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Fields | Description |
|---|---|
Unique Market Reference | The unique reference allocated to the binding authority contract by the Lloyd’s market. Must be provided and unique. |
From Date To Date | Effective date of the binder. Display as dd/mm/yyyy - dd/mm/yyyy |
Carrier:
| Capturing the insurer’s: name, address, postcode, city. If users select an existing carrier, the fields are auto-prefilled with the carrier’s information which have been setup in Carrier list. Users can edit the information and it’s only reflected in Binder list, the original carrier isn’t affected. The “Select carrier” function is optional. Users can input their own set of carrier info. The input doesn’t create any new record in Carrier list. |
Line of Business | Dropdown list incl. all predefined items, e.g. Motor/Property/Personal Accident. |
Section No. | The number of the section from the binding authority contract which authorizes this class of business to be written. |
Commission (%) | Capturing the maximum commission percentage that the coverholder can receive as stated in the agreement. |
Broker Commission (%) | Capturing commission percentage that being deducted for brokerage. |
CARRIERS
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Actions on Binders/Carriers
Actions | Description |
|---|---|
 | Clicking this button opens the Edit popup for a particular record. Users can make amendment to any fields. |
 | Clicking this button to trigger the record deletion. Once confirmed, the record is deleted. Binders:  Carriers:  |