BriteCore has six categories of underwriting enforcements:
- Geographical Restrictions
- Product Offerings
- Enterprise Knockout Questions
- Step Specific Rules
- Underwriting Questionnaire
- Straight Through Processing
Table 1 summarizes BriteCore’s underwriting enforcements.
Table 1: BriteCore underwriting enforcements.
Enforcement | Definition | Features | Examples | Setup Location |
Geographical Restrictions | Limit where risks are written. | • Limit writing based upon state, county, or ZIP. • ZIP codes can be restricted and approved on a case-by-case basis. | • Only write in Missouri. • Don't write in ZIP code 90001. • Don't write in Greene County. | • Settings >System Wide >Business Locations. • restricted_zip_codes database table. |
Product Offerings | Product offerings that the client will sell in the marketplace. | • Forms, endorsements, fees, surcharges, and credits and when they are effective. • Use underwriting rules tool to automate offering rules. | HO form 3 but not form 4. | Lines module. |
Enterprise Knockout Questions | Questions that apply regardless of line of business. | • Clients can ask for further explanation via a text input box and allow a quote to proceed. • Clients can fire a pop-up window based upon the yes/no answer that indicates the quote should stop. | • During the last 5 years, has any applicant had a foreclosure, repossession, or bankruptcy? • During the last 5 years, has any applicant been indicted for or convicted of any degree of the crime of fraud, bribery, or arson? • Has this insurance been rejected, canceled, or non-renewed in the past 3 years? | Lines >Effective Date >Underwriting >Questions. |
Step Specific Rules | Rules that apply on specific steps in the quoting process. | BriteCore offers various settings that offer some customization. | • Require SSN. • Require DOB. | Various locations. |
Underwriting Questionnaire | Questions that are specific to a line of business or policy type. | Clients can collect additional information and make the answers either require an unbound submission or reject the application outright. | Previous carrier. | A specific line item in the policy type. |
Straight Through Processing | Set of business rules that determine whether a policy should be issued without underwriter review. | Clients can define what to do with an application upon submission (commit, reject, or place in a review queue). | If the following are true, don't automatically issue the policy: • Age of Home > 40 years old. • Loss History > 0 losses. • Insurance Score = Low Score, Bankruptcy, or No Match. • Mortgagee = More than 2. • Roof Age > 20 years old. • Roof Condition = Fair or Poor. | A custom yml file in STP Github repo. |
Set up specific rules
Enforce data collection
When an agent adds a new contact in BriteCore, clients can enforce the collection of SSN, Date of Birth, or Phone Number.
To enforce data collection:
- In the BriteCore menu, select Settings.
- In the Settings submenu, select the Modules dropdown list, and then select Contacts.
- On the Contacts screen, navigate to the Contact Pop-Up section and then under BriteQuote, select the data you want to enforce collection for.
Note: You can define enforcements independently in the Administrative Portal and Policyholder Portal.
Enterprise Knockout questions
Enterprise Knockout questions are preliminary underwriting questions, which apply regardless of line of business.
Set up Yes/No questions
To set up Yes/No questions:
- In the BriteCore menu, select Lines.
- On the Lines screen, select the applicable effective date.
- In the Policy Types submenu, select Underwriting, and then select Questions.
- On the Questions screen, select the Add Question icon.
- In the Question box, type a question.
Note: Each question has Yes and No radio buttons.
- In the Explain dropdown list, select the applicable choice.
Note: Selecting If Yes displays a text box into which the agent must type an explanation.
Set a Limit Threshold
A Limit Threshold allows clients to define a limit threshold value for a defined list of coverages.
Set Up Fully-Customized Questions
This setting must be activated by a developer.
Underwriting Questionnaire
For more information, view Set up supplemental questions.