Underwriting renewals are one of the most critical steps in the policy lifecycle. They decide if a client stays with you or moves to another insurer or broker. Brokers play a central role in renewals. They gather data, prepare submissions, and communicate between clients and carriers. Since underwriting renewals can be complex, brokers often make […]

Insurance companies run on trust and accuracy. Every policy written must be priced correctly, adhere to guidelines, and comply with regulations. On the other hand, mistakes sometimes happen to everyone. That’s where underwriting audits come in. An underwriting audit assesses the effectiveness of underwriters in performing their duties. It examines the quality of files, the […]

The policy lifecycle in insurance never ends. You have just reviewed the inspection report and submitted compliance. Time to relax? It’s time to consider renewal submissions and quotes.  Since the renewal process begins 90-120 days before the expiration date, it doesn’t give you much time to cool down and take your mind off this insured. […]

In a business built on documentation, insurance companies have long struggled with paperwork before the implementation of insurance document automation. From applications, over quotes, binders, policies, claims, and renewals… the list is endless. Manual processing of these documents isn’t only slow, but it has also become a liability for the industry, which has always relied […]