Page 5 - Compilation

Underwriting Process

THRIVE FINANCIAL LTD.

If the adviser needs to attend to the outstanding requirement, If a cancellation form has been supplied
load an "underwriting task" for the adviser to complete, Create a task for the adviser by the Adviser, send this form to
with all of the information and documentation attached. to review the terms with their Client.
the necessary entities.

Create a task to review whether
Once terms has been received, existing policies are being replaced
move the PD Deal to "Terms Oered". and needs to be cancelled.
Discuss outstanding requirements If it is a requirement that can be Create a task to follow up
with the necessary Adviser completed by the underwriting manager, with the adviser in 2 days. Create a task to follow up
to establish a plan of action. please contact the client to complete the cancellation within 7 Days.
the outstanding requirements.

START Document all steps and interactions
Receive initial Underwriting with advisers and Clients Document response from Adviser in PD.
e-mail from Chris. on the Client's PD Deal.

If there are outstanding requirements Once all policy schedules
to be completed move the deal from Repeat steps 4 to 12 has been received,
"Initial Underwriting" to "Req Requested". until terms are received mark the deal as "won" in PD.
from the insurer. If adviser advised to proceed to

Move the PD Deal from Submit all necessary issue the policy, contact the insurer Forward all correspondence relating
``Application Submitted’’ to documents to the Insurer and request that they issue to Underwriting and Cancellations
``Initial Underwriting’’. as per their request. the policy, document to the PD Deal.
the discussion in PD.
Move the deal from Create a task to follow up
If there are no outstanding requirements, "Req Requested" to "Req Completed". with the insurer in 2 days,
create a task to follow up the progress to ensure that the cover has been issued.
of the application in 3 days with the insurer.

Review e-mail to establish Create a task to follow-up Move the PD Deal from
any outstanding requirements, if any. the progress of the application "Terms Oered" to "Cover Issued". ADVISERS
in 3 days with the insurer.
CHRIS

GESINA