Which of the following insurer departments is typically best

Which of the following insurer departments is typically best able to provide the risk control department with information about frequency and severity of losses by type of insurance, by cause of loss, by the kind of business the insured engages in, and by worker occupation?

Select one:

a. Marketing and Sales

b. Underwriting

c. Producers

d. Claims

Solution

d: Claims

(The MArketing and sales department is engaged in promoting the business of the insurance company. The underwriting department is engaged in evaluating the risk of insuring a house or property. The producers department An insurance producer is an individual or business entity authorized to sell or negotiate insurance. Claims department has the details of all claims submitted by people/entities. Hence it can provide the data.)