In insurance operations, a single policy can involve multiple carriers, each responsible for different functions. Two important roles in this setup are the Underwriting Carrier and the Billing Carrier. While [...]
Introduction In other blogs, we have already discussed the commercial auto insurance policy. An auto insurance policy is a coverage policy that protects a person or a business against [...]
Agency and Agent: An Insurance Agency sometimes called an insurance agent - is an individual or company authorized by a carrier (insurance provider or insurance company) to sell the [...]
Ceded Reinsurance Leverage The ratio of ceded insurance balanced to policyholders’ surplus is known as Ceded Reinsurance Leverage. The limit to which an insurance company depends on ceding risk [...]
Introduction to collision coverage Collision coverage is an add-on coverage policy that helps to pay for the damage to your vehicle caused by contact with another vehicle or object, [...]
Actual cash value means replacement cost less depreciation. An insurance company determines the worth of the car after accounting for the depreciation and what we get is Actual Cash [...]
What is a Claim The state of insurance when the insured (who bought insurance plan) asks the carrier (Insurance company) for money (in case of a covered loss) in [...]
NBS - New Business - This means it is a new policy from the scratch. Carriers send the detail of the new policy, its coverages, insured party info, etc back [...]
Overview ACORD Forms Reader is a WinsurTech product to convert Scanned ACORD form images or flattened Acord Form PDF files to ACORD eLabel JSON format. It supports all the P&C [...]
Overview WinsurTech Al3 Creator is a WinsurTech product to convert JSON or CSV format data into AL3 / DAT files. It supports all the P&C lines of business. WinsurTech [...]
What is Salesforce testing? Salesforce testing is a process to ensure the configuration and functionalities of the salesforce org. Salesforce testing includes various roles for a tester like changing [...]
How to add Visualforce page to Home in Salesforce Lightning The home page is the first page that opens when we log in to our salesforce account. Basically, it [...]
We can migrate S3 buckets from one to another AWS account with the following steps. Prerequisite: Destination AWS Account Number. Need to attach Bucket Policy with source bucket. IAM [...]
