Quote Validity (Days)

The number of days that quotes are valid from the created date. After quote validity period, if quotes are not purchased, they are set to state “Expired”.

Expired Quote Discard Period (Days)

The number of days that the expired quotes will be discarded automatically by the system.

Policy Automatic Emails

Check box, if ticked, policy emails are automatically sent out after purchase.

Quote Email Recipient

Policy Email Recipient

Two possible answers, “Seller’s Email” and “Customer’s Email”:

• If “Seller’s Email” is selected, emails are sent to the user who creates the quotes/policies.

• If “Customer’s Email” is selected, the recipient is the customer to whom the quotes/policies belong.

Sales discount levels configuration:

• Sales Discount Level 1

• Sales Discount Level 2

• Sales Discount Level 3

These are tied to Sales Discount permissions each of which is for a level.

For example:

A user has “Sales discount level 2” permission, and the configured value for “level 2” is “30” as in the screenshot above. This user can only input a discount percentage up to 30% during quote acceptance.

Policy Summary Document Template

Policy Summary Email Template

It uses the selected document/ email template to generate policy summary documents/ emails. This is at the system level, not the product level.

Quote Summary Document Template

Quote Summary Email Template

It uses the selected document/ email template to generate quote summary documents/ emails. This is at the system level, not the product level.

Shared Lookup

The shared lookup data can be used in any product. Examples are TaxRates, PostCodeToCountyMapping, City, etc.

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. 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.

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:

Clicking this button opens the Edit popup for a particular record. Users can make amendment to any fields.