Solutions / Insurance agencies / Reading a property schedule from a spreadsheet into the application

Reading a property schedule from a spreadsheet into the application

Nobody building a property spreadsheet is thinking about an ACORD 139. Locations arrive in whatever columns the person who manages them uses, while the target is fixed: building value apart from contents, construction class, year built, protection class, and business income. What goes wrong is arithmetic and duplication. A total that does not tie to the rows beneath it, or one location entered twice under two spellings of a street. Any value the reading changes rather than moves belongs on the face of the output.


Context / insurance agencies Why this one is worth doing here

A certificate request arrives as a sentence in an email, and answering it correctly requires deciding which endorsements the policy actually grants.

The agency management system is the record, and a standardised download feed keeps parts of it current. The feed is positional flat file in origin, its coverage varies by carrier and by line of business, and a policy that arrives without matching an existing record lands in a queue somebody clears by hand.

Systems this usually touches

  • Excel
  • Indio
  • Applied Epic

When this is the wrong thing to build

Pick something else if the schedule arrives as a photograph of a printed list, or if the insured will only give values as one total for the account. Neither gives you rows, and inventing rows to fill an ACORD 139 is worse than typing the ones you were handed.

The constraint that shapes it

Producing a quote or binding coverage happens under a licence that is issued per state and per line, and separately under a carrier appointment, so a person can be licensed without being appointed. More on how this sector works.

The same shape elsewhere / Document extraction 12 sectors run it

A file arrives. The fields come back typed and checkable. Read what this shape is, or start from one of these.

Real estate
Reading dates out of a ratified contract
Real estate
Abstracting a commercial lease into dated fields
Real estate
Filling an MLS input sheet from the listing agreement
Law firms
Turning a docket entry into a calendar
Law firms
Turning a delivered transcript into a usable set of cites
Law firms
Coding a filing fee to the matter that will repay it
What people ask about this 5 of them
  • How do I get an insured spreadsheet of locations onto an ACORD 139?
  • What does an underwriter need per location on a statement of values?
  • Why do total insured values not match the sum of the locations?
  • Can a statement of values be built from a property manager export?
  • What is the difference between ACORD 139 and ACORD 140?

Back to insurance agencies, or see how this is priced and scoped.