Creating and Editing Carriers
An essential part of any bond is the carrier. For a commercial bond within Tinubu Surety Solution for Carriers (TSSC) , the carrier is one of five criteria that compose a bond configuration (the others being: State, Class, Category, and Obligee). For a contract bond within TSSC, the carrier is one of three criteria that compose a bond configuration (the others being: Class and Category). This article is to help users add and maintain these carriers to the system for the setup of a commercial or contract bond.
Creating a Carrier
Select System Tables/Carriers.
Select Create at the bottom left of the screen
Complete the necessary information
Select Submit at the bottom of the screen.
Back to List will return you to the Active Carriers.
Carrier Premium Notes
The Carrier Minimum Premium is only used for Annual Type bond configurations. See the Premium Calculation article for the setup of an annual type bond configuration.
If the Type of Premium is set to Term or Any, the Carrier Minimum Premium value will be used against the total purchase price of the bond (including any Pre-Paid Years). In addition, if the bond configuration has a multi-year discount applied to it, the Carrier Minimum Premium will be calculated after the multi-year is calculated. See the Bond Configuration Settings article for the setup of Multi-Year Discounts.
If the Type of Premium is set to Annual, the Carrier Minimum Premium will be used against the premium amount for each year (pre-paid years) of the bond purchase. In addition, if the bond configuration has a multi-year discount applied to it, the Carrier Minimum Premium will be calculated before the multi-year is calculated.
Signatures and seals can be added to a carrier’s different entities. These can only be added once the carrier has been created. Please see the Edit a Carrier section below for detailed instructions for this use case.
Editing a Carrier
Select Edit from the Active Carriers screen.
Please refer to the image above if you need assistance locating Edit.
Complete your edits and Submit the updates.
Back to List will return you to the Active Carriers.
Upload a Notary Seal and Signatures
Scroll the to the bottom of the screen.
Select the tab to perform your action.
Files may be uploaded or Drag/Drop.
Select Submit at the bottom of the screen.
Back to List will return you to the Active Carriers.
Inactivating an Existing Carrier
To disable a carrier in the system so that no more bond configurations can be built with that carrier, the user can Inactivate the carrier.
Select Inactivate from the Active Carriers screen.
Please refer to the image above if you need assistance locating Inactivate.
You will be prompted to confirm or cancel your action.
Reactivating a Carrier
Select Recover Inactive Records at the bottom of the carriers table.
Select Reactivate.
You will be prompted to confirm or cancel your action
