{"id":1580,"date":"2025-10-30T10:07:56","date_gmt":"2025-10-30T10:07:56","guid":{"rendered":"https:\/\/www.selectsys.com\/blog\/?p=1580"},"modified":"2025-11-12T14:56:16","modified_gmt":"2025-11-12T14:56:16","slug":"renewal-and-remarketing-operations","status":"publish","type":"post","link":"https:\/\/www.selectsys.com\/blog\/renewal-and-remarketing-operations","title":{"rendered":"Renewal and Remarketing for Insurance Operations"},"content":{"rendered":"\n<p>Retention is where profit margins grow. Renewal and remarketing workflows in the Selectsys Value Flywheel use defined cadence, analytics, and automation to keep renewals on track and reduce attrition.<\/p>\n\n\n\n<p>By connecting Expert Insured (EI), RQB, and BPO Pods, renewal operations become predictable, measurable, and proactive. Cycle time decreases while retention and hit ratio improve.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Renewal Cadence and Planning<\/h2>\n\n\n\n<p>Each policy renewal follows a structured timeline:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>120 days: Begin data refresh, exposure check, and contact verification.<\/li>\n\n\n\n<li>90 days: Begin quoting alternatives through RQB.<\/li>\n\n\n\n<li>60 days: Deliver renewal or alternative options.<\/li>\n\n\n\n<li>30 days: Send save offers and finalize binding.<\/li>\n<\/ul>\n\n\n\n<p>This consistent cadence ensures no account falls through and renewals are tracked with accountability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Data Refresh and Preparation<\/h2>\n\n\n\n<p>Renewal work starts inside EI.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>AI OCR extracts new forms or exposure updates.<\/li>\n\n\n\n<li>Submission Triage validates completeness.<\/li>\n\n\n\n<li>RQB preloads prior term data for new quotes.<\/li>\n\n\n\n<li>AI Assist checks current carrier appetite and guideline changes.<\/li>\n<\/ul>\n\n\n\n<p>Every step is logged with timestamps, ensuring readiness before the due date.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Save Offers and Alternatives<\/h2>\n\n\n\n<p>For accounts at risk of non-renewal or loss, the system automatically triggers remarketing workflows.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>RQB compares prior carrier terms with alternative markets.<\/li>\n\n\n\n<li>EI documents every quote and correspondence.<\/li>\n\n\n\n<li>BPO Pods handle remarketing outreach and follow-up tasks.<\/li>\n<\/ul>\n\n\n\n<p>This allows proactive intervention long before a policy cancels.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Interlooping with the Value Flywheel<\/h2>\n\n\n\n<p>Renewal and remarketing connect directly into other Value Flywheel nodes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.selectsys.com\/blog\/issuance-and-servicing-operations\">Issuance and Servicing<\/a><\/strong>: supplies in-force data and loss details.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.selectsys.com\/platform\/rqb\">RQB<\/a><\/strong>: reuses rating and quoting logic for renewal alternatives.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.selectsys.com\/platform\/expert-insured\">EI<\/a><\/strong>: holds all renewal-related forms, emails, and audit notes.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.selectsys.com\/insurance-bpo\">BPO Pods<\/a><\/strong>: executes the renewal and remarketing tasks under SLA.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.selectsys.com\/blog\/analytics-and-pqi-operations\">Analytics &amp; PQI<\/a><\/strong>: tracks renewal rate, retention lift, and save ratio.<\/li>\n<\/ul>\n\n\n\n<p>All renewal metrics flow back into Analytics for continuous improvement.<br><a href=\"https:\/\/www.selectsys.com\/platform\/value-flywheel\">Learn about the Value Flywheel <\/a>\u2192<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Benefits<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Renewal predictability with 120\/90\/60\/30-day cadence<\/li>\n\n\n\n<li>Fewer lapses or missed renewals<\/li>\n\n\n\n<li>Automated save offers for at-risk accounts<\/li>\n\n\n\n<li>Improved retention and hit ratios<\/li>\n\n\n\n<li>Full audit and SLA compliance<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Use Cases<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.selectsys.com\/case-studies\/automated-broker-intake\">MGAs and carriers standardizing renewal tracking across lines of business.