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During group underwriting, large groups have to be rated based on the insurer's experience with groups of similar type and size, while small groups can be rated on their own experience.
Geographic Design
A spatial arrangement or planning strategy that considers geographical factors, such as location and physical space, in its implementation.
Geographic Design
Refers to the strategic planning and arrangement of geographic locations and spaces to achieve specific objectives or outcomes.
Specialized Activities
Specialized activities refer to tasks, operations, or processes that require specific expertise or focus in a particular field or area of knowledge, often contributing to more efficient and effective outcomes.
Network Design
The planning and structuring of a network, including the selection and interconnection of network components, to meet specific business or operational requirements.
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