Involved party in APD product

APD involved party configuration adds policy contacts with defined roles, improving submission accuracy and downstream servicing. Involved party details include person or company contact data used across policy workflows.

An involved party is a contact (person or company) who has an interest on the policy. In the product model, you can attached involved parties to the policy line, risk objects, and exposures.

Note: If you attach involved parties to objects others than policy line, risk objects, or exposures, they are imported as children of the nearest ancestor that is a policy line, risk object, or exposure.

In a submission

Adding an involved party in a submission is just like adding any other contact to the policy. From the drop-down list, select a contact From Address Book, New Person, New Company, or Other Contacts. Contact details include name, phone number, address, and other information. In the Contacts tab of a bound policy, these contacts have the Involved Party role.