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So far webner has created 328 blog entries.

15 12, 2021

Basic Structure of AL3 File

2023-04-24T06:31:43+00:00December 15, 2021|Cloud, Insurance|0 Comments

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| ByWinsurtech

Basic Structure of an AL3 file: AL3 file includes two types of groups: Transaction Groups: Carries data related to the transaction between the source and destination Data groups: Carries the data of the policy. Transaction Groups: 1MHG: The Message Header Control Group This is the first [...]

13 12, 2021

What kind of data is collected and coverage is provided in inland marine personal insurance?

2023-04-24T07:18:59+00:00December 13, 2021|Insurance|0 Comments

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| ByWinsurtech

Overview Personal inland marine insurance protects personal property that may not be covered under the traditional homeowners' insurance policy due to the various exclusions and limitations on homeowners’ coverage. Personal Inland Marine Insurance can provide you with added protection for your valuable property, whether it [...]

7 12, 2021

Collision Coverage

2023-04-24T06:34:03+00:00December 7, 2021|Insurance|0 Comments

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| ByWinsurtech

Introduction Collision coverage is a type of automobile coverage that pays for the repair or replacement of a vehicle in case of an accident caused by a collision with another vehicle or object such as a tree, fence, or pole. This coverage also covers the [...]

3 12, 2021

Vicarious liability

2023-04-24T07:19:31+00:00December 3, 2021|Insurance|0 Comments

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| ByWinsurtech

When you or your company is held financially liable for the activities of another group or person, this is known as vicarious liability. This is the legal structure that is most usually used when you are accused of mistakes committed by your contractors, employees, or [...]

25 11, 2021

How to open ACORD AL3 files

2023-04-24T07:20:17+00:00November 25, 2021|ACORD AL3|0 Comments

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| ByWinsurtech

What is AL3? AL3 is one of the P&C standards created by ACORD. This standard was developed in the early 1980s. AL3 is designed as a batch communication method for policy and commission data. Data dictionaries and supporting documentation of AL3 standards are stored in [...]

23 11, 2021

Intentional Act

2023-04-24T07:21:13+00:00November 23, 2021|Insurance|0 Comments

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| ByWinsurtech

As the name implies, intentional acts are those acts that you intend to perform. For example, if you swing a fist at someone during a fight it would be an intentional act. Your fist does not accidentally swing towards someone’s face, but it's intentional and [...]

18 11, 2021

Bodily Injury Liability in Personal Lines policies

2023-04-24T07:22:10+00:00November 18, 2021|Insurance|0 Comments

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| ByWinsurtech

What is Bodily Injury Liability and in which AL3 group its details can be found in Personal Lines policies? Introduction to Bodily Injury coverage: If you get into a car accident and injure another person, bodily injury liability covers the expenses involved in treating that [...]

16 11, 2021

What does Hazardous Occupation mean in Insurance

2023-04-24T07:23:04+00:00November 16, 2021|Insurance|0 Comments

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| ByWinsurtech

What does Hazardous Occupation mean in Insurance? When you work in a hazardous occupation, your risk of injury or death increases. Occupational risk insurance provides financial resources to you or your loved ones if you are injured or die while doing your job. It is [...]

12 11, 2021

What does Employee Benefits mean in Insurance?

2023-04-24T07:23:40+00:00November 12, 2021|Insurance|0 Comments

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| ByWinsurtech

Employee benefits include many types of non-wage compensation given to employees in addition to their usual wages or salaries. Employers offer insurance to their current employees in the form of a group insurance scheme, which is referred to as an employee benefit insurance plan. It [...]

3 11, 2021

Rental Car Insurance: Do I need to buy it?

2023-04-24T07:55:34+00:00November 3, 2021|Insurance|0 Comments

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| ByWinsurtech

If you want to hire a car, the first thing you need to do is read the car-sharing agreement. You must first see your insurance agent before engaging in a rental automobile arrangement with an insurance provider. If you have your own vehicle insurance, inquire [...]

1 11, 2021

Loss of Job Insurance

2023-04-24T07:55:52+00:00November 1, 2021|Insurance|0 Comments

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| ByWinsurtech

Overview A job insurance policy insures the insured family by providing financial aid. This Policy is useful in case the primary source of income in the family losses the job. An Insured individual can claim the benefits of the policy upon losing the job within [...]

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