renewal-review

---
name: renewal-review
description: Builds the annual renewal review a UK hospitality business needs before it accepts a quoted price, checking last year's premium is disclosed the way FCA rules require, that the renewal is no higher than an equivalent new customer would pay, what must be freshly declared because the duty of fair presentation starts again at every renewal, and pulling together the cover gaps this pack's own under-insurance and cover-audit skills already found. Use at every renewal, not only when the premium has jumped.
---

# The renewal checked against the rules that govern it, not just last year's number

You give this this year's renewal notice, last year's documents, any changes since the last renewal, and the gap lists this pack's under-insurance and cover-audit skills already produced. You get back a disclosure check, a worked comparison question for the broker, a re-declaration checklist, and one page combining every open gap this pack's other skills found. It will not tell you whether to renew, negotiate or switch insurer.

## What it does

1. **Check the renewal notice discloses last year's premium, clearly.** ICOBS 6.5.1R requires the notice to state the renewal premium alongside the premium "set out at the inception of" the expiring policy, annualised where a mid-term change occurred, so the two can be compared. Record whether the notice actually does this.

2. **Check for the fourth-renewal shop-around message, where it applies.** From the fourth consecutive renewal the firm must include a stated message encouraging the customer to compare prices and cover elsewhere. Record whether it appears where four or more renewals have occurred.

3. **Ask the broker, in writing, whether the renewal was checked against the new-business price cap.** Since 1 January 2022, "a firm must not set a renewal price that is higher than the equivalent new business price." The business cannot calculate this itself; record the broker's answer or its absence.

4. **List what has changed since the last renewal, because the duty to declare starts again.** The law treats a renewal as a new contract, so the Insurance Act 2015 fair presentation duty "also applies when an insurance contract is renewed". New equipment, an extension, a change of use, a new service, or a turnover change all belong on this list, dated.

5. **Check sums insured and cover limits against the business today, and pull in every open gap this pack's other skills already found.** Confirm whether the under-insurance skill's omissions list has been updated since last renewal, and reference the cover-audit and employers-liability skills' gap lists rather than rebuilding them.

6. **Hand the mechanical work to Codex and keep the judgement here.** Run, from the folder holding the renewal notice and last year's documents:

   ```
   codex exec --sandbox danger-full-access --skip-git-repo-check -C "<working folder>" - < CODEX.md
   ```

   Claude hands over the notice's disclosed figures, the owner's dated change list, and the gap lists already produced by other skills in this pack. Codex returns the disclosure check, the re-declaration checklist and the combined gap page. Codex decides nothing about whether a figure is fair.

7. **Set the next review date against the renewal date, not the calendar.** Put the period of insurance end date and the next renewal date at the top of the output.

## Then it checks

1. The disclosure check states plainly whether both premiums are shown and comparable, or that they are not.
2. The fourth-renewal message is checked against the actual renewal count and reported present, absent, or not applicable.
3. The new-business-price question was put to the broker in writing, and the answer or its absence is recorded.
4. Every business change since the last renewal appears as a dated line.
5. Every gap already found by another skill in this pack appears on the combined page, with none dropped.
6. The renewal date and the period of insurance end date appear at the top of the page.

Any check fails: name it, redo that step once. Failed twice: say what is wrong and stop.

## Rules
- Public information only.
- Never invent a fact, a number or a quote.
- Anything sent in someone's name says whose name it is.
- Never calculate the equivalent new business price yourself; record only the broker's own confirmation or its absence.
- Never tell the owner whether to renew, negotiate or switch insurer.
- Never carry forward a sums insured or omissions entry as current without checking its date against this year's renewal.
- Never recommend an insurer, a broker or a product.
- This output is a working document for the owner's own FCA authorised broker to check at renewal. It is not advice on which policy to buy, and not a statement the renewal price is fair.

## Built from
- FCA Handbook, ICOBS 6.5, https://www.handbook.fca.org.uk/handbook/ICOBS/6/5.html, rule 6.5.1R(3) and (4) effective 01/01/2022, read 14 October 2026: the premium disclosure duty and the fourth-renewal message, steps 1 and 2.
- FCA Handbook, ICOBS 6B.2, https://www.handbook.fca.org.uk/handbook/ICOBS/6B/2.html, rule 6B.2.1R effective 01/01/2022, read 14 October 2026: the renewal price cap against the equivalent new business price, step 3.
- FCA, Policy Statement PS21/5, https://www.fca.org.uk/publication/policy/ps21-5.pdf, published May 2021, read 14 October 2026: the background to the price-walking ban, step 3.
- Insurance Act 2015, section 3, https://www.legislation.gov.uk/ukpga/2015/4/section/3, read 14 October 2026: the duty of fair presentation, step 4.
- Insurance Act 2015, Explanatory Notes, paragraph 41, https://www.legislation.gov.uk/ukpga/2015/4/notes/division/5/2, read 14 October 2026: renewals treated as new contracts, step 4.

# renewal-review

## You are given
This year's renewal notice with the premium offered and last year's premium if shown. The period of insurance end date and the next renewal date. The count of consecutive renewals with the same insurer. A dated list of business changes since the last renewal. Whether the broker was asked in writing about the equivalent new business price check, and the answer if given. The gap lists already produced by this pack's under-insurance, cover-audit and employers-liability skills, as their own output files. All judgement calls are already made and supplied to you.

## Produce
Write into a `./renewal-review-output/` folder:

1. `disclosure-check.md`: last year's premium or `not shown`; this year's premium; whether the two can be compared (`yes`/`no`/`not stated`); and, where a mid-term adjustment occurred, whether an annualised figure was used.
2. `fourth-renewal-check.md`: the renewal count; whether the message applies (`yes` if 4 or more, else `not applicable`); whether it was found (`present`/`absent`/`not applicable`).
3. `enbp-check.md`: whether the broker was asked, the date, and the answer verbatim, or `no answer received`.
4. `redeclaration-checklist.csv` with columns: `change_ref` (C001 upward, date order), `change_description_verbatim`, `date_of_change`, `category` (one of `equipment or kitchen change`, `premises change`, `change of use`, `new service`, `turnover change`, `other`).
5. `combined-gaps.md`: a numbered list combining every entry from the under-insurance, cover-audit and employers-liability skills' gap files if supplied, each line naming its source skill; where a source file is missing, say so.
6. `review-dates.md`: the period of insurance end date and the next renewal date.
7. `gaps.md`: disclosure fields marked `not shown`/`not stated`; `enbp-check.md` with no answer; changes with no date; and which source gap files were unavailable.

## Rules
- Codex transcribes, checks presence against supplied criteria, and sorts. It never calculates an equivalent new business price, never judges fairness, and never decides whether a change is material.
- Never answer `enbp-check.md` beyond the broker's own supplied answer or `no answer received`; never estimate the figure.
- Never mark the fourth-renewal message `present` without the exact wording found in the supplied text.
- Never drop a gap line from another skill's output; if a source file is missing, say so plainly.
- British English, GBP as `GBP`, DD Month YYYY dates, no em dashes.
- Every file ends: this is a working document for the owner's own FCA authorised broker to check at renewal. It is not advice on which policy to buy and not a statement the renewal price is fair.

## Return
The absolute path of every file written, the disclosure check result, the fourth-renewal check result, whether a broker answer on the equivalent new business price was received, the row count of `redeclaration-checklist.csv`, the count of gap lines pulled in from each source skill, the next renewal date, and the `gaps.md` item count.