Specialist engineering and construction insurer HSB Engineering Insurance (HSB), part of Munich Re, today announces the launch of a suite of construction insurance products through the market-leading Acturis e-trading platform.<\/p>\n
The specialist construction product suite consists of Annual Construction, Project Construction and Contractors\u2019 Plant insurance, which are aimed at construction risks.\u00a0 The products provide cover for contract works, owned and hired-in plant, and employees\u2019 tools.<\/p>\n
The launch sees HSB become the first insurer to go live on the Acturis e-trade solution with stand-alone construction products and is part of HSB\u2019s broader e-trade strategy to enable more of its products to be traded quickly and easily online.<\/p>\n
Paul Cullum, Alternative Distribution Manager at HSB, commented: \u201cThe availability of our products on Acturis is an important part of our online distribution strategy and reflects our commitment to making construction and engineering products easy for brokers to trade electronically. During 2019, we will be focused on expanding the suite of products further and widening broker access to our specialist covers via e-trade solutions.\u201d<\/p>\n
Richard Slatter, HSB Business Development and Distribution Director, added: \u201cThese products have been designed to meet brokers\u2019 requests for an e-trade solution for construction risks.\u00a0 As a company known for underwriting expertise, we are delighted to be leading the first release of stand-alone construction products on the Acturis platform.\u201d<\/p>\n
Gregory Toothe, Speciality Lines Product Manager at Acturis, commented: \u201cWe are delighted to support HSB in launching their new e-trade stand-alone Construction products on Acturis. As the first of its kind, this once again sets Acturis apart from its competitors in offering e-trade facilities for Specialty lines of business.\u201d<\/p>\n
Theo Duchen, Co-Ceo at Acturis, added: \u201cIt\u2019s great to see HSB expand their e-trade offering on the Acturis platform, providing better solutions for our brokers in an area that has not previously been e-traded. We are excited to be part of their strategy in developing their product suite further during 2019 and beyond.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"