Underwriting rules are used to add or remove line items or category options when a specified category option is selected while building a policy.
Restricted to IWS staff and client engineers.
A single set of instructions with one or more trigger(s) and effect(s).
The cause part of a rule:
- If there is more than one trigger, all must be true to achieve the desired effect. That is, triggers for a rule use and logic. For example, if the policy form is Form 1 AND the protection class is Protected, add a discount
- If a trigger has more than one value then either value can be true to achieve the desired effect. That is, separate values for a trigger use or logic. For example, if the policy form is Form 1 or Form 2 and the protection class is Protected, add a discount
Triggers can referece
- A Category of a line item
- A supplemental Question of a line item
- A Limit of a line item
The action that results from the trigger:
- Since effects cannot have multiple values, effects use and rather than or logic
- Add or remove... adds or removes the line item, subline, or category
- Mandatory adds the line item or subline where the user cannot remove it
- Hard reverse removes the line item or subline when the triggers are no longer true
- Add optional or remove optional... adds or removes the line item, subline or category with the ability of the user to later delete or re-add it
- Set category option explicitly sets the category
- Add Popup Message allows the user to create a custom popup message that appears when the triggers of the rule are true
A tool to copy a rule.
Do Not Cross Sections
Recall the Lines module has Primary Exposures and Policy Wide sections. As these sections are mutually exclusive, underwriting rules do not apply across sections. For example, a trigger in one section cannot have an effect in the other section.
Example 1: One Trigger, Multiple Effects with and Logic
If the Dwelling Type is Primary Residence,
then add the HO3/4 Family subline and Roof Exclusion.
Example 2: Multiple Triggers with and Logic, One Effect
If the Dwelling Type is Primary Residence and the Form/Number of Families is HO3/4 Family,
then add the HO3/4 Family subline.
Example 3: Multiple Triggers with or and and Logic, One Effect
If the Dwelling Type is Primary Residence or Secondary Residence and the Form/Number of Families is HO3/4 Family,
then add the HO3/4 Family subline.
Example 4: One or Trigger, One Effect
Individual triggers use and logic. To apply or logic, create separate rules.
If Farm Machinery of various kinds (cotton pickers, irrigation, combines, etc.) are leased,
then add the Farm Machinery Coverage: Leased Equipment line item.
- Navigate to Settings > System Wide > System Tags
- Select the Underwriting Rule tag
- Select the Effective Date
- Click the Tag New Items button
- Select Line Items
- Either search for a specific line item or click the Magnifying Glass to view all line items
- Check the box for each line item that will have underwriting rules applied
Underwriting Rule Setup
- Navigate to Lines > Effective Date > Underwriting > Rules
- Choose the Policy Type
- Click + to add a rule
- Add a Rule Name
- Add a Rule Description that describes briefly what the rule does
- Set the Category Scope
- Target a Category of a line item
- Target a line item in the Policy section of Builder (Policy Wide)
- Terget a line item in the Property section of Builder (Primary Exposures)
- Set the Module Scope as to whether this rule applies to the Administrative Portal (BriteCore), the Agent Portal (BriteQuote) or both
- Build the rule using the logic above
- Verify the rule is functional by creating a policy
Add a Custom Popup Message
Add Popup Message is an effect that generates a custom popup message when the triggers of the rule are true.
- Navigate to Lines
- Select the applicable Effective Date
- Navigate to Underwriting > Rules
- Select the applicable Policy Type
- Click pencil icon to edit a rule, or add a new rule
- Click Add Effect
- Select Add Popup Message from the Action dropdown list
- Enter the custom text you want to appear in the popup into the textbox
- Click Save
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