Creating a Product

Once you have created a new product line you can create new products.

To create a product

  1. Navigate to the Administration - Product screen, and then the Products view.

  2. In the Products list, add a record, and complete the necessary fields as described in the following table.

    Field Description

    Avg Profit

    Average profit generated by product.

    Sub Type

    Product groupings by Pension, Asset, Liability, Life & Annuity, Personal Lines Insurance, Service, Transaction, Group Insurance, Individual Health Insurance, Derivative, Currency, Commodity, and Commercial Insurance.

    Equivalent Product

    Products to be used in comparisons.

    Profit Rank

    Ranking of product by profit generation.

    Region

    Geographic region using this product.

    Status

    Current availability of the product.

    Note: Some of these fields might not be visible. You might want to reveal them using the Columns Displayed command from the Menu drop-down list.