3 months before the renewal date of a group health insurance plan the renewals team at CCW Global will contact the group to notify the key stakeholders of the approaching policy renewal.
At this point, a CCW account manager will liaise with key group stakeholders to compile an updated group census with details of all newly joined members of the group, as well as deleting any members who may have left the policy during the course of the previous year. This data will then be used as the basis of the renewal quotation for the policy, and will also be used to benchmark the policy premium with alternate providers.
Once the renewal terms have been received by the holding insurance company, CCW Global will arrange for the group to receive competing coverage offers from international insurance companies who are able to offer comparable, or improved benefits to those which are available under the existing policy.
This information is then provided in a detailed report clearly outlining the available continuing insurance options for the group, and will be used to enable the group to make an informed decision about the most favourable solution for continuing health insurance protection.
