Change to Credit Limit Hierarchy

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What you need to know:

• We have changed how we decide what credit limit to apply for a debtor
• Manual overrides now have priority over Insurer limits
• Insurer limits have priority over the calculated DCL
• When promoting a client, you will now only be able to carry over the highest priority limit

We have changed the priority of manual overrides and insurer limits when calculating the credit limit for a debtor.

Previously, the order was:

1. Insurer obtained limit
2. Manual override
3. Calculated DCL

We have changed this to:

1. Manual override
2. Insurer obtained limit
3. Calculated DCL

The following new fields have been added to client export:

• AppliedLimitType - This is the type of limit ('Limit Override' / 'Insurer Limit' / 'DCL' ) that is applied to the debtor
• LatestInsurerLimit - This is the amount of the latest insurer limit. It may not necessarily be the applied limit (e.g. if there is also a limit override)
• CoverEndDate - This is the expiry date of insurer limit
• LatestOverrideAmount - This is the latest manual override amount
• ManualOverrideEndDate - This is the expiry date of the manual limit override
• IsOverrideFlaggedForRemoval - Overrides are flagged for removal when requests for cover are made to our insurers. When an insurance decision is made, these flagged overrides will be removed
• LatestDclAmount- This is the amount of the latest DCL that has been calculated (It may not necessarily be the applied limit)