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Created by Jack Even
Created on May 16, 2025

Monitor SIPP Re-class: Moving 12 Passenger Vans out of XVAR

Situation: XVAR is a SIPP code used for 12 passenger vans. However, the Insurance Rate Report indicates that XVAR is under the wrong rate plan.

Problem: XVAR is under the 'Car' rate plan.

Impact: Lost revenue opportunity by not charging the higher 'Van' insurance rate.

Need: IT to monitor when Corp VA changes the SIPP used for 12 passenger vans. Corp VA to move them out of XVAR and into an old, existing SIPP previously used for 7 passenger vans.

Benefit: Increased revenue from charging a higher insurance rate.

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