Configuring underwriting authority

Underwriting authority in PolicyCenter provides an underwriting infrastructure which you can modify or augment.

In PolicyCenter, underwriting authority includes underwriting rules which specify when to raise underwriting issues. Approving underwriting issues requires authority profiles. Administrative users can create underwriting rules in the PolicyCenter user interface. Through configuration, you can modify the functionality available in the user interface for creating underwriting rules. If you have underwriting requirements that the underwriting rules framework cannot accommodate, you can implement those requirements in Gosu code.

The base configuration contains authority profiles for agents, underwriters, and an underwriting manager. You can modify the authority profiles and create new ones.

Underwriting authority contains the following major components:

Underwriting Rule – Includes the name of the rule and describes how the policy transaction is affected by underwriting, and how issues can be approved. The rules includes the condition under which it will raise an underwriting issue. PolicyCenter provides a user interface in Administration > Business Settings > Business Rules for defining underwriting rules. Alternatively, you can implement the underwriting rule in Gosu code instead rather than through the business rules interface.
Underwriting Issue – A specific occurrence on a policy transaction where an underwriting condition was true.
Authority – The ability to approve underwriting issues created by a rule, and to what degree.
Authority Profile – A group of authorities that can be given to a user, allowing the user to approve underwriting issues that were created by a particular rule.