This feature provides a structured hierarchy of locations and buildings during the quoting process, giving agents a clear and efficient way to organize buildings under specific locations. This setup allows agents to independently manage underwriting requirements at both the location and building levels.
Purpose
The location-building hierarchy streamlines the quoting workflow, allowing for the accurate application of underwriting details in line with best practices for Business Owners Policy (BOP) policies. Each building within a location can have its own rating information, including unique class codes, providing the flexibility needed to meet underwriting requirements without impacting policy integrity.
- Location-Building Differentiation: Clearly separates locations from the buildings within each location.
- Rating Structure: Enables each building, sharing an address with its location, to hold distinct rating information, such as individual class codes.
- Underwriting Application: Allows underwriting items to be assigned at both the location and building level, considering each building’s unique characteristics.
Configuring Property Group Naming Format
The property-group-name-format optional setting customizes the naming format for properties when the enable-property-grouping setting is turned on. This allows for tailored property names in the form of "Location X Building Y" or a custom format, such as "Property X Building Y," as specified by the client.
Setting Overview
- When
property-group-name-formatis ON: Property names follow the format Location X Building Y. - When
property-group-name-formatis OFF: Property names default to the simpler format Location X.
Customizing the Naming Format
The property-group-name-format setting provides flexibility to adjust the format of property names in the following way:
- Optional Custom Format: Change the naming prefixes (e.g., "Location" or "Building") to other terms like "Property," while keeping the numbers dynamic. For instance, "Property X Building Y" can be used where X and Y represent automatically incremented numbers.
- Prefix Restrictions: Only the prefixes (such as "Location" or "Building") can be customized; the
{property_group_number}and{building_number}variables must remain unchanged to maintain the numbering sequence.
How to Configure
- Enable
enable-property-grouping: Ensure this setting is activated to allow property grouping. - Set
property-group-name-format: Go to Settings and choose your preferred format. By default, the format is Location X Building Y, with X and Y representing sequential numbering for each property group and building.
This configuration provides agents and underwriters with a clear and consistent naming convention for properties, aligned with organizational requirements.