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Renewal Management

Reduce premiums and simplify your renewal management process

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Virtual with Ventiv: Take control of your renewals in a remote environment

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We believe that our investment is worthwhile. We could not achieve the same results without an excessive amount of manual effort and time.

Giles Shepherd, Insurance Manager, Imperial Brands

This year, our agencies submitted a total of 1,643 forms online, which is a 98% completion rate. They have never had such a high completion rate; last year was 27%. Our agencies found the forms easy to navigate and especially appreciated the ability to create users on the spot for delegation.

Australian Public Sector Client

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Provide a more accurate picture of your business risk 

Simply and improve the renewal submission process.

Improve data quality and shorten response times

Replace spreadsheets with intuitive surveys.

Manage user access and approvals

Administer your renewal process with ease.

Simplify your reporting with custom dashboards

Keep track of tasks and identify trends in real time.

Gain a comprehensive view of risk with real-time data from the field

Accurate, timely data is the foundation of successful insurance renewal submissions and reduced premiums. 

Field users are often the best sources of risk data. Now, you can have real-time data at your fingertips with direct input from your field users across the globe. 

Build intuitive renewal questionnaires in minutes

Eliminate spreadsheets from your renewal process and distribute simple surveys with the click of a button. 

  • Field users can easily complete surveys without any training. 
  • Questions can be designed to ensure data is always collected accurately.
  • Alerts can be set up to monitor unusual or notable variations from prior values. 
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Achieve complete control over your renewal process

As the administrator, you decide who has access to certain parts of the solution. For example, field users can have the ability to submit surveys, but not to edit questions. 

  • Set up an approval process to ensure accurate submissions. 
  • Receive notifications when there is a task to be approved or if a value exceeds a certain threshold. 
  • If a submission is rejected, the submitter can automatically be notified with a reason for the rejection. 

Easily track the status of key deliverables

Support your renewal strategy with interactive dashboards. 

  • Track the status of outstanding tasks. 
  • Identify trends and insights in real time. 
  • Send data directly to your broker and other third parties in the desired format. 

Reduce premiums and improve renewal submissions

Streamline your renewal process while improving the values submitted. Gather more data, ensure accurate and timely submissions, and save time for your team and field users. Give brokers the information they need to price your risks and exposures accurately. 

LESS TIME
MORE DATA COLLECTED
LOWER PREMIUMS
Renewals

Benefits of automating renewals

Drive better results with intuitive surveys and workflow automation.

Improve Data Quality

Eliminate Spreadsheets

Engage Field Users

Shorten Response Times

Prepare for Audits

Reduce Premiums

Renewal-Cogs

Here’s how you can transform your renewals

Want to talk?

You have questions... we have answers!

Let’s talk about how we can move your business forward.

 

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Expect more from new renewals technology

Learn strategies to make your renewal process less taxing and more efficient.

 

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Expect more from renewals technology.

Walk through the Ventiv renewals roadmap and discover what to expect from a new generation of automated renewals tools.

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