Apologies, we are behind the times but hoping that those that have been using Add-on marketplace for a number of years may be able to help.
I am currently looking to introduce Add-on Marketplace into our Personal Lines team.
From my understanding add-ons created via add-on marketplace will be created on level 2 as a New Business every year and automatically marked as non-renewable, whether they are actually new business or a renewal.
This means that when a client has been with us a number of years we will have umpteen level 2's for add-ons such as Legal Expenses & Breakdown, which my MD isn't happy about. Not only that but it will distort our figures as the transaction is listed as a new business rather than a renewal (where appropriate).
Is my understanding correct and we just have to live with this or is there a way round it please?
So #BIBA for Real is back! Anyone else going?
Handy Tip - "Speak to more people you don't know, than those you do know"
You can thank me later - with flowers 🌻 💖
Great to meet back up with the Open GI User Group Committee after soooooo many sessions on remote links
Breaking bread face to face is much more pleasant than a cup-of-soup in between video chats
Exciting times ahead for members and lot's of new stuff coming from Open GI
So - what is the point of this ..
Don't tell me even if you say "Yes" - it's actually being ignored?
Why would anyone restrict Sanctions Checks to specific Client / types - let alone specific Capture Page Layouts - SURELY a Yes/No per Client / Contact - and the existing global parameters - covers all the bases. Oh and where in the manual did it not explain this?
Either way - the Yes/No below is at best misleading for operators and at worst - a breach for the business!! Who's picking up that cost ...
So, we find ourselves in modern day unprecedented time. Governments around the world are applying strict sanctions against Russian companies and individuals and it's being made very clear that action will be taken if those sactions are ignored.
For most of us, this will not be an issue but what if you do have a sanctioned individual or company? Are you checking? Are you relying on Open GI Sanctions checking?
First of all, have you got Broker and Prospect Amendment completed under sanctions checking to review Commercial Risks? Using the Level 1 Contacts on a Commercial master frame will also Sanction check whoever or whatever you put in for review.
However, what about your personal lines clients? The client level is checked sure, but what about the contacts you've added?? Well, if you're not aware, be aware. They don't get checked. So, if you've corrected added a contact for a joint policyholder on a Home policy for example, just hope you've either got them insured in their own right somewhere or that they are not called Abramovich!
The point of Sanctions checking is that you have a record of the checks, in the event of something being highlighted. Open GI have gone to the trouble of making this work for the Commercial risks but not Personal Lines.
However, your User Group Committee have raised this issue and will continue to apply pressure until something is done.
Question
Clare Carter
Apologies, we are behind the times but hoping that those that have been using Add-on marketplace for a number of years may be able to help.
I am currently looking to introduce Add-on Marketplace into our Personal Lines team.
From my understanding add-ons created via add-on marketplace will be created on level 2 as a New Business every year and automatically marked as non-renewable, whether they are actually new business or a renewal.
This means that when a client has been with us a number of years we will have umpteen level 2's for add-ons such as Legal Expenses & Breakdown, which my MD isn't happy about. Not only that but it will distort our figures as the transaction is listed as a new business rather than a renewal (where appropriate).
Is my understanding correct and we just have to live with this or is there a way round it please?
Thanks
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