LML by coverage and complexity in traditional models

In traditional corporate insurance models, each coverage under a policy has a specific LML (Limit of Liability). The LML (Limit of Liability) is the maximum amount the insurer can pay in the event of a claim. In corporate products, this limit usually varies by coverage, which increases the number of rules, exceptions, and possible combinations within a single policy.

Although technically robust, this format increases the complexity of purchasing for the broker and the client,  hinders comparisons between options, and expands the operational effort, which needs to evaluate multiple limits and rules to price and control risk.

Within a broader modernization scenario, Mitsui identified in the Single LML an opportunity to simplify this structure, offering more flexibility to the client and greater efficiency for the internal operation, while at the same time strengthening the competitiveness of the portfolio.

This product is part of the company's digital transformation journey, which seeks to combine tradition and innovation to offer increasingly complete solutions. More than a functional evolution, the initiative represents an advance in how complex products are structured, operated, and presented to the market.