Staffing Agencies Save Big With Insurance Renewal Remarkets
How Remarketing Works
The remarketing process typically begins a few months before the current policy's renewal date. Agencies should start by reviewing their current coverage and identifying any changes in their business operations that might affect their insurance needs. Next, they should engage with multiple insurance brokers or agents to obtain quotes from various insurers. This competitive bidding process encourages insurers to offer their best rates and terms2.