General Insurance Business Logic Guide¶
Welcome to the comprehensive business logic guide for general insurance products.
Purpose¶
This guide explains how general insurance products work - covering quote requirements, premium calculation, endorsements, and commission.
Products Covered¶
Professional Indemnity ✓¶
- 5050 - Professional Indemnity (General)
- 5060 - Medical Malpractice
- 5070 - Directors & Officers Liability
Status: ✓ Complete
Contractors All Risk ✓¶
- 6010 - Contractors All Risk (Main)
- 6020 - Contractors All Risk (Alternative)
- 6030 - Contractors All Risk (Supplementary)
Status: ✓ Complete
Fire & Property All Risk ✓¶
- 1010 - Fire and Allied Perils (Material Damage)
- 1020 - Fire and Allied Perils (Business Interruption)
- 1030 - Property All Risk (PAR)
- 1040 - Property All Risk (Business Interruption)
Status: ✓ Complete
Workmen Compensation (WC) ✓¶
- 5030 - Workmen Compensation
Status: ✓ Complete
Third Party Liability (TPL) ✓¶
- 5010 - General Third Party Liability
Status: ✓ Complete
SME Package ✓¶
- 1061 - SME Package (Main)
- 7038 - SME Medical (In-patient)
- 7040 - SME Medical (Alternative)
Status: ✓ Complete
How to Use This Guide¶
By Product¶
Each product section covers:
- Overview - Product codes and coverage
- Quote Requirements - Required fields
- Premium Calculation - How premiums are calculated
- Endorsements - Mid-term changes and refunds
- Commission - Broker commission
By Role¶
Underwriters: - Quote Requirements - Field mapping - Premium Calculation - Rating factors - Endorsements - Mid-term changes
Business Development: - Overview - Product structure - Quote Requirements - Quote creation - Premium Calculation - Pricing approach
Operations: - Endorsements - Processing rules - Commission - Payment calculations
Quick Start¶
Professional Indemnity¶
- Overview - Product codes and features
- Quote Requirements - Required fields
- Premium Calculation - Rating methodology
- Endorsements - Mid-term changes
- Commission - Commission structure
Currency¶
All amounts in AED (United Arab Emirates Dirham) unless specified.
Navigation¶
Use the left sidebar to browse by product.
Reference sections: - Quick Reference - Glossary - FAQ