D&O Placement

Question 1

What are the steps in a a standard renewal

Answer 1

1. Send renewal request & Receive Demands and needs
2. Collect all relevant submission info
3. Compliance checks
4. Send submission info to insurers
5. Receive terms and VRIs (Complete BP)
6. QTC
7. COC
8. Client FO
9. Insurer FO
10. Taxes
11. Slips on PPL
12. EOC (Slips , Taxes, DNs)

Question 2

What folders on L:drive

Answer 2

Submission info
Compliance (KYC and Sanctions)
Terms & Tracker
Client Facing
Order and Cover Bound
Wordings, Slips & Endorsement
EOC, Tax & DNs

Question 3

What gets filed in DMS (rough list)

Answer 3

Renewal Invitation

Renewal Info email from client (Prop form, Tax info)

Demands & Needs

Sanctions / KYC / Licensing

Terms

QTC email

Client order

COC

EOC

Signed slips

MRCEs