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Acturis Cargo
E-trade
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Acturis Cargo E-trade is a fully auto-rated placement route for simple risks
Cargo E-trade key features
- Simple and easy to use
- Quote and bind with minutes and available to trade 24/7/365
- Caters for new business, renewals and MTAs
- Identification and application of agreed broker specific wordings
- Identification and application of agreed broker specific commission levels
- Allows broker flexibility on commission, if required
- Elimination of accounts queries
- Provision of full audit trail
Tutorials and FAQs
How do I successfully submit Cargo E-trade risks on the Acturis platform?
How do I submit a manually traded cargo risk to NMU via E-trade?
Scenario A – Manually traded but on the wrong Product Target
If the risk is currently manually traded on Acturis using the ‘Marine/Air Cargo’ Product Target, use the Remarket Policy function and change to the ‘Cargo’ Product Target, save and select NMU and E-Trade on the Product Selection, then submit the risk.
Scenario B – Manually traded but already on the correct ‘Cargo’ Product Target
For renewal risks which are manually traded but already on the ‘Cargo’ Product Target, from the Renewal RFQ, use the Remarket Policy function and select NMU and E-trade, save and then submit the risk.
How do I renew an existing Cargo E-trade risk and place with NMU?
How do I process an E-trade MTA?
How do I change the commission level?
Scenario B – If you want to change the commission level after the premium has already been overridden by an Underwriter:
- First remove the Premium Override in the Rating Amounts screen, by reducing the Premium Override back to zero;
- then apply a Commission rate change, before altering the authorisation code to NMU Commission and resubmitting;
- You will then need to select ‘Submit to Underwriter’ to have the premium override reapplied.
What values should I enter for Limits and Sendings?
My RFQ has Refer Continued, what do I do?
My RFQ has Hard Referred, what do I do?
Can I obtain cover for Stock Throughput risks?
No. The NMU Cargo E-trade product is not currently designed to include Stock Throughput risks.
If you require terms for Stock Throughput insurance, please submit an enquiry via the NMU Cargo U-trade product.
Can I obtain cover for One-Off Single Shipment risks?
The Assured has not paid the premium, how do I cancel the Policy?
Our E-trade cargo product does not support E-traded cancellations, and as such the cancellation will need to be submitted manually.
Select the ‘Process Cancellation’ option and the system will advise that the Policy will be set to manual.
Please then email our Cargo E-trade team at NMU-acturiscargo@nmu.co.uk to request cancellation of your E-trade policy, including any relevant copy correspondence and detailing what measures have been pursued to try to obtain payment of the premium.
The Assured has ceased trading, how do I cancel the Policy mid-term?
Our E-trade cargo product does not support E-traded cancellations, and as such the cancellation will need to be submitted manually.
Select the ‘Process Cancellation’ option and the system will advise that the Policy will be set to manual.
Please then email our Cargo E-trade team at NMU-acturiscargo@nmu.co.uk to request cancellation of your E-trade policy, including an explanation of the reason for cancellation.
Can I obtain cover for Freight Liabilities?
No. Our Cargo E-Trade product is designed solely for first party cover for cargo goods owners not third-party logistics providers such as haulage contractors, freight forwarders or warehouse keepers.
If you require terms for Freight Liability Insurance, please submit an enquiry via our Freight & Hauliers Liability U-trade product.
Get in touch with us
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