Subscription to the Polaris Personal Lines Standards provides you with access to the following suite of documentation:
Business Documentation |
Implementation Documentation |
| Business Principles | Code Lists |
| Business Process Models & Requirements | EDI Messages |
|
Motor Household - Flood Re |
|
| Data Standards Specification | Electronic Cover Notes |
|
Motor EDI Motor Renewal Specification EDI Household - Flood Re Specification |
|
| Net Rating Specification | |
- Business Principles and Business Process Models & Requirements
Supporting full lifecycle (New Business, MTA/Cancellation, Renewals & Distribution Channel Differences) - Data Standards Specification
- Code Lists (industry recognised)
- EDI messaging
- Electronic Cover Notes
- Net Rating Specification
- Best Practice Guides
- Project Reports and Recommendations which could be based on regulatory changes and industry initiatives
- Technical specification and user guides
The EDI message definitions and code lists for motor and household insurance are published in the Polaris Online Database (POD), which also includes the industry standard code lists for both personal and commercial lines. This is provided on an annual subscription basis – if you are interested in subscribing to POD, please contact us.
The business transactions supported by the Personal Lines Standards are:
- Audit messages
- Claims notification & progress
- Cover note issue notifications
- Engineers’ fee invoices (motor engineer to insurer)
- Engineers’ reports (motor engineer to insurer)
- Mid-term adjustments
- New business (placement only*)
- Policy status changes
- Premium finance instructions (broker to finance provider)
- Premium reconciliations
- Renewals e.g. invitation, pre-renewal query, alteration of terms
- Vehicle inspection requests (insurer to motor engineer)
*The Personal Lines Standards do not support quotation requests because the UK market personal lines quotation capabilities lies with software system providers. The information passed by brokers to insurers is therefore restricted to details of a risk that has been placed with a given insurer.