HSB Engineering Insurance launches new online broker trading platform
Specialist engineering and technology insurer, HSB Engineering Insurance, part of Munich Re, has further expanded its e-trade offering by launching HSB Fast Track, its broker online trading platform.
As part of HSB's online distribution strategy, HSB Fast Track has been designed to provide brokers with a quick and easy way to quote and bind construction, technology, and engineering-based insurance products.
The HSB Fast Track e-trade platform will offer four HSB products initially: Annual Construction, Project Construction, Contractors’ Plant and Computer insurance, with more products being planned for future development.
Paul Cullum, Alternative Distribution Manager, commented: "We're really excited to be launching HSB Fast Track. Our e-trade platform has been designed to make construction and engineering products easy to trade electronically and its development follows research and feedback from our brokers."
To support HSB's e-trade strategy, a dedicated e-trade team have been set up; enabling brokers direct access to specialist referral underwriters. The team, headed by Martin Parker, Development Manager, are focused on servicing all referrals, access requests and support queries for HSB's e-trade business.
Martin Parker added: "Our aim is to make trading with HSB a quick, simple, and enjoyable process. Our dedicated e-trade team has been set up to provide brokers with direct access to underwriters, and a fast response to any e-trade queries they may have."
The launch of HSB Fast Track follows HSB's recent launch of construction products on Acturis.
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HSB Engineering Insurance, as part of Munich Re, is a leading specialist provider of engineering insurance and inspection services. Backed by over 150 years of innovation and covering a broad range of technologies and industry sectors, we help customers reduce risk through the provision of innovative construction, engineering, energy, and cyber insurance products.
Established in the U.S. in 1866, HSB’s founding principles of technical expertise and loss prevention remain at the forefront of the work we do today. Whether it’s engineering solutions for contractors, comprehensive machinery and technology insurance, innovative energy efficiency policies, or SME cyber risk covers, we have the knowledge to show customers how, working with HSB, they can stay ahead of emerging risks in a complex world.
With over 500 employees, and offices in Belfast, Birmingham, Dublin, Glasgow, London and Manchester, we provide insurance and engineering inspection services that touch almost every aspect of work and life.
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