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Resources

BIND resources are the core building blocks of the standard. Each resource represents a distinct concept in insurance.

Infrastructure

ResourceDescription
BundleA Bundle is a container for a collection of BIND resources.

Parties

ResourceDescription
InsuredAn insured entity in the BIND system.
OrganizationAn organization involved in the insurance ecosystem.
PersonAn individual person involved in the insurance ecosystem.
PersonRoleThe role a Person plays within an Organization.

Workflow

ResourceDescription
SubmissionA submission represents a request for insurance coverage sent from a broker to a carrier.
QuoteA quote represents a carrier's offer to provide insurance coverage at a specified premium.

Contract

ResourceDescription
PolicyA bound insurance policy — the central resource in the BIND standard.
CoverageA specific coverage section within a policy.

Risk & Property

ResourceDescription
RiskAn insurable risk item — the most architecturally significant domain resource.
LocationA physical location or premises that is insured or relevant to a policy.

Claims

ResourceDescription
ClaimA claim represents an insured's report of a loss or incident that may be covered under their policy.