RENEWAL PLANNING

Year on year, the insurance industry commences the renewal process earlier and earlier as insurers continue to demand better and more detailed underwriting information. 

• But delivery of terms in good time is only as good as the weakest link in the chain.
• All parties involved in the information gathering and data analysis processes must keep to their agreed deadlines if renewal terms are to be provided in good time.
• The client, the appointed broker or consultant, RMP and AIG all need to keep to the plan in order to ensure a successful and timely result.

With this in mind, at RMP we have developed  our own generic Client Renewal Plan and Timetable consisting of some 18 key steps/ deadlines. A summary diagram is shown below. For a fuller document (in Adobe Acrobat PDF format) click here

Also, a copy of our generic Renewal Questionnaire (in Adobe Acrobat PDF format) can be found here.

We hope you find these items useful and welcome your enquiries if you have any questions regarding the renewal process or any other issues. Contact details can be found here.