What do you open in order to post a reserve
An Exposure
In the case of a homeowners policy, this means the dwelling and the land contained within the lots lines on which a dwelling is situated
Premises
What is the maximum amount we are permitted to issue when issuing an EFT
$50,000
This system is used to track, request and approve time off
Dayforce
What is the Portage Mutual Insurance mission
To provide peace of mind and protection for policyholders
What are the two types of Cost Categories when setting reserves
Claim Cost and Expense Cost
Occurrence
In a weather event (CAT) when dealing with Property, typically, a Manager will advise of a specific amount that should be posted to set funds aside to pay the claim. What is this called
Average Reserving
This program is used in conjunction with GWCC and stores all information regarding vendors, Insureds etc.
Contact Manager
What are the two core values of Portage Mutual
Integrity and Mutuality
When going on vacation, we note the system with our back up. What button do they click to access your activities when you are away
Vacation Button
This means any material on which data is electronically stored such as but not limited to magnetic tapes, diskettes, disk packs and cassettes
Media
When a recovery is expected on a claim, and the potential recovery is 50-74%, what is the amount of the recovery reserve (%) that we are to post
50%
This system is used to house the Engagement survey as well as provide tools to put in place to improve on engagement
Gallup
Who owns The Portage LaPrairie Mutual Insurance Company
The Policyholders
What Activity pops up at 60 days automatically (previously was visible from the onset, but due in 30 days)
Supervisor Review Required
This refers to the circumstance where regardless of the presence of furnishings, all occupants have moved out with no intention on returning and no new occupants has taken up residency.
Vacant
When dealing with a contents Global Settlement, what amount are we to offer of the Replacement cost as assessed by a third party vendor?
75-80%
This program hosts a variety of training available to the staff to assist them in developing skills as well as achieving their annual training targets
MRD Consulting
What is the vision of Portage mutual
To be the Most trusted mutual insurer in Canada
When there is an Action or statement of Claim presented on a claim, what tab are we required to open to provide details
Litigation Tab
This is a small common harmful or objectionable animal and insect (such as lice or fleas) that are difficult to control. This can also be a bird or mammal that prey on game
Vermin
What is the amount of money PMIC will offer an insured if they are doing laundry themselves (inclusive of detergents, folding and washing / drying)
$20/load
This system recently integrated with Guidewire Claim Center and is used to communicate with Insureds via a texting solution
Hi Marley
What year was PMIC founded
1884