Set up risk options

When working with risks, users have a few options in the Lines module:

• The number of risks on a policy.
• The numbering of risks.
• The naming conventions of risks.

Set the number of risks allowed on a policy

For each policy type, you can set the number of risks allowed on a policy.

To set the number of risks allowed on a policy:

1. In the BriteCore menu, select Lines.
2. On the Effective Dates screen, select the applicable effective date.
3. On the Policy Types screen, complete the following steps:
   1. In the Select State or Province dropdown, select a state or province.
   2. Navigate to the applicable Policy Type, and then select Edit.
4. On the Details screen, navigate to the Allow Multiple Properties for this policy type setting, and then complete one of the following steps:
5. If you want only one risk per policy, ensure the setting isn’t selected.
6. If you want more than one risk per policy, select the setting; then, in the Maximum risk count box, type the maximum number of risks each policy can have.

Risk numbering and naming

Users can use the complex_risk_naming setting, which automates risk naming, to create a naming convention for adding risks to a policy. Example: For property insurance, the risks are properties. Using the complex_risk_naming setting, users can add one auto-incrementing count to the naming convention, which can be useful for policies with multiple risks.

To use the complex_risk_naming setting:

1. Log in as an Administrator.
2. In the BriteCore menu, select Settings.
3. On the Settings screen, select Advanced.
4. On the Advanced Settings screen, in the Search for a Setting box, type complex_risk_naming.
5. In the complex_risk_naming box, in the Setting Value box, type the name of the risk.

Example: Location {}, Building 1