Financial Services · Insurance

Renewal Underwriting Information Update

Collect updated underwriting information ahead of renewal.

Apps this needs

Core / Policy System Lending, policy or subscription system for renewals & balances. Connect during setup
SMS Gateway Fallback text messages for reminders and links. Connect during setup
Inbound Email Let the agent read and answer email enquiries. Connect during setup

How it works

  1. Sends a structured update request ahead of renewal covering the specific fields underwriting needs refreshed, per the policy system.
  2. Confirms responses; flags material changes for underwriter review before renewal is finalized.
  3. Processes straightforward updates directly within system authority, written to the policy system.
  4. Sends updated renewal terms once finalized.

Data sources

Policy administration renewal underwriting fields

What it targets

  • Renewal information updates collected before renewal date Target 80%
  • Under-insurance risk from stale information Target -30%