The definitive guide to commercial insurance renewal
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Why should you use a RMIS 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 modern RMIS can address
these issues.
1. Easy access to renewal data
2. Integrating data into one central system
3. Saving time
4. Increasing data submissions
5. Improving data quality
6. Auditability
7. Achieving better communication and sharing information
