:Hospital indemnity insurance]]
[[Definition:Surgical expense insurance]]
[[Definition:Supplemental health insurance]]
[[Definition:Out-patient insurance]]
[[Definition:Dental insurance]]
[[Definition:Vision insurance]]
[[Definition:Prescription drug insurance]]
[[Definition:Maternity insurance]]
Critical illness & income protection
[[Definition:Critical illness insurance (CI)]]
[[Definition:Cancer insurance]]
[[Definition:Heart and stroke insurance]]
[[Definition:Income protection insurance (IP)]]
[[Definition:Short-term disability insurance (STD)]]
[[Definition:Long-term disability insurance (LTD)]]
[[Definition:Permanent total disability insurance (PTD)]]
Long-term care
[[Definition:Long-term care insurance (LTC)]]
[[Definition:Home care insurance]]
[[Definition:Nursing home insurance]]
Travel & expatriate health
[[Definition:Travel medical insurance]]
[[Definition:International private medical insurance (IPMI)]]
[[Definition:Expatriate health insurance]]
[[Definition:Medical evacuation insurance]]
[[Definition:Repatriation insurance]]
Wellness & supplementary
[[Definition:Wellness program insurance]]
[[Definition:Mental health insurance]]
[[Definition:Alternative and complementary medicine insurance]]
[[Definition:Personal health excess insurance]]
[[Definition:Second medical opinion insurance]]
HEALTH INSURANCE — COMMERCIAL / GROUP
Group medical
[[Definition:Group medical insurance]]
[[Definition:Employer-sponsored health insurance]]
[[Definition:Self-insured health plan]]
[[Definition:Stop-loss insurance]]
[[Definition:Aggregate stop-loss insurance]]
[[Definition:Specific stop-loss insurance]]
[[Definition:Mini-medical insurance]]
Group disability & income
[[Definition:Group disability insurance]]
[[Definition:Group short-term disability insurance]]
[[Definition:Group long-term disability insurance]]
[[Definition:Group income protection insurance]]
[[Definition:Group critical illness insurance]]
Group supplementary benefits
[[Definition:Group dental insurance]]
[[Definition:Group vision insurance]]
[[Definition:Group life and health combined plan]]
[[Definition:Employee assistance programme insurance (EAP)]]
[[Definition:Group long-term care insurance]]
[[Definition:International group medical insurance]]
[[Definition:Global benefits programme]]
Managed care structures
[[Definition:Health maintenance organisation plan (HMO)]]
[[Definition:Preferred provider organisation plan (PPO)]]
[[Definition:Exclusive provider organisation plan (EPO)]]
[[Definition:Point-of-service plan (POS)]]
[[Definition:Managed care overlay]]
REINSURANCE (CROSS-LINE)
[[Definition:Treaty reinsurance]]
[[Definition:Facultative reinsurance]]
[[Definition:Proportional reinsurance]]
[[Definition:Quota share reinsurance]]
[[Definition:Surplus share reinsurance]]
[[Definition:Non-proportional reinsurance]]
[[Definition:Excess-of-loss reinsurance (XoL)]]
[[Definition:Per-risk excess-of-loss reinsurance]]
[[Definition:Per-occurrence excess-of-loss reinsurance]]
[[Definition:Aggregate excess-of-loss reinsurance]]
[[Definition:Stop-loss reinsurance]]
[[Definition:Catastrophe bond (cat bond)]]
[[Definition:Industry loss warranty (ILW)]]
[[Definition:Sidecar reinsurance]]
[[Definition:Retrocession]]
[[Definition:Life retrocession]]
[[Definition:Finite reinsurance]]
[[Definition:Loss portfolio transfer (LPT)]]
[[Definition:Adverse development cover (ADC)]]
|