Renewal experience questions

 
1. Please specify your organization's primary industry:
2. Please specify your organization's revenue:
3. Did you have any major insurance coverages renew on or about July 1st? If so, what coverages renewed?
CasualtyPropertyMarineAviationExecutive RisksSpecialty Products
1
2
3
4
5
4. Were your renewals affected by any significant changes in exposures (i.e., merger or divestiture)? Please describe.
5. Did the incumbent underwriter offer similar terms as the expired policy or were more restrictive terms, including changes in retentions, deductibles, etc. the only option?
CasualtyPropertyMarineAviationExecutive RisksSpecialty Products
As per expired terms
More restricted coverage terms
Higher retentions or deductibles
Both more restricted coverage terms & higher retentions
6. On a like-to-like basis, were there any changes in the renewal premium?
CasualtyPropertyMarineAviationExecutive RisksSpecialty Products
decrease 1%-5%,
decrease 6%-10%,
decrease11%-15%
decrease above 15%
renewed as per expiring
increase 1%-5%
increase 6%-10%,
increase11%-15%,
increase above 15%
7. To obtain more competitive pricing, did you make any changes? (Select all that apply)
CasualtyPropertyMarineAviationExecutive RisksSpecialty Products
No change
Agreed to more restrictive terms
Changed retentions or deductibles
Changed carrier
Changed broker
Changed carrier & broker
Did not renew coverage. Self-insured or utilized captive
8. Additional comments?
9. Survey completed by (please enter your email address). Your contact information will be kept confidential:
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