Market Response

You can use the Market Response command, located on the Brokerage Menu, to record a positive response from a market company to a submission.

  1. On the Versions tab, select the market from which a quote has been received.

  1. On the Brokerage menu, click Market Response.

  1. In Market Response From Company, provide the following information:
    1. Market – populated automatically with the market company providing the quote
    2. Risk Co# – risk company (Click to select a different risk company, if applicable.)
    3. Quote Expires – date that the quote is set to expire (Click to use the Calendar.)
    4. Premium – amount of premium of the quote
    5. Fee – total amount of company charged fees for this quote
    6. Comm% – percentage of gross commission paid for this quote
  2. In the Note text box, type any relevant notes for this quote.

Concept Link IconSee Also