Flexible Enums, New Cyber and Management Liability Products

Flexible Inputs

We launched a new, beta behavior for certain parameters to allow more flexibility. Flexible Inputs give you the option to dynamically render an input as a [.h-code]select_one[.h-code], or design a custom input with more flexibility.

• Dynamic Input: These parameters have an input type of [.h-code]select_one[.h-code]. You can render all [.h-code]select_one[.h-code] parameters dynamically, using the enum values that are provided in the parameter schema. Rendering an input dynamically will give you a pre-selected list of enum values selected by Herald.
• Flexible, Custom Input: Unlike other [.h-code]select_one parameters[.h-code], these flexible parameters accept values outside of the provided enum list. For example, Herald will accept any requested value for Aggregate Limit. If you want to customize the input for Aggregate Limit, you can craft your very own enum list to select from, or even allow your users to type their desired Aggregate Limit!

All of this is possible because of our Data Coercion, which will map any desired limit to the closest limit a institution offers. This way, you can request any coverage limit when making a submission, and Herald will deliver the closest available coverage from each institution. Read more about which parameters offer this flexibility here.

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Cyber and Management Liability

This week we launched 4 new integrations, including 3 new Cyber Products (bringing our total supported Cyber Products to 14) and 1 new Management Liability Product (bringing our total supported Management Liability Products to 5).

Features and Improvements

• We expanded our quote response to include an underwriters [.h-code]contact[.h-code] information when it’s provided by the institution.
• We added a new [.h-code]status_detail[.h-code] to communicate when a quote is rejected because the State and ZIP code do not match.
• We reduced the amount of time it takes to receive a quote by enhancing our quote processor.
• We enhanced our data cleaning to support incorrectly formatted dates, cleaning a date such as [.h-code]2023-11-4[.h-code] to the correct format [.h-code]2023-11-04[.h-code].
• We added additional price details for certain products to communicate yearly fees.
• We updated our [.h-code]minimum[.h-code] value for total employees from [.h-code]1[.h-code] to [.h-code]0[.h-code], to accommodate businesses that have owners but no employees.
• We fixed a bug that was preventing us from delivering Quote Summary Files for a certain product.
• We enhanced one of our Management Liability products to deliver quotes instead of indications!
• We updated our default value for EPLI Aggregate Retention from $5K to $25,000 (You always have the ability to request a custom amount).