Fairtrigger

This demo keeps the book in memory. A new server starts from the seed, so a bind here does not survive a cold start. Set DATABASE_URL to a free Postgres database to keep it.

Demo book. These companies are fictional and this session is not your account. Sign in from Offload risk or Take on risk to keep an organization.

Demo — not an offer of insurance. Contracts will be issued by a licensed carrier.

Double entry

Collateral, premium, payout

Live books balance · debits $3,938,860.82 · credits $3,938,860.82.

AccountDebitCreditNet
Buyer cash cash:buyer:org_copper$80,000$429.38$79,570.62
Buyer cash cash:buyer:org_lookout$180,000$5,308.52$174,691.48
Buyer cash cash:buyer:org_redclay$120,000$8,477.21$111,522.79
Buyer cash cash:buyer:org_ridgeline$255,000$2,345.88$252,654.12
Buyer cash cash:buyer:org_sim_bell$150,000$0$150,000
Buyer cash cash:buyer:org_sim_creek$150,000$120.33$149,879.67
Buyer cash cash:buyer:org_sim_garden$150,000$0$150,000
Buyer cash cash:buyer:org_sim_hollow$150,000$1,324.71$148,675.29
Buyer cash cash:buyer:org_sim_mile$150,000$0$150,000
Buyer cash cash:buyer:org_sim_orchard$150,000$0$150,000
Buyer cash cash:buyer:org_sim_stage$150,000$0$150,000
Buyer cash cash:buyer:org_sim_sycamore$150,000$0$150,000
Buyer cash cash:buyer:org_southline$200,000$313.51$199,686.49
Capital cash cash:capital:org_cumberland$220,000$0$220,000
Capital cash cash:capital:org_ironwood$400,000$0$400,000
Capital cash cash:capital:org_kiln$160,000$0$160,000
Capital cash cash:capital:org_lanternre$500,000$0$500,000
Capital cash cash:capital:org_northglass$180,000$40,000$140,000

Journal

  • premium Premium paidCr $429.38
  • premium Risk premium earmarked for capitalDr $335.45
  • premium Platform feeDr $50
  • premium Fronting fee held for the licensed counterpartyDr $23.48
  • premium State premium tax held to remitDr $20.45
  • collateral_lock Escrow lockedDr $6,000
  • collateral_lock Collateral postedCr $6,000
  • premium Premium paidCr $120.33
  • premium Risk premium earmarked for capitalDr $60.37
  • premium Platform feeDr $50
  • premium Fronting fee held for the licensed counterpartyDr $4.23
  • premium State premium tax held to remitDr $5.73

Why the agent acted

  • allowed · risk_posted

    Pays $1,000 per day the high at Charlotte Douglas (USW00013881) reaches 95°F after the first 6 such days, in July. Cap $5,000.

  • needs_approval · auction_cleared

    Premium $267.40 is above the $200 ask-me line. A person has to say yes.

  • allowed · risk_posted

    Pays $2,500 per day Chattanooga Lovell Field (USW00013882) records at least 0.5 in of precipitation, after the first 7 such days, in March. Cap $10,000.

  • allowed · auction_cleared

    Inside the mandate.

  • allowed · risk_posted

    Pays $1,500 per day the high at Nashville International (USW00013897) reaches 95°F after the first 5 such days, in June. Cap $6,000.

  • allowed · auction_cleared

    Inside the mandate.

  • allowed · risk_posted

    Pays $800 per day Knoxville McGhee Tyson (USW00013891) records a max wind of at least 30 mph after the first 3 such days, in April. Cap $4,000.

  • allowed · auction_cleared

    Inside the mandate.

  • allowed · risk_posted

    Pays $1,500 per day Atlanta Hartsfield-Jackson (USW00013874) records at least 0.5 in of precipitation, after the first 4 such days, in July. Cap $8,000.

  • allowed · auction_cleared

    Inside the mandate.

  • allowed · risk_posted

    Pays $1,500 per day the lane's delay reaches 3 hours after the first 2 such days, in June. Cap $7,500. Priced on a labeled preview series, not a public archive.

  • allowed · auction_cleared

    A person approved this historical line. It does not spend this month's mandate.

  • allowed · risk_posted

    Pays $2,000 per day Chattanooga Lovell Field (USW00013882) records at least 0.25 in of precipitation, after the first 5 such days, in March. Cap $28,000.

  • allowed · auction_cleared

    A person approved this historical line. It does not spend this month's mandate.

  • allowed · risk_posted

    Pays $1,200 per day the low at Huntsville International (USW00003856) is 32°F or colder after the first 4 such days, in Winter. Cap $5,000.

  • allowed · trigger_settled

    2021 paid $5000 from 9.0 trigger units.

  • allowed · auction_cleared

    A person approved this historical line. It does not spend this month's mandate.

  • allowed · risk_posted

    Pays $2,500 per day Chattanooga Lovell Field (USW00013882) records at least 0.25 in of precipitation, after the first 7 such days, in March. Cap $10,000.