Configuring underwriting issues and multicurrency
In the base configuration, certain underwriting rules handle multicurrency. An underwriting rule that handles multicurrency has the following features:
Field |
Description |
|---|---|
|
Value Comparator set to At least or At most. These values correspond
to the codes |
|
Set to |
|
Not equal to 0. |
|
Optional. Set to |
The PATotalPremium
underwriting rule is an example that shows multicurrency. In PolicyCenter,
you can view this underwriting rule in . In the Personal
Auto line of business, the evaluator Gosu class (PA_UnderwriterEvaluator.gs) determines
whether to raise PATotalPremium
underwriting issues.
As with other underwriting issues, the
code that creates the issue determines the value for the issue. PolicyCenter
displays this value in the underwriting screens, therefore consider keeping
the value (and approval) in the original currency. In the base configuration,
the value comparator for monetary issues does a conversion between currencies,
if needed. This conversion enables you to specify authority grants in
a single currency per issue, yet have that grant to apply to all currencies
for the issue. Then PolicyCenter determines whether or not to raise an
underwriting issue. The UWIssueValueComparatorWrapper
class in the gw.job.uw
package uses the MonetaryGEValueComparatorWrapper
and MonetaryLEValueComparatorWrapper
classes to convert the currency and compare monetary values.
See also
