Doc Val as of 07/06/2024. Awaiting written confirmation from Andrea Kerr
AUDIT REQUIREMENTS FOR NEW BUSINESS RISKS PLACED WITH PRESTIGE
ALL PRIVATE CAR & COMMERCIAL VEHICLE RISKS
- Copy of the Policyholder’s Driving Licence (photo & paper part)
- Once licence is received please check that the name, address, DOB and conviction details correspond with details on the Statement of Fact; if they do not, please contact motor underwriting for the amended annual premium
NB:
If the required documents are not received 7 days after inception please issue a chaser letter to client
If you have not received the outstanding document(s) 14 days after inception then please issue a further chaser letter to advise that the policy will be cancelled within 7 days
If documents are still not received 21 days after inception please issue a cancellation letter to client.
Please refer to Prestige Underwriting before cancelling the policy if these documents are not received on the 28th day after inception
MOTOR – EDI RISKS
- Statement of fact- Schedule
- Certificate
- Policyholder’s Driving Licence (photo & paper part)
- Licence relating to relevant driver if accident, claim or conviction has been disclosed
- Proof of No Claims Bonus
- If a Company Car introductory discount has been given please provide a letter from previous employer and a copy of policyholders driving licence
- If a Second Car introductory discount has been given please provide proof of alternative insurance showing 4 years or more NCB and a copy of policyholder’s driving licence
Please also keep a copy of the Schedule and Certificate for adjustments, temporary adjustments, cancellations and renewals.