VMIA has an annual insurance renewal cycle for our clients. Each year, we collect risk exposure data from selected clients via the Insurance Questionnaire (IQ) and provide appropriate insurance solutions.
IQ is open to selected clients from December to end-February the following year. By mid-June each year, you receive your policy packs for the upcoming financial year.
For 2020/21 renewal, we have produced the following materials to help you better understand VMIA renewal timelines, premium calculation methodologies and IQ process.
Find out how the renewal and premium calculation process works in this video:
Presentation from the 25th of November Renewal Information Session [PDF, 2.21MB]
Presentation from the 29th November Renewal Information Session (including MI information) [PDF, 2.29MB]
Presentation from the 30th of January Renewal Information Session [PDF, 19.01MB]
Factors Influencing 2020/21 Property and Liability Premiums – FAQ [PDF, 102KB]
IQ FAQ [PDF, 85KB]
For more information, please contact us.