This ensures continuous connection and faster data transfers for mobile phones. The advantage is that NAI is able to sustain a large volume of calls as a company. Disadvantages include insecurity concerns, small screens make it hard to use as information channels. In addition, mobile phones are more suitable for direct sales.Insurance risk surveyors are responsible for identifying financial risks likely to occur after offering insurance coverage for sites, properties, or items. The surveyor formulates a detailed report regarding the suitability of offering coverage to the industrial estate. Upon approval, the surveyor formulates another report on the basic improvements needed to reduce risk. The report is proofread before handing it to the manager. Typical insurance risk surveyors’ responsibilities include: recording these analyses on templates, collating and analyzing risk information, and keeping up to date with technical factors that affect risks. This includes: legislation changes, trade processes, and technological developments. After the proposed implementation of the improvements, the necessary grades are allocated to the industrial estate. This allows the company to monitor its returns and predict future outcomes concerning the industrial estate. In addition, it also allows the insurer to keep up with the current and future competition in the market.Underwriting practice encompass risk taking. However, currently business environment is complex and achieving great success in becoming increasingly difficult. A considerable value is added to small businesses through the establishment of legal partnership. The challenge however includes:. Underwriting Practice.
Works CitedThe Chartered Insurance Insitute (CII). Underwriting practice. 2008.
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