Risk Analysis screen for homeowners

On the Risk Analysis screen, you can enter data that is used to evaluate the risk of the applicant. You can also view risks that were identified during the policy transaction.

PolicyCenter passes this information to the rating engine. This screen has the following tabs to enter risk data:

• UW Referral Reasons – Appears when viewing a policy. It does not appear in a policy transaction such as a submission. This tab allows you to add an underwriting referral reason to a policy. Underwriting referral reasons are usually only used when a notable condition arises outside of a job, possibly outside of the data that PolicyCenter maintains on the policy.
• UW Issues – Displays underwriting issues that were raised during the job.
• Contingencies – Displays contingencies associated with the policy or policy transaction. You can also add contingencies. Use contingencies to manage additional work on the policy and to take actions, including policy change or cancellation transactions, if conditions are not met in a timely manner.
• Prior Policies – Displays information about prior policies usually with another insurer. You can add information about prior policies.
• Claims – Allows you to search for loss claims on a related policy or by loss date. When integrated with a claim system, this tab displays claims from the claim system.
• Prior Losses – Displays information about prior losses incurred by the insured. You can manually enter or attach information about prior losses.

Cyence Analytics tab