Managing resources on your underwriting team is a tricky balance. In fact, I’ve often heard to it referred to as a game of chess. Like chess, it requires you to always be looking ahead and making the right move at the right time. But even the most skilled chess players encounter challenges. When they are challenged, what do they do?
Instead of hastily making a move, they step back and take a hard look at what’s in front of them. They carefully consider the possible outcome of the chess piece they are about to move. They anticipate what move their opponent may make and the impact their move may have. Then they carefully and methodically move their chess piece.