Scott Huibregtse

How Is An Insurance Policy Like A Loan?

Written by
October 23rd, 2012

Insurance companies and banks are often compared to one another. Both need to underwrite a customer. Banks underwrite to fund capital or access to capital. Insurance companies do the same when there is loss that needs to be funded. Thus, the insurance company is often called a crisis banker. Another similarity is that losses/profits for» Read Full Article