01 / Start 90 days out
The renewal workflow begins before expiry. A branded notification invites the client to securely review existing risk information.
A better renewal starts earlier.
A structured 90-day journey gives brokers room for considered advice and clients a clear path to the next year of cover.
See it with your team ↗Renewals in Folio
Prepared automatically.
Ready for the broker.
Starting a renewal in Folio automatically pulls the latest schedule information from the connected PAS and prepares the appropriate client engagements for review and sending.
Start renewal in FolioPull the latest PAS schedulePrepare the client engagement
Folio prepares the appropriate email, web page or portal experience using the latest available policy and schedule information. The broker reviews the content and remains in control of sending it to the client.
Built around broking
What it means
for your team.
02 / Collect, then review
The client confirms or updates their information. The broker reviews the response and prepares the market approach.
03 / Approach the market
Information is sent to underwriters through Folio. Renewal or remarketing proceeds, and received terms are added to the workflow.
04 / Recommend and approve
The client receives a renewal report containing the broker’s recommendation, then reviews and approves the proposed outcome.
05 / Transact in the PAS
The broker completes the formal policy transaction in the core policy administration system. Folio does not replace quoting or policy processing.
06 / Deliver the documents
Updated policy documents and certificates are delivered through the secure OTP-based client experience.