> For the complete documentation index, see [llms.txt](https://docs.takadao.io/takadao-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/introducing-dynamic-underwriting.md).

# Introducing Dynamic Underwriting

The Takadao underwriting and risk management algorithm departs from conventional underwriting in the following ways. 

* Absence of external capital providers
* Fluctuating reinsurance protection
* Self-adjusting in real-time based on constant input of data