Who is responsible for checking if policies are being sold or not?

The underwriting department is primarily responsible for evaluating and assessing the risk of insuring potential clients and determining the terms and conditions of insurance policies. One of their functions includes monitoring the effectiveness of the products being offered, which encompasses checking if policies are being sold or not. Their assessment helps in ensuring that the insurance company maintains a balanced portfolio and safeguards against excessive risk.

While agents and sales representatives play an active role in selling policies, their focus is mainly on the direct interaction with clients and selling the products. They may report sales figures but do not typically have the overarching responsibility of overseeing whether policies are being marketed or sold effectively. The claims adjusters, on the other hand, are involved post-issuance, managing claims and ensuring that the insurance company fulfills its obligations to policyholders.

Therefore, the underwriting department’s role encompasses the broader oversight over policy sales, which is why that choice is the most appropriate in this context.