You can set up your system to use SWBC as an outsourced insurance vendor. Perform the following procedures in the order listed:
- Set up an Unknown insurance payee. If you receive insurance records with no insurance company information, the system will assign them to an unknown payee.
- Set up warning statuses for the SWBC Insurance import.
- INSCANX warning: This warning is applied if the policy on a loan is cancelled.
- RSCHHAZ warning: This warning is applied if the loan needs to be researched because there is another insurance policy on the loan that does not match the insurance record on the import.
- Set up outsourced insurance cross-references
To set up an unknown insurance payee, perform the following:
- Open System Administration, click Setup, select Payee, and then click Open. The Find Payee screen appears.
- Click New.
- Enter Unknown in the Payee ID field, and enter information as needed.
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Click OK.
To display a warning if the policy on a loan is cancelled, perform the following: - In System Administration, click Setup, select Warning Status, click Open.
- Click New, and then enter INSCANX in the Warning field.
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Enter warning status information as needed, and then click OK.
To display a warning if a loan has an insurance policy that does not match the insurance record on the import, perform the following:
- In System Administration, click Setup, select Warning Status, click Open.
- Click New, and then enter RSCHHAZ in the Warning field.
- Enter warning status information as needed, and then click OK.
To set up outsourced insurance cross-references, perform the following:
- In System Administration, click Setup, select Outsourced Insurance, and then click Open.
- Set up cross-references as needed, and then click OK.
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000049463