Now, using The Insurance Workplace (TIW), your Endorsements can easily be transacted electronically:
- after the risk was placed manually,
- electronically through TIW or
- part manually and part through TIW
In the Endorsement process the Slip Leader (lead Carrier) determines which parties on a contract need to be involved in the agreement of the Endorsement. This can be changed on an Endorsement by Endorsement basis.
A simple Endorsement, not involving a change of premium, may need to be agreed only by the Slip Leader. Other, more complex, Endorsements may require progressively more levels of agreement by the participants on the risk.
Because TIW Group was a pioneer in enabling electronic endorsement processing you can be confident you are working with the right organisation.