Two main categories of exclusion in technical insurance are moral hazards and correlated losses.  With a moral hazard, the consequences of the client`s action are assured, which increases the likelihood that the client will take costly action. For example, bedbugs are generally excluded from homeowners` insurance to avoid paying for the consequence of the careless introduction of a used mattress.  Insured events are generally those that are outside the control of the customer, z.B. in life insurance, death by car accident is usually covered, but death by suicide is generally not covered. Related losses are those that simultaneously affect a large number of customers and are therefore at risk of bankruptcy. For this reason, typical homeowners` guidelines cover damage caused by fire or falling trees (usually only one house), but not floods or earthquakes (which affect many homes at the same time).  In the banking sector, the subsystem is the detailed credit analysis that precedes the granting of a loan, based on the credit information provided by the borrower; Such an acquisition is in several areas: once the insurance agreement is concluded, the insurer bears the risk of not being able to sell the underlying securities and the costs of keeping them on their books until they can be sold in the future. Insurers may refuse risk or submit an offer in which premiums have been charged (including the amount required to make a profit, in addition to expense coverage) or exclusions that limit the circumstances under which a fee would be paid. Depending on the type of insurance product (sector), insurance companies use automated insurance systems to frame these rules and reduce manual efforts related to bid processing and policy issuance. This is particularly the case for some simpler life or private insurance (self-owned, homeowner).
However, some insurance companies rely on agents who work for them. This agreement allows an insurer to operate in a market closer to its customers without having to establish a physical presence. Underwriting (UW) Services are provided by certain large financial institutions such as banks, insurance companies and investment houses, guaranteeing payment in the event of damage or financial loss and accepting financial risk for liability for such a guarantee. An insurance agreement can be established in a number of situations, including insurance, public offering security issues and bank loans. The person or institution that agrees to sell a minimum number of company securities for a commission is referred to as underwriter. The following types of technical contracts are the most common: A standby agreement is used in combination with a pre-emption offer. All standby stops are made on a fixed commitment basis. The standby underwriter agrees to buy shares that current shareholders do not buy. The standby underwriter will then sell the titles to the public.
The acquisition of securities is the process by which investment banks raise investment capital from investors on behalf of companies and governments that issue securities (both equity and external capital). The services of an insurer are generally used in the context of an IPO in a primary market.