CHES announces new life insurance affiliateBy The IJ Staff | February 26 2020 03:32PM
CHES Special Risk Inc. announced Feb. 24 that it now has a new sister company – CHES Financial Services. This affiliate offers life, health, critical illness and travel insurance, as well as employee benefits solutions.
By offering these products, CHES Financial Services aims to enable Property and Casualty (P&C) brokers “to capitalize on the growing demand for a holistic, one stop shop solution for insurance buyers’ needs,” says the company.
CHES Financial Services currently operates in Ontario and is in discussions with distribution partners to expand into other provinces, says CHES.
“There is a substantial demand from P&C brokers for help in securing competitive and flexible terms in the Life, Health, Critical Illness and Travel Insurance, and Employee Benefits markets,” stated Gary Hirst, President and CEO of CHES Financial Services and CHES Special Risk Inc. “In response to that demand…we have established CHES Financial Services as a conduit into an area that P&C brokers have not previously had access.”