ONE Form: How it enables contract certainty in International Programs

More businesses than ever are expanding globally and are looking to International Programs solutions for contract certainty. How can risk managers make sure property and business interruption policies are consistent regardless of locations, jurisdictions and regulations? 

With the award-winning ONE Form framework risk managers and brokers can rely on globally standardised wordings ensuring the highest possible alignment between master and local policies. This doesn't just provide transparency but also peace of mind as risk managers know exactly how their business is protected anywhere in the world.

Listen to Martin Hegelbach, Head Property & Specialty, as he shares in 80 seconds how ONE Form increases contract certainty, delivers higher policy accuracy, and provides faster issuance of local policies – all while allowing flexibility for individual coverage and limits needs:

ONE Form entails three components: One is, it is first a property wording and very flexible from a coverage standpoint. Secondly it’s a framework. It gives consistency around the globe for all the local policies in combination with the master. And thirdly it’s an IT solution. It’s highly automated and very efficient in the process.

The benefits for the customers are: It is a tailor-made wording. They can pick and choose from a modular system what coverages they need. But there are also benefits for the brokers. They have less burden on the administrative work and it gives them contractual certainty.

I personally think that ONE Form is a key differentiator from a product standpoint in the current market.

Interested to learn more? Visit our ONE Form product page or contact us today.