Compare data for premium adjustment
Upload the policy, final statement and endorsement. ActaFlow compares the parameter, period and values and prepares the points to verify with the client and the insurer.
The request
Compare the parameter and policy period with the final statement and the premium adjustment endorsement. Flag any differences.
ActaFlow organises the steps of the request. Add the documents and check the data before using the result.
The workflow steps
- Upload policy and statementSelect the clause, the client's statements and any endorsement to be checked.
- Read parameter and periodActaFlow reports the required parameter, the policy period and the values shown in the statements.
- Compare data and endorsementActaFlow compares the data provided against the endorsement values and flags any differing periods.
- Verify the data to be usedThe broker and the client contact confirm the correct parameter, period and values.Manager check
- Prepare the adjustment summaryActaFlow collects the confirmed data and drafts the questions on the values still to be clarified.
Explicit period for each value
The summary distinguishes the requested annual period from the period covered by the client's statement.
Endorsement compared against submitted data
The comparison shows which endorsement values match those provided.
Data to request from administration
The draft indicates the parameter and period of the statement still required.
How you set up the automation
ActaFlow reports the required parameter, the policy period and the values shown in the statements. The broker and the client contact confirm the correct parameter, period and values.
What you need
- Policy and clause with adjustment parameter and period
- Client's final statements and data provided
- Premium adjustment endorsement received, if available
Upload policy and statement
Select the clause, the client's statements and any endorsement to be checked.
Read parameter and period
ActaFlow reports the required parameter, the policy period and the values shown in the statements.
Compare data and endorsement
ActaFlow compares the data provided against the endorsement values and flags any differing periods.
Verify the data to be used
The broker and the client contact confirm the correct parameter, period and values.
Prepare the adjustment summary
ActaFlow collects the confirmed data and drafts the questions on the values still to be clarified.
Describe the work. AI helps you prepare your workflow.
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Frequently asked questions
Is the endorsement already needed to get started?
You can first compare the clause and the statements and prepare the data request. Once you provide the endorsement, the comparison can include the values reported by the insurer.
Does ActaFlow correct the client's statement?
It flags differences in parameter, period and value. The client contact must provide or confirm the correct statement.
How do I indicate the period and the data to compare?
Provide the policy documents and the data relevant to the adjustment, specifying the reference period. The contact checks that the information is comparable.
Does the statement alone determine the final premium?
The statement brings together the data to be checked. The broker verifies conditions and values before confirming any communication or amount.
Check the documents for an adjustment
Upload the clause, the statement and any available endorsement.