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Remodeling the Insurance coverage Shopping for Course of with Digital Actual-Time Quoting, Value Financial savings, and System-Broad Compliance to Guarantee Higher Technique and Protection
HUB Franchise Insurance coverage Options, a brand new digital platform to assist franchisors and franchisees within the U.S. and people with cross-border operations in Canada handle all their insurance coverage wants in a single place, has launched.
“Sustaining insurance coverage is complicated in franchising, particularly for multi-unit operators,” mentioned Chris Treanor, HUB President of Applications and Specialties. “As extra areas open, the franchisors sometimes lack the instruments to trace insurance coverage compliance whereas the franchisees might arrange an insurance coverage program that lacks construction – under-insured in some areas, over-insured on others, navigating many various expiration dates and paying greater than they need to. Our options assist to navigate these complexities providing not solely greatest protection and pricing for the franchisees whereas sustaining contractual compliance for the franchisor.”
With HUB Franchisee Insurance coverage Options, franchisors and franchisees will have the ability to digitally overview insurance coverage choices and aggressive pricing. As well as, they will monitor insurance coverage certificates, obtain automated updates when franchisees usually are not in compliance and/or have to renew insurance coverage insurance policies, and overview claims notifications, with the additional advantage of reside agent assist through cellphone or reside chat.
Whereas franchising is regulated on the federal degree, there are additionally state-level franchise legal guidelines. Franchisors and franchisees have to be compliant within the state the place they’re headquartered and, within the states the place the franchises are positioned. HUB Franchise Insurance coverage Options helps guarantee franchisors and franchisees perceive these complexities and are insured appropriately.
With HUB Franchisee Insurance coverage Options, HUB continues its dedication to offering tailor-made insurance coverage options designed to greatest handle its shoppers’ dangers and insurance coverage wants.
Supply: Hub
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