9.7. Ceded
The system parameters for Ceded are only available if your company uses the specific Ceded functionalities in SICS.
| Field | Description |
|---|---|
| Automatic Update of Headline Loss Location | Selected: System allows automatic update of headline loss location when processing claims through Ceded Interface. Cleared: System does not allow for automatic update of headline loss location when processing claims through Ceded Interface. Relevant when: You want the system to accept ceded claims processed thro |
| Automatic Update of Headline Loss Dates | Selected: System allows automatic update of headline loss period when processing claims through Ceded Interface. Cleared: System does not allow for automatic update of headline loss period when processing claims through Ceded Interface. Relevant when: You want the system to accept ceded claims processed through Ceded Interface with link to headline loss having loss dates that fall outside the Headline Loss period. Applicable for: P&C |
| Max Days for Auto Update of Headline Loss | Selected: If Automatic Update of Headline Loss Dates is selected, you can enter a number of days. System will allow an automatic update of headline loss period limited to defined number of days when processing claims through Ceded Interface. Cleared: If Automatic Update of Headline Loss Dates is selected, you can select to leave this field empty. System will allow any automatic update of headline loss period when processing claims through Ceded Interface. Relevant when: You want to limit the number of days the headline loss period should be automatically updated. Applicable for: P&C |
| Assign All Matching Protection Program Scopes of Cover for Claim PA Order | Selected: If an inward claim is valid on more than one section of a Protection Program, the system will assign the claim to all matching sections of that Protection Program. Cleared: If an inward claim is valid on more than one section of a Protection Program, the system determines the most proper section for the claim by applying the section at the lowest level in the Protection Program hierarchy. Relevant when: You run the Multi Claim Auto Protection Order and you want the system to assign the inward claim to several sections within the same Protection Program. Applicable for: P&C |