How to Write an Insurance Submission That Actually Gets You a Fair Price (+ Free Checklist)

Most insurance submissions are just questionnaires with a cover page. In this session, Alex Sidorenko and Bernhard Rannegger break down what a good submission actually does — and why the difference between a questionnaire and a real risk submission can cost you millions in overpaid premiums. Alex shares a real story from his current renewal: a broker in Brazil who kept rejecting a comprehensive submission and demanding a questionnaire instead. The fix? He changed the title. One word. That's the state of the market. They cover the 3 goals every submission must achieve: 1. Help underwriters visualize your risk 2. Make it easy for them to justify their pricing internally 3. Give an honest, specific picture of your actual risk profile Plus: why claims history is less than 5% of what moves your price, how digital twins replace months of manual work, and why even a rundown mine with poor fire protection still saved 20% when communicated properly. Want the free checklist? Comment "checklist" below and we'll send it to you directly. 00:00 Intro & renewals update 03:30 Soft markets = only 5–8% of savings 05:30 The diamond story 11:00 Submission vs questionnaire — what's the difference 13:00 The 3 goals of a great submission 16:00 Goal 1: Visualize your risk 19:00 Goal 2: Make the underwriter's job easier 21:00 Goal 3: Show the real risk profile 24:00 ScyAI as a digital twin 25:40 What if your risk is actually bad? 27:00 Too many plants to visit? Digital twins help 31:00 Benchmarking against your current policy 36:00 Lender covenants and external requirements 37:30 What a submission can look like 39:00 4 people, 5 months — now done faster 40:50 Claims history = less than 5% of your price 42:00 The math: specialists vs ScyAI 43:30 Redirect savings into resilience 44:30 Bernard's view from the underwriting side 46:40 What's next Become a channel member — access workshops, RAW sessions, and exclusive content:    / @riskacademy   📚 FREE RESOURCES 🔹 Read risk management articles (updated regularly): https://riskacademy.blog 🔹 Download our risk management book for free — #1 in Google search globally, 200,000+ downloads: https://riskacademy.blog/download-fre... 🏆 RISK AWARENESS WEEK The world's largest free risk management conference. 20,000+ practitioners. 120 countries. Register: https://www.riskawarenessweek.com/ 🛠️ SOFTWARE & AI TOOLS 🔹 RAW — AI risk management assistant: https://riskacademy.ai 🔹 AI-powered insurance advisor: https://scyai.com 🔹 Quantitative risk modeling tools (SIPmath / ModelRisk): https://www.probabilitymanagement.org... 🎓 COURSES & TRAINING 🔹 Short practical courses on Udemy: https://www.udemy.com/user/alexsidore... 🔹 Advanced decision-centric risk management course: https://courses.dcroi.org/pages/irslt... #InsuranceRiskManagement #CorporateInsurance #RiskManagement #InsuranceBroker #PropertyDamage #BusinessInterruption #RiskBasedInsurance #InsurancePlacement #ScyAI #RiskAcademy #AlexSidorenko #Underwriting #InsuranceCost #Insurance