13 02, 2020

How do P&C insurance companies make money?

2020-02-13T05:22:40+00:00February 13, 2020|Insurance|0 Comments

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| ByWinsurtech

Introduction to P&C (Property and Casualty) insurance Insurance is defined as a contract in which an individual or organization receives financial protection and reimbursement of damages from the insurer or the insurance company. On a basic level, Insurance is some form of protection from any unpredictable [...]

8 01, 2020

How does an insurance company calculate profits?

2023-04-25T11:19:19+00:00January 8, 2020|Insurance|0 Comments

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| ByWinsurtech

Outsource your P&C Software to Expert Developers Introduction Every business works with the intent of making a profit. The success of every business depends on its ability to constantly earn profits. Profit, in business usage, is the excess of total revenue over total cost during [...]

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