Processes
Issue premium
How issue premium are reshaped as AGI capability advances.
ProcessesIssue premium
Business-as-Code
Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.
Issue premium sits inside a larger value-flow — 1 parent structure it composes into. The hierarchy is grounding, not the story: it tells you which aggregate exposure Issue premium inherits.
Where Issue premium sits
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How the work flows
Trigger: A new policy is bound, renewed, or endorsed, requiring the formal billing of the associated premium.
- Receive bound policy or endorsement details
- Calculate final premium and applicable taxes
- Generate premium billing schedule or invoice
- Dispatch premium notice to the policyholder or broker
- Record premium receivable in the accounting system
Outcome: The premium invoice is generated, dispatched to the policyholder or broker, and recorded as a receivable in the financial ledger.
Measured by
Premium Issuance Cycle TimeBilling Accuracy RateCost Per Premium Invoice