Page Comparison

Turn on multiple layers

Turn on/ off the layers of the product premium. See https://contemi.atlassian.net/wiki/spaces/SHC/pages/1999175681/Binders#Layers-of-binders-definitionBinders#Define-Layers

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:

• Select Carrier

• Carrier Name

• Carrier Address

• Carrier Postcode

• Carrier City

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 (See Carriers). 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.