HSB Launches 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.