Audit
PolicyCenter supports two subtypes of audits:
- Final audit – Covers the entire policy term. A final audit begins on the policy effective date and ends on the policy expiration or cancellation date.
- Premium reporting – A series of non-overlapping periodic audits that you schedule and bill within the coverage period.
See Premium audit policy transaction for information related to audits in PolicyCenter.
Reporting Trend Analysis rule set
The Reporting Trend Analysis rule set checks
to see if the reporting trend analysis ratio is within an acceptable
range. In the default configuration, the acceptable range is from 90%
to 110%. If the ratio is outside the acceptable range and the number
of reporting days is greater than 60, the code creates a RatioOutOfRange activity and assigns
it to an underwriter.
See also
- For information about reporting trend analysis, see Premium report trend analysis.
