Glossary

The "D" ratio is a factor used in the experience rating plan to separate the expected losses into primary and excess losses.

Designated Underwriting Authority Enterprises (DUAE), as promulgated by A.M. Best, is used as a performance assessment to evaluate an entity’s relative ability to perform services on behalf of its insurance partners. Examples include managing general agents (MGAs), managing general underwriters (MGUs), coverholders, program administrators, program underwriters, underwriting agencies, direct authorizations, and appointed representatives. Factors evaluated include sustained growth and global resilience, sufficient capacity, expertise, talent, and technology.

A domestic surplus lines insurer is a surplus lines insurer that is domiciled and licensed in the same state. A surplus lines insurer may be barred from selling surplus lines coverage in its state of domicile.