Specific Declined By Market Statuses
Appulate now has three new Declined by Market statuses that allow to more specifically communicate the reason a submission has been declined:
- Declined by Market (Reserved) – another agent had already submitted a quote for this insured before you did,
- Declined by Market (No Appetite) – this insured did not fulfil the market’s underwriting criteria,
- Declined by Market (Other) – the quote was declined for some other reason.
Markets that use Appulate submission type can assign Declined by Market statuses themselves.
Agents working with markets that use submission types can assign Declined by Market statuses using the dropdown menu. Note that you can revert from a Declined by Market status to the quote’s preceding status using the same dropdown.