Policy Renewal Decision Process

A few weeks ago I started playing around with a graphical representation of the policy expiration decision. I started with renew or bid as the options.

This weekend I had the “head-slapper” revelation – renew, bid, or broker selection.

Here is the latest version – subject to change as my thinking evolves. Comments encouraged.

I’m working on a paper that will explain in detail my thoughts on the process. More soon.