Quoted risk status

Quoted risks have been rated (i.e. received a price) and are ready to be bound. 

Any risk that is ready to be bound is housed under the Dashboard tiles Quoted Risks, SAU Quoted Risks or Amendments to be Bound.

If you are satisfied with the quote, you can then bind the risk under the Quote tab. Once you have the bound the risk, the Risk Status will change.

If you are not satisfied with the quote, you have the option to request a re-quote and initiate negotiations with Underwriters; if you do so, the risk will move to SAU and the Risk Status will change.