Renewals overview report

Applies to:

  • Producers
  • Managers
Last Updated: December 2020

This article explains how to use the Renewals Overview report to see the number of renewed policies and renewal income.

To run a Renewals Overview report:

  1. Navigate to the Reports tab in the Side Navigation Bar and ensure the Standard section is selected.
  2. On the left, select the Renewals reports subsection, then click the Overview Report.

    1 - Renewals overview
  3. On the top right, select a year for which the results will be displayed. The report will display the current year by default.
  4. Selecting Income from the Show dropdown will display monthly income per producer. New & Other row shows the total income; Renewal row shows the renewal income; Renewal % row shows the percentage of the renewal income in the total income.
  5. Selecting Accounts from the Show dropdown will display the number of income-producing policies per producer for each month (does not include $0 income policies). New & Other row shows the total number of policies; Renewal row shows the number of renewal policies; Renewal % row shows the percentage of the renewal policies in the total number of policies.
  6. Clicking a producer's name will display the Renewals Overview report for the selected producer, for the current and the previous year, where each row shows monthly numbers.

    3 - Renewals overview per producer
  7. Total column shows the total income booked for a month, matching the New & Other row in the general Renewals Overview report.
  8. The first number in the brackets shows the total number of policies that made up the total income in a month.
  9. Actual column shows the income booked for renewal policies for a month.
  10. The second number in the brackets shows the number of renewal policies booked in a month.
  11. The first percentage shows the percentage of renewal income against the total income booked in a month.
  12. Potential column shows the total income for all accounts coming up for renewal in a month.
  13. The third number in the brackets shows the number of accounts coming up for renewal in a month.
  14. The second percentage shows the percentage of renewal income booked against the total renewal potential available.
  15. Growth column shows Income and Retention.
  16. Income shows the current year's renewal income against the last year's renewal income for the same month.
  17. Retention shows the percentage of the current year's income retained against the percentage of the last year's income retained for the same month.