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.selectsys.com\/case-studies\/audit-routing-automation\">Wholesalers executing remarketing cycles through BPO support.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.selectsys.com\/case-studies\/quote-prep-speed-ai\">Agencies using EI and RQB for automated renewal quoting and forms.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.selectsys.com\/case-studies\/ai-task-routing-bpo\">BPO Pods managing after-hours renewal reminders and save tasks.<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Security and Compliance<\/h2>\n\n\n\n<p>All renewal communications and documents remain inside EI.<br>SOC 2 Type II certified infrastructure.<br>Credentialed user access for each renewal queue.<br>Every touchpoint recorded for compliance and carrier reporting.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Measured Impact<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Renewal rate improvement: +2 to +4 points<\/li>\n\n\n\n<li>Hit ratio lift: +3 to +7 points<\/li>\n\n\n\n<li>Cycle time reduction: 20 to 35 percent<\/li>\n\n\n\n<li>Customer retention cost savings across renewals<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.selectsys.com\/contact\">Start a Pilot<\/a><\/h2>\n\n\n\n<p>Selectsys can configure a renewal and remarketing pilot in 7 to 10 business days using your own portfolio data and cadence rules.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs<\/h2>\n\n\n\n<p><strong>What is Renewal and Remarketing?<br><\/strong>A structured process to manage renewals, compare alternative markets, and send save offers before expiration.<\/p>\n\n\n\n<p><strong>What cadence does Selectsys follow?<br><\/strong>120\/90\/60\/30-day cadence to ensure all renewals are handled on time.<\/p>\n\n\n\n<p><strong>How does it integrate with RQB and EI?<br><\/strong>RQB handles renewal quotes, EI stores documents and communications, and BPO Pods manage task execution.<\/p>\n\n\n\n<p><strong>How fast can we deploy a pilot?<br><\/strong>7 to 10 business days for a scoped pilot with your own renewal portfolio.<\/p>\n\n\n\n<p><strong>Previous:<\/strong> <a href=\"https:\/\/www.selectsys.com\/blog\/issuance-and-servicing-operations\">Issuance and Servicing for Insurance Operations<\/a><\/p>\n\n\n\n<p><strong>Next:<\/strong> <a href=\"https:\/\/www.selectsys.com\/blog\/analytics-and-pqi-operations\">Analytics and PQI &#8211; Measuring Performance and Quality<\/a><\/p>\n\n\n\n<script type=\"application\/ld+json\">\n{\n \"@context\": \"https:\/\/schema.org\",\n \"@type\": \"FAQPage\",\n \"mainEntity\": [\n  {\n   \"@type\": \"Question\",\n   \"name\": \"What is Renewal and Remarketing?\",\n   \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"A structured process to manage renewals, compare alternative markets, and send save offers before expiration.\"}\n  },\n  {\n   \"@type\": \"Question\",\n   \"name\": \"What cadence does Selectsys follow?\",\n   \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"120\/90\/60\/30-day cadence to ensure all renewals are handled on time.\"}\n  },\n  {\n   \"@type\": \"Question\",\n   \"name\": \"How does it integrate with RQB and EI?\",\n   \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"RQB handles renewal quotes, EI stores documents and communications, and BPO Pods manage task execution.\"}\n  },\n  {\n   \"@type\": \"Question\",\n   \"name\": \"How fast can we deploy a pilot?\",\n   \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"7 to 10 business days for a scoped pilot with your own renewal portfolio.\"}\n  }\n ]\n}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Retention is where profit margins grow. Renewal and remarketing workflows in the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bpo-in-insurance-operations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renewal and Remarketing | 120\/90\/60\/30 Cadence and Save Offers | Selectsys<\/title>\n<meta name=\"description\" content=\"Selectsys Renewal and Remarketing workflows automate 120\/90\/60\/30 renewal cadence, alternatives, and save offers. 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