Medi Assist Healthcare IPO

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Insurance

Fronting

Insurance can be a complex world, with various terms and concepts to navigate. One such term is fronting, a practice where a primary insurer issues a policy but transfers the entire risk to a reinsurer in exchange for a commission. This is common in cases where the fronting insurer is licensed to operate in a specific country, but the reinsurer is not. Typically, the reinsurer is a captive or independent insurance company that is unable to sell insurance directly in that country.

Production

As a professor of finance, I would like to discuss the key role of selling in insurance operations. It is an essential function that involves identifying potential customers...

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Per-service deductible

A physician visit entails a service fee that is charged for each appointment. This fee is an essential aspect of healthcare financing and is determined by various factors, s...

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Conditional Receipt

A policy owner will receive a receipt upon paying a premium at the time of application. This receipt serves as a binding agreement between the insurance company and the owne...

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Accumulation Period

The period of time between the initiation of a policy and the point at which benefits are disbursed is known as the waiting period. This duration is determined by the indivi...

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