The following changes to the renewal process on Fast Trade are going live on the 30th October. These changes will allow for easier and faster processing of any alterations you wish to make to renewals.
Renewal – Changes can be made up to 1 day prior to renewal
Currently policies go into “lock-down” 14 days prior to renewal. From 30th October this “lock-down” period will be changed to 1 day prior to renewal.
You will be able to make mid- term alterations during this period and renewals will automatically be produced showing the revised renewal data. You will now be able to make changes to renewal case up until the day before renewal.
The Renewal Bulletin
Currently the renewal bulletin is issued 48 days prior to renewal. From the 30th October the renewal bulletin will be issued 28 days prior to renewal