Update policy

Updates the specified standard policy, step policy (HD model), or step policy template.

• A standard policy follows a traditional insurance payment structure where the payout is based on the terms and conditions specified in the policy without any step-like intervals.
• A step policy is an insurance payment structure that follows a step-like function, where the payment amount is a prescribed value over a certain interval (step) and jumps to another prescribed value in an adjacent interval. Payout occurs when losses match criteria specified for a one of the steps.
• A step policy template is an outline of step policy that has not been is assigned to an account.

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Batch Processing

Use Bulk Edit Exposures to create, update, or delete multiple exposures (portfolios, accounts, locations, policies, or treaties) in a single request.