New Business Report

This New Business report allows you to annualize data to fully assess the impact of new business. This report assumes the following parameters:

New Business is reported when a policy contains a New Business transaction that is effective within the selected date range. It is not required that the “Business New to Agency” be checked.
Subscription Policies report at the Subscribing Company, Customer, Policy, Line of Business/Non-Premium level.
Multi-Entity Policies report at the receivables Sub-customer, Policy, Line of Business/Non-Premium level.
This report will not evaluate the manually controlled Policy Status field.
Premium Display Options must be selected as *"Include in Premium Totals in the Transaction Premiums" section of the policy for it to appear on the report.

Example:
The Exec, Rep, Broker, and other fields populate from the policy.
For policy terms less than or equal to 12 months, annualized premium is(12/(# of months between policy effective date and policy expiration date)) * premium.

Data Level Security for this report: Business Unit
The filter list that contains Division, Branch, Department, and Group contains all business units.