Roadmap to Renewal - Exit 3 (Last Stop)
Roadmap to Renewal: Exit 3
Our 3rd stop on the Roadmap to Renewal is the "Presentation of Solutions".
Exit 1 - Pre-Renewal (100 - 120 Days Prior To Renewal Date)
Discuss Open Claims and Closure Strategy
Openly Communicate Budget Expectations for Future Bidding Purposes
Review Risk Management Strategies to Help Mitigate Potential Claims
Discuss Current Market Conditions for Roofing Professionals
Communicate Current Exposures to Roofing Industry
Discuss: Projections, Updates, and Limits
Discuss Optional Essential Coverages (i.e. Cyber, Pollution, E&O, EPLI, Crime, etc.)
Provide an analysis of Workers' Comp Experience Mod (NCCI Worksheets)
Review Scope of Work and Match Insurance Program with Partner Carrier
Obtain Updated Certificate Holder List
Exit 2 - Underwriting Phase (75 - 100 Days Prior To Renewal Date)
Large Claim Description and Action Plan to Prevent Re-Occurring
Obtain Updated Projections and Underwriting Data to Submit to Partner Carriers
Discuss Budget Objectives to Match Roofing Clients' Expectations
Exit 3 - Presentation of Solutions (Renewal) (21 - 30 Days Prior To Renewal Date)
Presentation of Solutions and Recommended Program
Discuss Optional Essential Coverages
Obtain Signatures to Secure Coverage
Prepare Certificates of Insurance for Release After Binding Coverage
Prepare Auto ID Cards After Securing Coverage
What "exit" are you at on your renewal timeline?
You should have been presented your pre-renewal
to evaluate your claims and perceived risk.
If not, contact Roofing Risk Advisors to get
you on the Roadmap to Success.
