War Quote Editing

Want to make a change to your voyage itinerary? Or have you negotiated a different rate for a particular breach? Need to add an additional discount or edit the discounts pre-applied?

Insurwave manages and tracks all changes to war quotes on the platform. The platform reflects the current agreement between the insurance buyer, broker and insurer in one place, keeping everyone updated with the one source of truth, removing the back and forth on email and multiple version threads.

The platform allows editing quotes with specific functionality depending on your role on the contract. For example, itineraries could be enabled for the insurance buyer and broker; while rate changing is only available for the insurer. We will set up the editing feature to suit each of our clients needs.

To make an edit:

1. Click on the War Quote tab within your Marine war policy on the platform

2. Click into the quote you wish to view

3. Click on the ellipsis on the premium you wish to edit

4. Make changes such as rate updates or adding discounts

5. Once saved, your changes will be reflected

War Additional Premium Reports

There is a new section within the Reports tab dedicated to war additional premium reports.

You can pull either a quick summary of additional premiums for your war policies or get all the details:

• Zones and ports breached
• Entry and exit times
• Chargeable zones
• Gross premium
• Discounts or add ons
• Net premium.