Chapter - 4 : Premium Bordereaux Process


XML Message <PremiumBordereauxProcess>, <PremiumBordereauxProcessResult>
Definition These messages pass financial report information for a specified time period. The financial report could be related to a premium paid on a policy or commissions paid on a policy.
Schedule A client company can send a PremiumBordereauxProcess message to the host when a premium payment is made on a policy. This message could be real time or batch mode.
On a planned schedule the client may send a PremiumBordereauxProcess message in batch mode per commission statement reporting on commissions paid on active policies.

Please refer to the ACORD AML schema, the XPath mapping document for Required Fields and the corresponding sample AML files (Appendix B) for modeling and mapping purposes.