Whitespace Platform 4+

Digital (Re)Insurance

Whitespace Software Limited

    • Free

Screenshots

Description

Whitespace enables the creation, negotiation, placing and onward processing of truly digital (Re)Insurance contracts.

Using Whitespace, brokers and underwriters deliver value to their clients at any time and from anywhere. It supports face to face discussion and complex risks, as well as more straightforward risks.

Key features include:

Instant contract comparison results
Mobile access that synchronises with all your devices and updates in realtime
Collaborate on contracts with fellow counter parties
Rich, digital contract data
Easy to use, intuitive user interface
Access to APIs for integration to other systems
Management Information
Work as part of a team or multiple teams

Key placing features:

Quote
Bind
Sign
Endorsements

What’s New

Version 2.18.0

New Features
Correcting the Stamp on an Unsigned Written Line
• Until a contract is signed, underwriters may change a stamp they put down incorrectly when they wrote a line.
• The underwriter should ask the broker to revert the contract to the firm order stage if a stamp on a signed contract needs to be corrected.
• It is not possible to use this functionality to change line size, quote validity, line conditions, or subjectivities. In these cases, the underwriter should ask the broker to either propose a new line or remove the existing line.
• Stamp corrections require broker approval except when the underwriter is only updating references.

Removing a Written Line From a Firm Order
• Brokers may now remove a line written on an unsigned contract.
• When an underwriter’s line has been removed, their contract is changed to ‘Firm order withdrawn’ status.
• Line removals require underwriter approval except when the broker is removing off-platform lines or lines binding (non-)notify parties.

Creating Custom Mirror Stamps
• Mirror stamps can have fully custom descriptions, and may be put down using any stamp available to the underwriter or off-platform (re)insurer.
• Mirror stamps with custom descriptions can be added whenever writing a full stamp, on- or off-platform.

Using Multiple Mirror Stamps
• Users are no longer restricted to a single mirror stamp when putting down a main stamp.
• Each stamp available to the underwriter or off-platform (re)insurer may be used as a mirror once per main stamp.
• Only one mirror stamp may use the default description text of “Applying to EEA Risks”.
• When writing an off-platform line, only the off-platform (re)insurer’s pre-existing stamps may be used as mirror stamps. Freshly created off-platform stamps are not available.

Enhancements
Suggesting Stamps on a Declaration
• When showing a declaration to a facility panel member, brokers may choose to suggest a single stamp from amongst the stamps used on the original facility agreement contract.

App Privacy

The developer, Whitespace Software Limited, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Contact Info
  • User Content
  • Identifiers
  • Other Data

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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