Underwriting guidelines allow you to choose the minimum grades for each risk vector that can be used to compare against a company’s risk vector grades.
Many insurance carriers have their own nuanced view of what makes an insurance applicant risky through the lens of Bitsight data. Not every risk vector (graded good or bad) is relevant in making an underwriting decision. Underwriting Guidelines allows them to pick and choose which risk vectors to include in an underwriting decision.