However, the risk manager should always be kept in-
formed of activity.
CONTRACT REVIEW
The typical method of providing underwriting data to
the market is through questionnaires. This is an excellent
starting point; however, a thorough review should always
include analysis and review of the contract, terms of sale,
terms of payment, and other documents relating to the
exposure. This will help ensure that the proper coverage is
obtained, the underwriter thoroughly understands the
risks, and any questions as to intent are answered clearly.
Changes often can be obtained by altering contract word-
ing, terms of sale, and so on, which could greatly reduce ex-
posure and increase underwriting ability.
POLITICAL RISK INTELLIGENCE
Political risk insurance focuses ...