How Do I Use the Owner Coverage Report?

Proformex lets you go in-depth with your policy owners in the Owners page. Learn how to use it below.

Proformex allows you to create and use Reports with your policy owners in two ways: 

1. Owner Reports which allow you to look at groups of owners inside your book of business

2. Coverage Reports which provide insight for a specific owner

Owner Reports

From the People option in the navigation menu, select Owners: 

You will be taken to a page listing all the Owners in your platform.  You can use the button in the top right to change the columns in the table. 
The table can also be filtered and the results saved as an Owner Report.  For example, you may want to create Owner Reports which group your Owners by Owner type:  

1. Click the button at the top right of the page.  

2.  Use the modal which pops up to filter by field, operation and value.  Here we have filtered the results to only include Corporate owners:  

Press the Apply button and the search will return a list of only the Corporate Owners in your platform.  Use the 'Save As' button in the top left to save this search.  You will be prompted to save the Report with a name and description.  

To find the Report later, go to the Reports menu option and select Owner Reports.   

The Owner Reports page is where all the owner related reports you have created are stored.  Some popular Owner Reports are: 

• High Contract Count Owners
• Corporate Owners
• Trust Owners
• Total Assets / Assets over $2M
• Owners by specific State
• Owners by specific last name

Coverage Report

A Coverage Report allow you to look closely at the policies and contracts associated with a particular owner.  To generate one, start by clicking the owner name to navigate to the Owner Details page, then scroll down the list of options on the far left to Coverage Report: 

Select Add Coverage Report. You will then be able to choose a Template and opt to include a list of All Life Policies and Annuities by selecting either checkbox.

 When a Template is selected, a list of the saved Reports (generated from Life Policies or Annuities) are shown with a table(s) of policies that fit that criteria. 
Note, to reconfigure any columns within the table(s), those changes must be made at the report level.

Users also have the option to add Recommendation text at the bottom of the screen. 


Select Next and you will have the option to edit the Cover Page and Disclosure used in the Report: 


Click the Generate button on the far right.  The report is then made into a pdf which is also automatically saved for future reference.  

Please keep in mind annuities are only visible for customers with the Annuity Module. If you'd like to learn more about this add-on, please reach out to your Customer Success Manager!