ASLOB
What is Annual Statement Line of Business?
Program agrees to not write new policies, and the next Treaty Year is expected to not renew.
What is a Run-Off (Program)?
A group or individual with a relationship to the change, the need, or the solution.
What is a stakeholder?
A legendary warrior and savior of China.
Who is Mulan?
TIV
What is Total Insurable Value?
Treaty Year Type where policies use the PolicyEffectiveDate to assign all premium to a single Treaty Year.
What is Risk-Attaching?
Determining the relative importance of a set of items in order to determine the order in which they will be addressed.
What is prioritization?
The cunning and infamous pirate captain of the Black Pearl traversing the waters of the Caribbean.
Who is Captain Jack Sparrow?
How a policy is billed - direct to the insured or if the MGA is billing an agency. Expected Values: Direct, Agency, or Other.
What is Bill Method?
Trisura’s 3 main types of reinsurance contracts
QuotaShare, XOL, Facultative
Short-Hand SQL for Create, Read, Update, Delete
What is CRUD?
A Junior Wilderness Explorer who joins Carl Fredricksen on his journey to Paradise Falls.
Who is Russell?
If writing business in NJ, partner must provide New Jersey SA transaction ID.
What is NJSLATransID?
Trisura structures a reinsurance agreement to cover different levels of risk or loss. This involves dividing the risk exposure into segments or layers, with each layer potentially covered by a different reinsurer or having different terms.
What are Treaty Layers?
A structured examination of an identified problem to understand the underlying causes.
What is root cause analysis?
A manticore restaurant owner who the Lightfoot Brothers (Ian and Barley) go to for help on their quest.
For Coverages (CovCodes) that represent TRIA or Terrorism, these need to be flagged so that Trisura can isolate this premium.
What is TRIATerrorismFlag?