The definitive guide to commercial insurance renewal
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The definitive guide to commercial insurance renewal
Data security and hosting
• Does the RMIS vendor have data security accreditation, eg ISO27001,
HIPAA and SSAE16/ISAE 3402 audit?
• Does the system offer single sign on, password protection and data
encryption options?
• Where will data be hosted?
RMIS vendor information
•
Does the RMIS vendor have a good track record of delivering
renewal solutions?
• Do they have good insurance and technology expertise?
• Are they able to offer ongoing support and maintenance?
• Do they have a consistent and healthy financial position over the last
3 years?
• How many companies with a similar profile to yours have partnered
with the vendor in the last two years?
score out of 5
Total
Total
score out of 5
Five key areas to consider when evaluating a RMIS for renewal
