Graduate Essay Writers
Only the finest writers are selected to be a part of our team, with each possessing specialized knowledge in specific subjects and a background in academic writing..
Order for this Paper or similar Assignment Help Service
Fill the order form in 3 easy steps - Less than 5 mins.
Posted: April 30th, 2022
995: Strategic underwriting
995: Strategic underwriting
Coursework – assignment 2
Coursework submission rules and important notes
Before you start your assignment, it is essential that you familiarise yourself with the information in the
Coursework Support Centre.
Please note the following information:
• This assignment must not be provided to, or discussed with, any other person regardless of whether they
are another candidate or not. If you are found to have breached this rule, disciplinary action may be taken
against you.
• Important rules relating to referencing all sources including the study text, regulations and citing statute
and case law.
• Penalties for contravention of the rules relating to plagiarism and collaboration.
• Coursework marking criteria applied by markers to submitted answers.
• Deadlines for submission of coursework answers.
• You must not include your name or CII PIN anywhere in your answer.
• There are 80 marks available per coursework assignment. You must obtain a minimum of 40 marks (50%)
per coursework assignment to achieve a pass.
• Your answer must be submitted on the correct answer template in Arial font, size 11.
• Each assignment answer should be a maximum of 3,200 words. The word count does not include labels
and headings however, it does include text and numbers contained within any tables or diagrams you
choose to use. The word count does not include referencing or supplementary material in appendices.
Please be aware that at the point an assignment answer exceeds the word count by more than 10%
the examiner will stop marking.
Top tips for answering coursework assignments
• Read the Specimen coursework assignment and answer, available on the unit webpage.
• Read the assignments carefully and ensure you answer all parts of the assignments.
• For assignments relating to regulation and law, knowledge of the UK regulatory framework is appropriate.
• There is no minimum word requirement, but an answer with fewer than 2,800 words may be insufficiently
comprehensive.
Copyright © 2022 The Chartered Insurance Institute. All rights reserved.
Assignment 2
You are the Chief Underwriting Officer (CUO) for TX plc, a global commercial and personal lines insurer with
offices worldwide. The majority of its business is distributed through brokers, with good service being an
integral part of its offering. In recent years, TX plc has won several ’employer of the year’ awards.
TX plc’s planned growth and profitability has been adversely impacted as a result of a pandemic. This
pandemic has resulted in changes to TX plc’s business, as follows:
• Fewer commercial policyholders, caused by a significant number of businesses closing.
• An increase in debt, due to late payment or non-payment of policyholders’ premiums.
• A reduction in the amount of cover required and reduced uptake of policy add-ons.
• A loss of personal lines policyholders to competitors offering lower premiums.
Other changes to TX plc’s business include employees primarily working from their homes. This has resulted
in the following:
• More efficient processing and fewer errors when drafting policy wordings.
• Decreased employee interaction and morale.
• Limited training and development of underwriters.
• Reduced opportunities for knowledge sharing.
As a result of the pandemic, the Board of TX plc has asked you to consider how TX plc can effectively
manage this reduction in growth and profitability, whilst ensuring an efficient and satisfied workforce.
Question
• Explain briefly, three significant strategic underwriting issues that have arisen from the changes to TX
plc’s business, as a result of the pandemic.
• Analyse the extent to which these significant strategic underwriting issues are being managed to ensure
growth and profitability.
• Recommend, based on your analysis, how TX plc should manage these strategic underwriting issues to
ensure growth and profitability.
995/2022 995: Strategic underwriting 2
Copyright © 2022 The Chartered Insurance Institute. All rights reserved.
Why Seek Our Custom Writing Services
Every Student Wants Quality and That’s What We Deliver
Affordable Prices
We balance affordability with exceptional writing standards by offering student-friendly prices that are competitive and reasonable compared to other writing services.
100% Plagiarism-Free
We write all our papers from scratch thus 0% similarity index. We scan every final draft before submitting it to a customer.
How it works
When you opt to place an order with Nursing StudyBay, here is what happens:
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.