Omni-Plus
Western created Omni-Plus to afford its clients the opportunity to tailor their insurance program by effectively retaining risk layers in a manner that was not previously possible without great effort and related costs.
The dovetailing of the retention layers and the risk transfer layers ensures an organised risk management program that can be adapted in an understandable and effective manner.
Omni-Plus combines flair and simplicity in making this kind of product
more accessible and effective to a broader
range of commercial insurance buyers.
Why Choose Omni-Plus
The benefits of this type of layered cover are clear.
Firstly, it is far more cost effective to have one policy
that covers your entire business than many policies,
which try to insure your business comprehensively.
Secondly, the simplicity of the policy gives you
unparalleled access and flexibility to ensure the
cover is optimised for your business. In conclusion,
the blended nature of the policy ensures that the
most cost effective and secure way to protect your
business is discovered and implemented.
The Policy Structure
What makes the Omni-Plus product so revolutionary
is its unique layered structure which finds the perfect
balance between risk retention and insurance cover
obtained.
Our Omni-Plus policy’s risk retention layer features
multi-line protection, something not found in other
conventional policies.
Risk retention
The risk retention layer allows the insured to bundle
multiple business risks together and then creates
insurance cover for these. The risk exposures which
are bundled together are often related, such as
property and casualty risks.
This risk retention approach allows for greater
adaptability in the implementation of a risk
management strategy, by means of an easy to
understand insurance commitment. This simple,
flexible and easy to understand mechanism ensures
that every facet of your business is specifically
covered.