Statement of Values (SOV) Consumption
SOV records can be viewed and processed through O/DIEM Point of Sale (POS)/Submission Management Solution - where they can be re-validated and rated. All records are accumulated based on rules, and multiple output bordereaux file formats are produced by IDM for external consumption.
IDM, combined with the POS/Submission Management Solution provides the following:
- Support for location add/delete endorsements
- Support for Underwriter Referrals for all other post-bind transactions
- Support for SOV upload and internal users support with override capabilities subject to authority levels
- Support for Policy Issuance. The population of Policy data to the Declarations page and all forms with variable text
- Automation for third-party data integrations to populate Policy data to other systems
- Ability to manually enter submission data with up multiple locations
- Ability to tailor Underwriting questions
- Ability to rate a quote through multiple underwriting carriers' rating algorithms using the O/DIEM Rating Solution
- Ability to generate a Quote and/or Binder document
- Ability to generate a Bordereaux Output dataset for Bound policy transactions
- Support for multiple sets of underwriting/rating/document/permission data sets to support individual carrier program requirements
- Ability to accept and process a rating request
- Ability to generate a complex Quote, Binder documents matching carrier requirements
