THE ULTIMATE GUIDE TO RENEWALS: Leave Your Spreadsheets Behind 8
WHY SHOULD YOU
USE TECHNOLOGY
FOR YOUR RENEWAL?
We've already shared with you some of the main
factors for a successful market submission and how
your data will be used. Clearly, the volume of data
required for a successful submission can very quickly
mount up. For risk/insurance departments using
spreadsheets and paper-based records, this can
present a significant challenge and drain on resource.
In this section, we will address the key challenges clients
face when collecting renewal data, and focus on how a
Ventiv can address these issues.
1. Integrating data into one central system
2. Saving time
3. Increasing data submissions
4. Improving data quality
5. Auditability
6. Achieving better communication and sharing information
