Expert Insured joins the Selectsys Family of Solutions for MGAs, MGUs, Wholesalers, and Carriers Read the Press Release

Overview

This capability centralizes midterm policy changes, statutory notices, cancellations, and reinstatements in one controlled flow. It allows underwriting and servicing teams to execute changes with effective dating, rating impact, document issuance, and a full audit trail.

For MGAs, MGUs, wholesalers, and carriers, it reduces cycle time and errors while keeping every action visible across the policy record. It sits within Policy Management so changes are consistent with your broader lifecycle, from quote to bind through Policy Issuance. Expert Insured brings this together in an insurance operations platform designed for high-volume, compliance-heavy workflows.

Why it Matters

  • Cuts handling time for midterm changes with guided workflows and prefilled data.
  • Lowers compliance risk with configurable notice periods, state rules, and reason codes.
  • Improves cash accuracy via automated AP/RP calculations for endorsements and cancellations.
  • Reduces rework by syncing documents and activity history to the policy record, not disparate spreadsheets or your agency management system alone.

Who it is For

How it Works

  • Structured endorsement intake for common change types, with effective dating and impact preview.
  • Automated rating deltas for additional or return premium, including pro rata and short-rate calculations.
  • Cancellation workflows with configurable notice periods, reason codes, and reinstatement rules.
  • Notice generation and tracking, with storage in the Centralized Document Repository.
  • Amended dec pages and revised forms issued through Policy Issuance.
  • Document tagging and full-text retrieval via Document Tagging and Search.
  • Automatic attachment of output to the correct policy and term using Automatic Policy Association.
  • End-to-end audit trail aligned to the Policy Lifecycle Overview for downstream reporting.

Why Expert Insured is Best for Endorsements, Notices, Cancellations, and Reinstatements

Expert Insured unifies midterm servicing on a single data model so every change, rating impact, and document is consistent and reportable. Configurable workflows enforce approval paths and compliance timing without scripting, while reusable templates keep correspondence accurate at scale. As an insurance operations platform, it delivers speed and control across complex books, multi-entity programs, and varied lines without sacrificing auditability.

Related Articles

Creating Workflows for Endorsements, Cancellations, and Reinstatements
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The Ultimate Guide to Choosing Your Agency Management System

Frequently Asked Questions

You can process rating and non-rating changes such as limit and deductible updates, class and exposure changes, schedule modifications, named insured and address changes, and coverage adds or removals. The workflow guides you to the correct change type so downstream rating and documents are accurate.

Administrators set notice lead times, reason codes, and state-specific rules in configuration. Users select from those options during processing so the correct timing and language appear on the notice and related documents.

Yes. The system calculates additional or return premium during intake and provides a clear preview. You can validate the change alongside prior quotes and binds in your policy record, consistent with how you review pricing in Quote and Binder Generation.

Reinstatements follow a guided flow with lapse handling, fees if applicable, and updated documents. If premium changes are required, those are calculated and posted, and the amended dec is issued through Policy Issuance.

All outputs are filed to the policy term within Document Management and placed in the Centralized Document Repository. Documents are automatically linked to the policy and activity via Automatic Policy Association.

Use Document Tagging and Search to filter by endorsement type, cancellation, or reinstatement. The activity history and audit trail on the policy record provide line-by-line detail of who changed what and when.

Yes. You can require approvals for specific endorsements, cancellations, or reinstatements. Approvers are notified, and the change cannot be issued until approval is recorded, consistent with your rules in the broader Policy Lifecycle Overview.

Midterm actions live on the same policy record you use for New Business and Renewals. That keeps exposure, rating, and documents consistent throughout the lifecycle.

Enable the workflows within Policy Management, configure notice rules and approval paths, and test sample transactions. If you plan to add automation or scoring, review options in AI Solutions.