PLEASE SEE VIDEO AT BOTTOM OF THIS PAGE

The OPEN POLICY is the traditional annual policy (or indefinite policy) with declarations after each shipment. Unlike the one-off policy where the underwriting is done by the computer, the open policy requires underwriting decisions by the insurer, however there is a commitment to no more than one working day for the presentation of a quote. In the case of open policies, the request for quotation will include fields of claims history et cetera. They OPEN POLICY SYSTEM is suitable for large corporate, regular importers and exporters and goods-in-transit operators. The OPEN POLICY SYSTEM offers very keen rates due to lower costs by the insurer through the use of the Garfin system. For a full demo of the various parts of the OPEN POLICY SYSTEM click on the links below this flowchart.

VIDEOS

Client registration and RFQ request for quotation (10:08) https://youtu.be/BNMrYMkZUbM

Client receives and accepts quote (3:49)                           https://youtu.be/fnrpWLh3Xd8

Open policy issue (1:44)                                                    https://youtu.be/OwSPrjC6IH0

Open policy Declarations and bordereau (7:33)                 https://youtu.be/jIclEf-M2cU