Published on in “Business, Business”, language — English. 2 pages.
There is no standard definition for specialty insurance, Insurance is an effective way to manage risk wherein one can transfer the cost of a potential loss under certain circumstance to the insurance company in exchange of fees also known as premium. In this report, specialty insurance includes high-hazard insurance, non-standard general insurance, niche market segments, bespoke underwriting, and excess and surplus lines insurance. More
