Swiss Re Corporate Solutions ONE Form Offers Standardized Global Property Policy

Swiss Re Corporate Solutions has launched ONE Form, a tool designed to create standardized master and local policies.

The ONE Form wording enables the closest possible alignment of master and local policies, while respecting local requirements and expectations, giving customers with international insurance programs increased contract certainty. At the same time, ONE Form facilitates tax and legal compliance worldwide.

ONE Form is embedded in the IT systems Swiss Re Corporate Solutions uses to manage international programs, thus automating master and local policy issuance to provide customers and brokers more accurate policies, faster.

According to Martin Hegelbach, head Property & Specialty at Swiss Re Corporate Solutions, the ONE Form offers customers a broad, state-of-the-art property coverage following an all risks approach. Its master and local policies are designed modularly and, therefore, can be tailored to meet customers’ coverage and limits needs. In addition, International Program customers who use ONE Form can monitor their flood exposures via Swiss Re’s online client portal, PULSE.

ONE Form is available for accounts incepting Jan. 1, 2020 and beyond. It is currently offered in six countries as a master policy wording, in ten countries as a local policy wording and in two languages, English and Italian. It will soon be rolled out in five more countries as a master and in eleven more countries as a local policy wording as well as in six more languages: French, German, Japanese, Mandarin, Portuguese, and Spanish.

Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Swiss Re Corporate Solutions serves clients from approximately 50 offices worldwide and is backed by the financial strength of the Swiss Re Group.

Topics Property