Breaking News: CHES Special Risk Launches Online E&O Quoting and Binding Platform

TORONTO, ON, SEPTEMBER 3, 2024/insPRESS/ – CHES Special Risk, a leading Canadian Managing General Agent (MGA), is thrilled to announce the launch of its new online platform, allowing brokers to quote and bind Errors and Omissions (E&O) insurance in real time. This groundbreaking development marks a significant advancement in the insurance industry, providing brokers with unprecedented ease and speed in securing coverage for their clients.

The new platform is designed to be a one-stop shop for all insurance needs, offering more than just E&O coverage. Brokers can now seamlessly access General Liability (GL), Directors and Officers (D&O), Cyber, and Property insurance—all within a single policy. This integrated approach eliminates the need for multiple transactions, streamlining the process and enhancing efficiency for brokers.

Michael Chaplik, Senior Underwriter at CHES Special Risk, highlights the platform’s advantages: “Our new tool is more than just a convenience- it’s a comprehensive solution tailored to meet diverse industry needs. Brokers can now manage E&O insurance with greater ease, accessing a broad range of additional coverages.” He adds, “This initiative demonstrates our commitment to equipping brokers with versatile and robust insurance solutions, especially within the engineering sector, while also serving a variety of other industries.”

Designed for businesses with revenues up to $3 million, this all-in-one policy ensures broad and flexible coverage options.

Traditionally, brokers have faced delays and manual processes that can hinder their ability to promptly serve clients. CHES Special Risk has always been dedicated to delivering services, quotes, and bindings within 48 hours of request. With the launch of this new platform, the company aims to further expedite turnaround times, providing brokers with an even faster and more efficient solution.

By adopting CHES Special Risk’s innovative online quoting and binding solution, brokers can streamline their operations, enhance client service, and manage multiple insurance needs through a unified platform. This tool not only simplifies the process but also empowers brokers to meet evolving client demands and industry challenges with increased agility.

For more information or to get started, brokers are encouraged to contact CHES Special Risk at info@CHESSpecialRisk.ca.

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ABOUT CHES Special Risk Inc.

CHES Special Risk Inc. was established as a Managing General Agent and Wholesale broker in 2004, in response to broker demand to a hardening marketplace, commencing with a particular specialty in the entertainment and hospitality business, later becoming a fully accredited Lloyd’s cover holder in 2009. CHES Special Risk and Sister Companies are a fully Independent MGA delivering “A” rated capacity both in the hard to place, and standard lines classes and support their retail brokers in growing and developing their businesses.

Additional information regarding CHES Special Risk can be found at: http://www.CHESspecialrisk.ca.

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If you would like more information about this topic, please call us at 416-452-7850 or email Gary.Hirst@CHESspecialrisk.ca