A underwriters Function in life is this by definit
Post# of 96879
Posted On: 10/05/2015 8:43:42 AM
Re: DirkDiggler85 #34089
A underwriters Function in life is this by definition but i think they bring more to the table as they also on in it for you to SUCCEED!
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In insurance, underwriting is to sign and accept liability and guaranteeing payment in case loss or damage occurs. Underwriting is provided by a large financial service provider such as a bank, insurer or investment house. The name derives from the Lloyd's of London insurance market.
I would only be guessing...... but I would think they are in sorts a partner.... which will give Business advice on strategic strategies maybe... and using the NTEK shares to resell/barter them for rights and or cash to operate for NTEK...I have asked to better understand their roll myself..
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In insurance, underwriting is to sign and accept liability and guaranteeing payment in case loss or damage occurs. Underwriting is provided by a large financial service provider such as a bank, insurer or investment house. The name derives from the Lloyd's of London insurance market.
I would only be guessing...... but I would think they are in sorts a partner.... which will give Business advice on strategic strategies maybe... and using the NTEK shares to resell/barter them for rights and or cash to operate for NTEK...I have asked to better understand their roll myself..
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