Description
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.An entity which provides Insurance is known as an insurer, insurance company,
Event Details
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.An entity which provides
Insurance
is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the risk is too large for the primary insurer to carry.
Insurance
is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the risk is too large for the primary insurer to carry.
Premier Event Photos
People Attending
Event Feed
Also See other Events Listed in Tampa
Salsa Sounds with Point 6 at The Tampa Edition Rooftop May 3 | 7:30 PM | Friday
at The Tampa EDITION Punch Room Presents: Atwater Cocktail Club Takeover May 9 | 8:00 PM | Thursday
at The Tampa EDITION Skyline Sounds with Ken Apperson at The Tampa Edition Rooftop May 11 | 12:00 PM | Saturday
at The Tampa EDITION Chill Grooves with DJ Muto at The Tampa Edition Rooftop May 11 | 8:00 PM | Saturday
at The Tampa EDITION Mother’s Day: Under the Palms May 12 | 10:00 AM | Sunday
at The Tampa EDITION
at The Tampa EDITION Punch Room Presents: Atwater Cocktail Club Takeover May 9 | 8:00 PM | Thursday
at The Tampa EDITION Skyline Sounds with Ken Apperson at The Tampa Edition Rooftop May 11 | 12:00 PM | Saturday
at The Tampa EDITION Chill Grooves with DJ Muto at The Tampa Edition Rooftop May 11 | 8:00 PM | Saturday
at The Tampa EDITION Mother’s Day: Under the Palms May 12 | 10:00 AM | Sunday
at The Tampa EDITION