General Information
Electronic trading is our preferred method of you doing business with us. Where we have agreed to do so we will trade with you via an electronic trading system.
Whether you trade with us via your own bespoke system or one of the generally available insurance broking systems from a Software Vendor, all aspects of this document apply equally.
If you use third parties in the transmission of electronic business to us, we will consider them as your Agent for whom you accept full liability for their actions and any resulting omissions or breaches of the requirements outlined in this document.
You should inform us of the presence of any website or e-trading platform through which you operate or intend to operate on which our name, rates or products appear and seek our agreement of this. Similarly, this applies to any link to our website.
It is important to follow the procedures outlined by Allianz Retail and your system provider when using the system and to follow system (rate) update procedures; This means you will:
- Transmit in and out every day.
- Ensure you are using the most up to date version of software and rates as issued to you by the Software Vendor.
- Not impede the recommended daily processing and reporting recommended by your Software Vendor.
- This means that any applicable rate guarantee relevant at that time will apply. You should be aware of any software vendor conditions applying to guarantees.
- If you do not operate via EDI you can bind or confirm cover within the terms of your quote system or any agents underwriting guide that Allianz Retail may issue from time to time.
In connection with the issue of cover notes our preferred method is for the issue of electronic covernotes via the I-Market facility. We will however continue to accept cover notes issued from a manual cover note book.