One and two-step quoting workflows

All PolicyCenter lines of business are configured to handle both one and two-step quoting. In the base configuration, two-step quoting is enabled only in commercial property, and the other lines of business use one-step quoting. You can easily enable two-step quoting in the other lines of business.

One-step quoting workflow

In one-step quoting workflow:

1. In PolicyCenter, create or edit a policy transaction.
2. After entering the policy data, click Quote.
   1. PolicyCenter validates and rates the policy data, generating the costs and premium. If there are no errors, with the policy period in Rated status, the process continues without user intervention, generating forms, checking reinsurance, and raising underwriting issues. Without errors, the policy period is now in Quoted status.
   2. You can now view the Quote, Forms and Payment screens in PolicyCenter.

The following illustration shows the workflow of a policy transaction using one-step quoting.

Two-step quoting workflow

In two-step quoting workflow:

1. In PolicyCenter, create or edit a policy transaction.
2. After entering data, click Rate. the policy data is validated and rated, generating the costs and premium.
   1. If there are no errors, the policy period is in Rated status.
   2. PolicyCenter displays the Quote screen with costs and premium information generated by the rating step.
3. If you like the rate and wish to proceed to generate a complete policy, click Finish Quote. This generates forms, checks reinsurance, and raises any applicable underwriting issues.
   1. If there are no errors, the policy period is in Quoted status.
   2. You can now view the Quote, Forms, and Payment screens in PolicyCenter.

The following illustration shows the workflow of a policy transaction using two-step quoting.