What is the purpose of the Volumes Table in AXIS?
It informs AXIS which items should be projected and, to a lesser extent, how to perform the projection.
What does a Volumes Table primarily define?
It primarily defines new business but can also represent inforce blocks that lack detailed policy-level data.
What is the Run Model Point feature in AXIS?
A tool within the Volumes Table that allows users to run a single representative policy (model point) for reconciliation before full projections.
What are inforce policies?
Inforce policies are active, existing insurance contracts that are currently on the company’s books and not lapsed or terminated.
What does ‘seriatim’ mean in AXIS?
‘Seriatim’ means detailed, policy-by-policy records — each record represents an individual policy.
How does AXIS receive seriatim data for inforce policies?
Through the DataLink process, which imports policy-level data into AXIS for projection and analysis.
