Report: Unreplaced Binders

The Unreplaced Binders report identifies binder transactions that have been billed but are not associated with a replace binder transaction. AMS360 provides the following binder transactions:

  • Binder New Business (BNB)
  • Binder Endorsement (BPC)
  • Binder Renewal (BRW)
 

The Unreplaced Binders report should be run at least once per month, before the end of the month, to make sure that all binders for which policy documents have been received, are properly replaced. This ensures that appropriate accounting records are moved from binder to actual accounting.

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