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Showing posts from June, 2022

CHES Special Risk to help brokers understand its appetite via live Q&A event

  In order to give brokers an opportunity to learn more about its appetite as a Canadian managing general agent,  CHES Special Risk   will be hosting a live Q&A session tomorrow, June 21, 2022. CHES underwriters Rachana Patel and Joyce Rajadurai (both pictured below) will be present at the event to answer brokers’ inquiries, specifically on the MGA’s commercial P&C and course of construction product offerings. They will also offer brokers some insights into how CHES can help them gain more business. Patel has more than 17 years of P&C underwriting experience, and she specializes in medium to large P&C, construction, and hospitality. She also has more than five years of MGA experience. “At CHES, we make a concerted effort to communicate with our brokers on a daily basis, not just through emails, but also through phone conversations,” said Patel in a previous statement. Meanwhile, Rajadurai also has over five years of MGA experience, and specializes in medium to large P&

Top 5 Biggest Insurance Companies in Canada 2022

If you are looking for the   best insurance company in Canada , then you have come to the right place to make the correct decision for you and your family. We have compiled all the reviews about top life insurance companies in Canada for your particular needs. You can  buy an insurance plan  with surety and know that you have made the best decision that fits your requirements. The Biggest Insurance Companies in Canada This list shows the  best five insurance companies in Canada . Few are the largest insurers in the world. CHES Special Risk CHES Special Risk is one of Canada’s top  insurance solution providers , offering world-class assistance to its brokers and Clients too and helping them make some crucial decisions. CHES is one of Canada’s oldest MGA and has wide range of products that are affordable and provide security to them and their dependents. Their USP is that they provide tailor-made policies as per the wants and needs of their customers to provide peace of mind at the right

Insurance Industry Market Condition is Bound to Change: Hard Market to Soft Market!

 All industries go through expansion and contraction cycles, and the insurance industry is no exception. The current state of the industry suggests that we are in the contraction stage of the cycle, also known as the ‘Hard Market’ situation but will eventually transition into the ‘Soft Market’ phase. Here’s a brief overview from CHES Special Risk , President & CEO, Gary Hirst, an industry veteran who has witnessed all kind of transitions. Here is his take on: “Hard Market: Underwriting becomes more difficult and stringent during a Hard market.” MGA’s — Broker’s ‘survival kit’ in the Hard Market! In the current hard market, MGAs are the industry’s unsung heroes; the ‘survival kit’ for retail brokers. Where domestic markets are shrinking or withdrawing, and where underwriting is becoming more stringent, independent MGA offer capacities and assist brokers in placing risks and completing placements. “At CHES, we’ve been keeping an eye on the Hard Market and the brokers’ activity. We’ve