unaffiliated business
An unaffiliated business involves insureds not in the same corporate organization (less than 50 percent ownership) or not under common management control.
unaffiliated business
An unaffiliated business involves insureds not in the same corporate organization (less than 50 percent ownership) or not under common management control.
Additional Information
It is also known as unrelated or open market risk or insurance of noncontrolled entities.
Synonyms
open market risk
