How is a Panel created?
The first step to create a Panel is to identify appropriate counterparties whose Profile fits with the type of business the User wishes to do. This is done via a system-wide search and identified candidates can then be invited to become Panel Members through the system’s internal messaging capability Once acceptance has occurred, each party appears on the other’s Panel and the counterparties can then transact business as well as mail each other from within the system. Adding an underwriter to a broker’s Panel means that, when a transaction is being marketed by a broker, that underwriter will automatically be in the broker’s list of potential recipients if the risk details match the underwriter’s preferences which he created in his Business Profile. A party can also be removed from a Panel unilaterally.
