Common use of Input Requirements Clause in Contracts

Input Requirements. The information required for quoting and binding a policy will be input into the system by Customer's Agents using the Internet. IMS' underwriting department will be prepared to handle exception processing that may occur based on procedures as defined by Customer and mutually agreed upon by IMS. An individual Agent will be able to enter the same quote within a predefined number of attempts. If this number is exceeded, that Agent will not be allowed to continue the process and will automatically be referred to IMS' customer service department for assistance. The production quote count would not be affected by an unsuccessful quote attempt. The input requirements, as defined in this Exhibit, are based solely on the information provided by Customer to IMS. During the implementation of the Rollout Plan, as the detailed underwriting information for each state is determined, additional requirements will be incorporated into the project scope. IMS will complete the detail analysis to determine all required fields for quoting and binding based on the forms and distribution documents, the bureau reporting requirements and any Customer Workers Compensation underwriting rules as currently defined in Customer's existing Cybercomp system. The completion of this analysis is dependent upon receipt of all completed Workers Compensation underwriting rules and guidelines from Customer.

Appears in 1 contract

Sources: Insurance Administration Services Agreement (Insurance Management Solutions Group Inc)

Input Requirements. The information required for quoting and binding a policy will be input into the Internet system by Customer's Agents using the InternetAgents. IMS' underwriting department will be prepared to handle exception processing that may occur based on procedures as defined by Customer and mutually agreed upon by IMSCustomer. An individual Agent will be able to enter the same quote within a predefined number of attempts. If this number is exceeded, that Agent will not be allowed to continue the process and will automatically be referred to IMS' customer service department for assistance. The production quote count would not be affected by an unsuccessful quote attempt. The input requirements, as defined in this Exhibitthe Agreement, are based solely on the information provided by Customer to IMSCustomer. During the implementation of the Rollout Plan, as the detailed underwriting information for each state is determined, additional requirements will be incorporated into the project scope. IMS will complete the detail analysis to determine all required fields for quoting and binding based on the forms and distribution documents, the bureau reporting requirements and any Customer Workers Compensation Commercial Lines Umbrella Online specific underwriting rules as currently defined in Customer's existing Cybercomp systemrules. The completion of this analysis is dependent upon receipt of all completed Workers Compensation Commercial Lines Umbrella Online underwriting rules and guidelines from Customer.

Appears in 1 contract

Sources: Insurance Administration Services Agreement (Insurance Management Solutions Group Inc)