What is reinsurance?
Do you need to worry about reinsurance as a consumer? Bankrate explains what it is and how it works.
6 min read
Jan 28, 2025
Joy MacArthur
Underwriter, Expert Reviewer
-
17Years of experience
EXPERTISE
- Underwriting
- Life Insurance
- Traditional Life Insurance
- Life Insurance Underwriting
EDUCATION
- Bachelor of Music Education, University of Minnesota - Twin Cities
Joy MacArthur is an experienced life underwriting professional and medical/life underwriting nerd with 15 years of experience in the life insurance business. As a child, she was so interested in medical terminology and information that she used to read the encyclopedia for fun. Her family used to joke that she was a walking Physician’s Desk Reference, because she could always tell them what they might expect for side effects and interactions with medications.
She is also a passionate diversity, equity, inclusion, and belonging champion with 5 years of experience developing cross-functional partnerships and promoting accountability and awareness around visibility and intersectionality.