Glossary

Special Risks

A term used to denote those accounts whose premium size, unique exposures, or other characteristics are such that they require specialized handling by an underwriting operation specifically set up for that purpose. What constitutes a "special risk" varies by insurer.

Definition provided by the International Risk Management Institute (IRMI) Glossary of Insurance.

-- This content is provided for educational purposes only and may not be suitable for all circumstances. --

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