| [SE-1871] Manage business partner identifiers according to reinsurance registration regulation | |
|---|---|
| Product Line: | P&C |
| Component/s: | Business |
| Fix Version/s: | SICS 4.9.5 SICS 4.9.4 SSP1 CHR1 |
Aim of function
Because of insurance and reinsurance national registration regulations, companies taking part in reinsurance contracts may be required to be registered with a certain Identification.
SICS now allows registering a business partner with a Legal Identifier, with a chosen name, e.g. CRRS ID.
If in use, the system will show this Legal Id at relevant places, such as the placement list and will check that all intermediaries and retrocessionaires of an outward cedent's contract have a Legal ID when setting the Placement to Complete.
System Parameters Affected
Business Partner / Legal Identifier
Business Partner / Legal ID duplication allowed for
Existing functionality affected
Maintain Business Partner basic information.
View Placements
Place Business
Set Placement to Completed
Upload Intermediary with Retrocessionaires