Optimizing the renewal process with technology

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      <subfield code="a">Today, effective risk-insurance managers are using Risk Management lnformation Systems [RMIS) to help them reduce the time taken to collect data and produce reports. Furthermore, they are using these systems to improve data accuracy and, help ensure up-to-date and complete sets of data are collected and disclosed to brokers and underwriters. By providing high-quality renewal data and claims records, risk-insurance managers are able to help safeguard against excessive premiums, underinsurance and voided policies, when claims are made. If you are looking to optimize your organization's insurance renewal, we walk through a timetable  for your insurance renewal, highlight what information is required and how the renewal data is used. We'lI also discuss the main challenges risk-insurance managers face during renewal and how a RMIS can help, as well as sharing best practices and client success stories</subfield>
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