Definition
The process of evaluating the risk of insuring or lending to an applicant, and setting the terms accordingly.
Business Importance
Underwriting support is one of the highest-value BFSI functions to outsource precisely because it requires trained analysts, not just data entry — Infusion BI's KPO capability is built around this kind of document verification and risk-support work.
Industry Examples
An underwriting support analyst verifying income documents and credit history before a loan officer makes a final approval decision.