At Collins, we put a high priority on writing and delivering contracts that are understandable, thorough and specific. We work to provide contract certainty - agreement on a contract's wording by all parties before the contract's inception date. We take a thorough approach to contract writing, in an effort to minimize ambiguities and address the needs of all parties to the contract.

Our Contract Wordng department has the know-how and understanding specifically needed to draft, amend and finalize reinsurance contracts. Collins contract writing professionals have on average at least 10 years' experience in reinsurance contracts.

These professionals take an active approach, anticipating issues and raising questions with brokers early in the contract development process to make sure those issues are resolved. They monitor regulatory changes and work to stay up to date on industry trends. Their goal is a customized contract that addresses the program's specific needs and requirements, while keeping pace with changes in the reinsurance industry.

At renewal time, Contract Wording takes a complete look at the contract from top to bottom. No change or revision is made to a contract without the full review and approval of the broker. As contract certainty is our goal, so too is transparency our guidepost. In drafting provisions and developing a contract, our role is clearly and fully to state all provisions for the review and benefit of both reinsurer and reinsured.

Collins Contract Wording works to customize the right contract for each reinsurance program, providing an accurate and clear product promptly and efficiently, in a process designed to enable all to agree on the wording in advance of a contract's effective date. Delivering that process is one more way we earn the trust and confidence of our clients and of reinsurance markets.

For additional information contact Jeanne Steiner.