Using the systems defined in my book (and by my company ICRS) to control insurance costs and renewal cycles appeals to business people who value systematizing complex processes. Successful business people long ago bought into the idea of trying to boil down their entire operations into well thought-out, documented systems and procedures, that people perform over and over in the same way. They have a good idea of what they are doing and how they will do it. From there, they go to work at examining the systems, and trying to improve them.

Few have gotten around to doing a good job of this for establishing control of the commercial insurance renewal cycle. As a result, most are buffeted around by an endless series of surprising events, and most of the time they spend on the topic is in reacting to unexpected actions of insurance brokers and insurance companies.

By plugging into the system ICRS has developed, and is described in detail in my book (what’s that you say, you haven’t started receiving your free copy yet? You need only click that link sitting over there on the right side of this blog site and you’re on your way…), firms are able to rapidly maximize their control over their renewal cycles. They smile as they find the insurance industry reacting to them for a change. As usual, instituting a well thought-out system has the result of eliminating unexpected events and unwelcome surprises. It puts the user far in front of the renewal cycle. The once-troublesome process of dealing with insurance renewals becomes a well-managed process, and an valuable system asset of a well-managed firm.

-Don