There are two ways to add an insurer, via adding a new or existing insurance policy or by inviting them to quote with an insurance engagement.

Inside this article we will cover:

1. Add My Team - Your Insurer Panel
2. Add an Insurance Engagement - Your quote room
3. Assign Assets
4. Create Broker Summary
5. Add Insurers and Broker Documents
6. Approval Required to Release Data Before Sharing with Insurers

Role Permissions: Broker

We recommend adding your Insurer Panel first, so you can assign them to the insurance engagement.

Notes: A broker can add an Insurer as a team member and then initiate the activation/invite of an insurer for the specific asset/s the Broker has been assigned to via a Letter of Engagement (LOA) from the Master Asset Contact (MAC) - and then begin an insurance engagement.

Steps

1. Add My Team - Your Insurer Panel

These steps are completed by the Broker.
What's my role again? I need a refresher

Complete First Steps - At your first login as a Broker, your home page will present you with 'First Steps'. Follow the prompts to provide details on:
- Add My Team
  - You can add more Brokers from your broker team to support you in Broker activities.
  - Add Insurer's so you can invite them to quote or agree to place on Insurance Policies.

Bulk Upload Insurers

First-Time Broker users
We recommend bulk uploading 'My Team' (your insurer panel) for a smoother experience. This saves you from manually adding insurers each time you create a new Insurer Engagements or Insurance Policies.

As a Broker Here are the Steps To Add Insurers

Go to 'My Team'
Click 'Add new team member'
Select 'Bulk Upload' or Single Add
Download a copy of the template and enter the details of the insurers for a bulk upload.
- Edit, then complete all fields in the sheet and save this on your desktop or a safe place
Upload your template
Review your upload details and click 'Next'
Finalise and click 'Submit'
If you receive any highlighted in red - this means some details needs to be reviewed and updated before you can submit. Click on the 3 menu dots to review/edit.

Done! The users are now uploaded in 'My Team' and form your personal Insurer panel. You can now assign these users to an Insurer Engagement or Insurance Policy.

Important Note

A new insurer is sent an invitation to register only when assigned to an insurance engagement or policy. Upon assignment and after registration, they gain immediate access to the Broker-created Insurer Summary or Insurance Policy.
The status of a new user will be 'Pending' until they register, once registered, they will show as 'Onboard'

See our video on this step

2. Add an Insurance Engagement - Your quote room

These steps are completed by the Broker. What's my role again? I need a refresher

TIP: Creating an Insurer Engagement allows you to digitally share information with insurers, streamlining processes and boosting efficiency for all users.

You want to make sure all your data is up to date as this is what will be submitted with the assets selected.

Add New Insurer Engagement.png

3. Assign Assets

This is where you will begin the process to select and assign the assets you want the insurers to assess when you establish a new insurer engagement.

4. Create Broker Summary

The Broker Summary is a draft summary essentially providing an underwriting matrix and data relating to your selected assets to help prepare your broker pack for your client.

Once you have viewed the broker summary page and downloaded data you can move to adding insurers and the relevant documents.

5. Add Insurers and Broker Documents

Add your insurers. A pop up will open to show you the insurers you have added to your team.

If you need to add an Insurer not listed - you will need to go back to step 1.

When you get to Add Documents - You can add the following documents here as well.

Broker underwriting pack
Quote Slip
Policy Wording
Risk Report
Claim Experience

You can edit the insurer engagement when in Broker Summary mode. You will need to submit to the client for approval which then locks editing and after approval you will have access to more data for the insurers to quote and you can edit by adding more documents or adding more insurers if you choose.

6. Approval Required to Release Data Before Sharing with Insurers

When you 'Submit' your broker summary with the relevant assets, insurers and broker pack documents this will be sent to the MAC - Master Asset Contact for approval to release the data.

MAc to approve insurer engagement to be sent.jpg

7. Approved - Now Share with Insurers

You will receive a SMS notification and platform alert once the data release has been approved by the client, (MAC).

You will then have the opportunity to share the insurance engagement with insurers. This is when the Insurer will receive an alert they have been added to view data and underwrite.

Simply go to insurance > insurance engagement >and select the correct insurance engagement and click 'share with insurers'.

Approved Data - Share with Insurers.jpg