Steps to Approving a Sub-Risk
When an insurer places a quotation and selects a broker to complete the placement to other stakeholders (insurers, and reinsurers). A sub-risk is generated, assigned to each selected broker and attached to the main quotation placed. When a broker completes the quotation, the offers placed on that sub-risk will be attached to that sub-risk. Insurer may view the offers and approve the sub-risk of choice. Sub-risk converts to Risk after approval.
- Navigate to Quotation
- Select Quotation listing
- View Sub-Risk listing
- View offers
- Approve Sub-risk