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ReSure -- the Insurance Renewal Manager for Business and Government
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Frequently Asked Questions

Why ReSure ® ?

If you are the risk and insurance manager of a large organisation, you know that the information that you collect about risk exposures and asset values, and the way you present this information to the insurance market, has a major impact on the terms and pricing of insurance cover. That’s because in today’s markets, insurers need a lot of detailed information about the risks that they are underwriting if they are to provide you with the best possible deal.

However, if your organisation operates at more than a few sites, or has diverse business activities, or is geographically spread - perhaps over the entire globe - then each year you will have a major problem to deal with. It’s the problem of collecting information about your risk exposures, checking it for accuracy, collating it, and then getting it to the insurance market in a timely fashion. You will probably recognise some of these symptoms:

  • People don’t provide the right information at the right time
  • You can’t rely on the accuracy of the information you receive
  • It takes a lot of effort to collate the incoming information
  • Insurers keep asking for something new and different
  • It’s difficult to keep the information up to date
  • You don’t know if everyone is working with the same version of the information
  • If you change your broker or insurer arrangements, much of your history is lost and you may need to start all over again.

ReSure has been developed to address these kinds of issues. It’s a web-based software system that manages the insurance renewals process in three simple steps: Define, Collect and Publish.

Define
1. Define exactly what renewals information you need to collect, the structure of your organisation, and the people who are responsible for supplying information.

Collect
2. Notify the people responsible for supplying information, provide Web-based forms or custom spreadsheets for information collection, and track the progress.

Publish
3. Provide controlled, secure access to the insurance market to obtain the information they need in hard copy or electronic form.

Key Benefits of ReSure

  • Reduces time and cost to collect renewals information
  • Improves quality and integrity of information collected
  • Eliminates time and cost of manual consolidation and reporting
  • Provides a single consistent repository for all renewals information
  • Helps obtain the best possible insurance terms and price

Click here to find out more about how ReSure can help risk managers, insurance brokers and insurance companies.

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