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3 related sections

Tariff Rates

Rates

Verify applicable rates before finalising the quotation

Underwriting

Underwrite the risk before issuing the formal quotation

Policy Issuance

Policy

Convert accepted quotations into active policies

Use tariff rates as the baseline and apply underwriting adjustments. Link quotations to a treaty for automatic cession tracking.

Quotation Issuance

Generate quotations with automated pricing & risk assessment

Draft

Version 1

Premium Calculated

Underwriting Rules Satisfied

Authority Approval

Subjectivities Inserted

Validity Period Defined

Quotation Header - Identification & Tracking

Quotation Number *

Client Origin

Product / Class of Insurance *

Version Number

Branch / Business Unit

Intermediary Type

Intermediary / Broker

Underwriter Code

Validity Start Date *

Validity Expiry Date *

System Controls Active

✓ Automatic expiry reminder | ✓ Version control | ✓ Duplicate risk detection | ✓ Conversion linkage

Personal Details

Client type

Client Banks

Bank Branch

Client details

ID Number / Passport

First name

Last name

Phone

Client Address

Province

District

Sector

Cell

Village

Business Activity / Occupation

TIN / Registration No

Claims History (Last 3-5 Years) *

KYC Status

Pending

Risk Details (Product-Specific)

Coverage & Limits

NO	DESCRIPTION OF PROPERTY/INTEREST	RISK CATEGORY	COVER	SUM INSURED/VALUE/LIMIT OF INSURANCE/RWF	PREMIUM	ACTION
1	BUILDINGS/STRUCTURES(INCLUDING FOUNDATION) + SITE IMPROVEMENTS		* STANDARD FIRE (FIRE, LIGHTNING & EXPLOSION) * FIRE AND SPECIAL PERILS * CONSEQUENTIAL LOSS * BURGLARY AND THEFT (FULL) * BURGLARY AND THEFT (1ST LOSS) * DAMAGE TO NEIGHBOURS' PROPERTY * EARTHQUAKE * STORM, TEMPEST, FLOOD & TORNADO * RIOT & STRIKE * MALICIOUS DAMAGE * BURST PIPE (WATER DAMAGE) * IMPACT (VEHICLE, AIRCRAFT, ANIMAL...) * BUSH FIRE * SUBSIDENCE * SPONTANEOUS COMBUSTION	SELECT COVERS FIRST	0

Mandatory Excess / Deductible (FRW) *

Voluntary Excess / Deductible (FRW)

Premium Calculation Engine

Effective Rate Applied (%)

Policy Fees (FRW) *

Min: RWF 5,000 (ASSAR)

FEA Discount (%)

15% if FEA present

Other Discounts (FRW)

Loadings (FRW)

Commission (%)

Lead insurer: 25% (ASSAR)

Installment Plan

Base Premium

5,000

Policy Fees

5,000

VAT (18%)

900

Net Premium

5,900

Gross Premium

5,900

✓ Compliant with ASSAR Market Underwriting Guidelines 2023

AI Underwriting Assessment

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Or click Re-Assess to run manually.

Workflow & Approval

Approval Status

Referred To

Approval / Referral Notes

Authority Check

⚠️ Quotation cannot be finalized if beyond underwriter authority limits

Quotation Template: