AAIS lines of business
Rate the records behind money the insured is owed
Accounts Receivable covers the cost of reconstructing records and the sums that cannot be collected when those records are destroyed. It rates on SelectRate with new business and renewal on the same governed model as every other line.
What Accounts Receivable covers
If a fire destroys the records of what customers owe, the loss is not the paper. It is the cost of reconstructing the records and the receivables that can no longer be collected. Accounts Receivable covers that, and it is a coverage most commercial accounts should be asked about more often than they are.
On SelectRate it rates on the same governed model as the rest of the book, with new business and renewal both available and a worksheet behind every premium.
What SelectRate rates on this line
Everything below is rated on the filed AAIS methodology. Where the filing leaves a value to the company, it is a value your program supplies, and the worksheet names it as yours.
Governed content
The AAIS content maintained for you, effective dated and read only.
Program configuration
This product is configured through your carrier terms for it rather than through open rate slots, so a program is agreed once and applied consistently.
New business and renewal
Both transactions rate, each on the versions in force at its own effective date.
Worksheet
Every step, the value it used and where that value came from.
One account, many lines
Written alongside property and the floaters in the same account, not in a separate system.
Rating API
Available over the same endpoint and the same entitlement model as every other product.
Where it sits in the book
Accounts Receivable is rarely the reason an account is written, and that is exactly why it is worth having on the same platform as the lines that are. An underwriter adds it without leaving the account, and it appears on the same worksheet discipline as everything else.
The program for this product is a set of agreed carrier terms rather than a wide surface of company rate slots. In practice that means less to configure and less to get wrong.
Start from the standard
Nobody should have to build a Accounts Receivable program from an empty screen. Every organization on SelectRate has a Standard Accounts Receivable: a governed program sitting directly on the published AAIS foundation, ready to inspect and test.
It tells you where you actually stand. Which states are in force. Which are ready to rate now. Which are waiting on a company value, and exactly which value. You run Program Test on it, and when you are ready you create your own program from it.
Governed foundation
The published AAIS content for Accounts Receivable, maintained by Selectsys and read only.
Standard Accounts Receivable
One per organization. Inspect the states, see what is ready and what needs a company value, and run Program Test.
Your program
Created from the standard, with your company values, adoption dates and authorized deviations on top.
Configure what makes your program different
Your Accounts Receivable program is the part the filing leaves to the company: the loss cost multiplier where one applies, the selections inside the bounds the filing sets, adoption dates and any deviation your carrier has authorized. The filed content underneath is not yours to change and not yours to maintain.
Configuration happens in Program Studio as a draft, and a draft is tested before it becomes real. Program Test rates your draft configuration against the risks you choose, before anything is published. Review lists exactly what a version changes against what is published, state by state, and publication is a decision a person makes.
A published version is immutable. Every quote, policy and worksheet records the version it rated with, so a premium stays reproducible after the program has moved on.
The Workbench adapts to the rating product
Underwriter Workbench does not carry a hand built screen per line. The intake comes from the rating product itself, so Accounts Receivable presents the exposures it is actually written on, with the governed classifications and option lists for the state and the effective date.
Repeating exposures repeat. Referrals surface as referrals rather than as a failed request. And every premium carries its worksheet: each step, the value it used, and where that value came from, which layer and which version. That is the artifact an audit asks for, and it exists whether the rating came from the Workbench or from your own system over the Rating API.
New business and renewal
Accounts Receivable rates new business and renewal. Each transaction resolves the content and the program versions in force at its own effective date, so a renewal is rated on what applies at renewal and the expiring term keeps what it was written on.
The rest of the policy lifecycle runs on the same platform and the same governed model. Ask us where it stands for the products in your program.
Common questions
Is Accounts Receivable available now?
Yes, with new business and renewal rating and a Standard Program in every organization.
How is the program configured?
Through your carrier terms for this product rather than through open rate slots, so there is a single agreed configuration rather than a wide set of values to maintain.
Can it be written alongside other lines in one account?
Yes. One Program Studio, one Underwriter Workbench, one Rating API and one policy search across every line.
See it inside a real account
Accounts Receivable makes most sense shown next to the property program it sits beside. Book a call and we will do exactly that.