OPTIMIZING THE RENEWAL PROCESS WITH TECHNOLOGY 22
A RMIS is a powerful tool for helping make your
commercial insurance renewal successful.
Effective risk/insurance managers are
harnessing the power of these systems, to
deliver efficiencies, compile accurate information
and optimize their market submissions.
In this eBook, we discussed what data is required
during the renewal process, and how data is used to
price your risks and set policy conditions.
We also covered the top challenges you will most
likely face when collecting and verifying data during
the insurance renewal, and suggested ways to solve
these issues using a RMIS.
We hope this eBook has helped with your evaluation
and outlined the reasons for implementing a RMIS.
CONCLUSION
