Account Page Definitions (Systems Administrator)
Overview of the Account Page Definitions
The account page will display an array of information concerning the account such as the name, account number, rate modifiers, line of credit information, etc.
Change Application Template
Account information is displayed according to the account application template used to create the account. Use the Change Application Template to modify the display of account information.
Account Status
Lists the action with the status of said action for this version of the bond.
Action Status
Lists if the account being viewed is the current version, a historical record of the bond, or a future version which will come into effect at a later date.
Name
Name given for the account. This is auto-generated if purchasing a bond without an existing account by the applicant (person or company) on the bond. If an account is created without a bond application, the name is entered manually during the account application process.
Account Number
The number generated to identify the account when searching for the account.
Tracking Number
This is a unique identifier auto-generated for all accounts which does not require the account application to be completed.
Underwriter
Lists the preferred underwriter for the account, chosen when submitting a new account or after being updated by one of the account actions.
Primary Bond Family
Lists the primary bond family (Commercial or Contract) for the account. This is only for reporting purposes and does not drive any functionality within the system.
Primary Company
Lists the main company for the account. This can be chosen from the existing companies on the account.
State
Lists the State that the Agency is located in.
Agency
Lists the agency this account pertains to. All accounts belong to a single agency.
Commercial Single Limit
Lists the limit for any single bond penalty amount for a commercial bond for this account. Any commercial bond application exceeding this amount will be referred until this limit is increased. This value is initially set by default on the account application, but can be modified by the Update LOC account action.
Account Profile Excel Template
Lists the Excel Template to be used for the account profile for this account. This selection overrides the system default excel template.
Commercial Aggregate Limit
Lists the penalty amount limit for all commercial bonds on this account. Any commercial bond application that would cause the account to exceed this amount will be referred until this limit is increased. This value is initially set by default on the account application, but can be modified by the Update LOC account action.
Company FAW Excel Template
Lists the Excel Template to be used for the company financials for this account. This selection overrides the system default excel template.
Commercial Line Used
Lists the aggregate penalty amount currently in-force for all commercial bonds in this account.
Principal FAW Excel Template
Lists the Excel Template to be used for the personal financials for this account. This selection overrides the system default excel template.
Contract Single Limit
Lists the limit for any single bond penalty amount for a contract bond for this account. Any contract bond application exceeding this amount will be referred until this limit is increased. This value is initially set by default on the account application, but can be modified by the Update LOC account action.
WIP Excel Template
Lists the Excel Template to be used for the Work in Progress for this account. This selection overrides the system default excel template.
Contract Aggregate Limit
Lists the penalty amount limit for all contract bonds on this account. Any contract bond application that would cause the account to exceed this amount will be referred until this limit is increased. This value is initially set by default on the account application, but can be modified by the Update LOC account action.
Commercial Account Rate Modifier
Lists the rate modifier assigned to this account for commercial bonds. This is initially set by the default account rate modifier on the account application, but can be modified by the account actions.
Contract Account Rate Modifier
Lists the rate modifier assigned to this account for contract bonds. This is initially set by the default account rate modifier on the account application, but can be modified by the account actions.
Contract Line Used
Lists the aggregate penalty amount currently in-force for all contract bonds in this account.
Account Rate Factor
Lists a rate modifier for this specific account. The value given will be multiplied by the premium rate to calculate the premium for any bond applications for this account.
Commercial LOC Expiration Date
Sets the date in which the Line of Credit (LOC) limits will expire for commercial bonds for this account.
Contract LOC Expiration Date
Sets the date in which the Line of Credit (LOC) limits will expire for contract bonds for this account.
Prevent Test Account Delete
Notes if this account will be deleted by the ClearTestAgencies background job.
Notes
Text area to designate notations for account actions. This will be unique to each action, and the prior note will not be carried over to the field for subsequent actions. However, each Note will be stored within each historical record of the account.
Default Commissions
If Use Account Commission is selected, the commission rate used for bonds for this account will utilize the commission rates entered, overriding the rates for the agency or bond configuration specific commission rates. These can be configured for either Commercial or Contract bond families.
If the Use Tiered Commission box is checked a list of previously configured commission rates will display for Purchase Rate, Renewal Rate, SureLYNX™ Purchase Rate, and SureLYNX™ Renewal Rate. If the 'Use Tiered Commission' box is not checked a percentage will display for the Purchase Rate, Renewal Rate, SureLYNX™ Purchase Rate, and SureLYNX™ Renewal Rate.