insurance industry
Coverage sector collectively
The insurance industry comprises companies that provide financial protection against risk—life insurers, health insurers, property and casualty insurers, and reinsurers who insure the insurers.
The industry employs actuaries to calculate risk, agents to sell policies, and adjusters to evaluate claims.
She spent her career in the insurance industry.
Critics note the industry's incentive to collect premiums while minimizing payouts.
- pre-existing conditionHealth issue before coverage
- coverage gapUninsured interval within plan
- umbrella policySupplemental liability insurance
- brokersTransaction intermediaries
- policy renewalExtending an existing agreement
underwriters · regulators · actuaries · policyholders · fraud detection · agents · risk assessment · risk pool · denial letter · cancellation notice · reinsurers · claims processing · claims adjusters · Lloyd's of London · deductibles · fine print · indemnity · act of God
- insurancecoverage, underwriting, premium, claims, policyholder
- Trieste historyTrieste, Nazi occupation, Austrian Empire, Maximilian, Cold War tensions
- Waterloo RegionWaterloo, Kitchener, Cambridge, twin cities, Elmira
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- institutionsacademy, government, public hospitals, museum, public libraries
insurance industryself-insurance
Assuming risk personally
gambling · uninsured · personal liability · personal savings · emergency fund
insurance industrycharity
Voluntary aid for others
humanitarian aid · charitable organizations · emergency relief · welfare system · philanthropy
insurance, industry, insure, insured, insurer, insurers, insures, insuring, uninsured