The OmniFlex product gives your clients flexible, individualized coverage for medium to large property-driven risks. It forms the foundation for a comprehensive property program for a large number of businesses, including manufacturing, industrial, habitational, institutional, retail, wholesale, and service providers.
OmniFlex provides coverage for all the insured's buildings and business property at covered locations anywhere within the coverage territory. This coverage is typically much broader than the ISO commercial property form. OmniFlex's coverage extends to signs, foundations of buildings, structures and machinery, bulkheads, underground pipes, and more. It can be combined with other coverage forms including CGL, auto, inland marine, crime, and umbrella.
OmniFlex not only offers significant coverage value, the pricing component is a non-ISO based rating methodology. MRS underwriters can use their expertise in developing the rate from the ground up, based on the property's risk characteristics.
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