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Streamlining the Insurance Renewal Process: A Zen Guide

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UNDERSTAND YOUR VISION Once you have a clear vision of what you want to achieve, you can start to think about how your data will shape the outcome. Ask yourself: What is my objective? ASSESS YOUR OPTIONS To determine whether you're in a good position with your insurers, you need to determine: » Have your business operations changed over the past year? » Does your current insurance arrangement cover the new needs of the business adequately? » What information will your insurers need from you to assess your business risk? The insurance renewal period is a great time to assess your company's current program. » New business objectives or changing operations » Changing risk management goals Now is the time to evaluate how your risk management and insurance program responds to this. REMEMBER: VENTIV RENEWAL PROCESS – A ZEN GUIDE | 2

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