Set up underwriting rules

Underwriting rules add or remove line items or category options when you select a specified option while building a policy.

Core concepts

Setup

Only BriteCore staff and client engineers can set up underwriting rules.

Rule

A rule is a single set of instructions with one or more trigger(s) and effect(s).

Triggers

A trigger is an if-then conditional statement:

• If there is more than one trigger, all must be true to achieve the desired effect. A rule with more than one trigger uses AND logic.

Example: If the policy form is Form 1 and the protection class is Protected, add a discount.

• If a trigger has more than one value, then either value can be true to achieve the desired effect.

Example: If the policy form is Form 1 or Form 2, and the protection class is Protected, add a discount.

A trigger can reference several aspects of a line item:

• Category
• Supplemental Questions
• Limit

Effects

An effect is a resulting action when the trigger’s conditions are true. Effects use AND rather than OR logic since they can’t have multiple values. When setting up an effect, the Action dropdown list provides several options:

• Add/Remove Line Item
  • Mandatory: Users can’t remove the Line Item.
  • Hard Reverse: When the Triggers are no longer true, the Line Item is removed.
• Add/Remove Sub Line
  • Mandatory: Users can’t remove the Sub Line.
  • Hard Reverse: When the Triggers are no longer true, the Sub Line is removed.
• Add/Remove Optional Line Item
  • Users can add or remove the Line Item at a later time.
• Add/Remove Optional Sub Line
  • Users can add or remove the Sub Line at a later time.
• Set/Remove Category Option
  • The Category is explicitly set.
  • Hide Category: The Category is hidden based on certain Triggers.
• Add Popup Message
  • Users can create a custom pop-up message to appear when the Triggers are true.
• Hide Supplemental Question
  • The question is hidden based on certain Triggers.

Example: If a user has two underwriting questionnaire line items with Supplemental Questions, the client can add the appropriate questionnaire based on the user's previous selection(s).

Copy

You can use Copy as a tool to copy a Rule.

Primary Exposures and Policy Wide sections

In the Lines module, Primary Exposures and Policy Wide are separate sections. Since these sections are mutually exclusive, Underwriting Rules don’t apply across sections.

Example: A Trigger in Primary Exposures can’t have an Effect in Policy Wide.

Comma-separated values

When adding a Trigger, if you select Limit in the Trigger Type box, you can enter the limit’s value. You can enter two types of values:

• A number range such as 0-50000.
• A list of comma-separated values such as 20000,30000,40000,50000.

Note: By default, spaces are automatically removed.

When creating new lines with multiple rates and options, use a comma-separated list without spaces to enter the Limit (values).

Warning: When adding a Line Item to a policy in Builder, using a range, such as 20000-50000, may result in unexpected behaviors or errors.

Underwriting limits

In the Lines module, administrators can set underwriting limits. To set underwriting limits:

1. In the BriteCore menu, select Lines.
2. On the Effective Dates screen, select the applicable effective date.
3. In the Policy Types menu, select Underwriting, and then select Rules.
4. On the Rules screen, in the Choose a Policy Type dropdown list, select the applicable policy type.
5. Under Underwriting Rules, navigate to the applicable rule, and then select the edit icon.
6. Under Triggers, in the Value column, type an amount using a comma-separated list.
7. At the bottom of the screen, select Save.

Note: You will need to adjust the Trigger Limit values for each of the applicable types of coverage.