Field underwriting is primarily a responsibility of which professional?

Field underwriting is primarily the responsibility of the insurance agent. This role involves assessing risk and determining the insurability of a potential client before a policy is issued. The insurance agent collects pertinent information from the applicant, including details about their background, property, and other risk factors that may influence underwriting decisions.

By gathering this information, the insurance agent helps to ensure that the insurance company takes on appropriate risks and establishes rates that reflect the true level of risk being assumed. The agent's role as the first point of contact allows them to clarify the applicant's needs, recommend suitable coverage options, and accurately assess the insurability of the applicant based on established underwriting guidelines.

In contrast, an insurance adjuster focuses on investigating and settling claims after an insurance event has occurred, while a claims processor handles the paperwork and administration of claims. A risk analyst typically evaluates broader trends and risks for an entire portfolio rather than engaging with individual clients on the ground level for underwriting purposes.