|
|
|
|
 |
|
| The
ReSure Process for Automated Insurance
Renewals |
|
The table
below shows the steps in the renewals
process and
the system functions that ReSure provides
to implement these steps |
|
|
|
 |
 |
|
|
|
| ::
Define Renewals Information Needs |
|
|
| Planning |
|
›
Access detailed guide on how to automate
the renewals process for best |
|
results |
|
| Set
up Collection and Reporting Structures |
|
›
Define Regions, Countries, States and
Zones in which business operates
› Define organisation structure,
eg Divisions, Branches
› Define
Conversion factors for Currency and
other Units in each Zone |
|
| Set
up Asset and Exposure Templates |
|
›
Define renewals Periods
›
Import Risk Class templates from library
and customise (if necessary)
›
Develop special Risk Class templates,
business rules (if necessary) |
|
| Pre-Load
Site and Insurable Entity Data |
|
›
Bulk load existing electronic data using
Import function
› Import historical
data for comparison |
|
| Set
up Users, Security and Responsibilities |
|
›
User logons and passwords, security
roles, and permission to access data
› Assign responsibility to Users
for providing specific renewals data |
|
| Set
up Renewals Timetable |
|
›
Dates for commencement, follow up, review
and sign off |
|
|
|
 |
|
|
|
|
|
| ::
Collect Renewals Information from Business
Users |
|
|
| Notify
Users |
|
›
Automated email to all users with link
to software, login and password
› Provide instructions and timetable |
|
| Collect
Information |
|
›
Collect function shows users exactly
what they data they need to provide
› Spreadsheet view of data for
quick data entry, Import for bulk data
entry
› Data is quality assured
against business rules |
|
| Monitor
Progress |
|
›
Reports show collection progress against
targets for each user
› Incomplete
data re-presented for completion |
|
| Sign
Off Renewals Values |
|
›
Confirmation by users that data has
been checked and is correct
›
Lock data in current Period to prevent
further changes |
|
|
|
|
|
|
|
|
|
| ::
Publish Renewals Information to the
Insurance Market |
|
|
| Set
up Visitor Access |
|
›
Set up Visitor (Insurer) access, logons,
passwords
› Restrict visitor
access by Risk Class, Country and Business |
|
| Notify
Visitors |
|
›
Automated email notification of link,
logon, password
› Run reports
with information restricted by ReSure
security |
|
| Prepare
Renewal Submission |
|
›
Run reports with sorts, filters, and
export to spreadsheets for further analysis |
|
| Renew
Insurances |
|
›
Store policy details in system |
|
| Commence
New Renewals Cycle |
|
›
Return to Define area and update for
next cycle
› Roll over data
into new Period
› Commence
new cycle |
|
|
| |
|
 |
|
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
