Hub International introduces HUB Franchise Insurance Solutions
HUB International announced the launch of HUB Franchise Insurance Solutions, a digital platform to help franchisors and franchisees in the US and those with cross-border operations in Canada manage all their insurance needs in one place, review competitive pricing and track compliance.
With Hub Franchisee Insurance Solutions, franchisors and franchisees will be able to digitally review insurance options and competitive pricing from a panel of carriers. In addition, they can track insurance certificates, receive automated updates when franchisees are not in compliance and/or need to renew insurance policies, and review claims notifications, with the added benefit of live agent support via phone or live chat.
“Maintaining insurance is complex in franchising, especially for multi-unit operators. As additional locations open, the franchisors typically lack the tools to track insurance compliance while the franchisees may set up an insurance program that lacks structure – under-insured in some locations, over-insured on others, navigating many different expiration dates and paying more than they should. Our solutions help to navigate these complexities offering not only best coverage and pricing for the franchisees while maintaining contractual compliance for the franchisor.” – Chris Treanor, Hub president of Programs and Specialties.