News Release – Relay Continues Cyber & Specialty Push in Canada With Addition of CapriCMW to Innovative Broker Platform
RELAY CONTINUES CYBER AND SPECIALTY INSURANCE PUSH IN CANADA WITH ADDITION OF CAPRICMW TO INNOVATIVE BROKER PLATFORM
Relay welcomes CapriCMW to fast-growing list of brokers and agents joining the sleek Commercial Insurance ePlacing Platform
New York, NY – November 9, 2021 – Relay Platform (Relay), is pleased to welcome CapriCMW to its award-winning insurance placement platform Relay I5. Launched first with cyber insurance, Relay I5’s sleek interface offers CapriCMW access to cutting-edge functions designed to save time and increase renewal and close rates, such as a unified application form, an informative Competitive Differentiation Table™ and a semi-automated Smart Client Proposal™. The platform combines the old and the new, with support for both API (automated) and email quotes, across commercial lines.
CapriCMW, a leading independent insurance brokerage headquartered in Western Canada, provides custom insurance and risk management solutions for today’s technological environments, integrating seamlessly with Relay. Partnering with Canada’s leading insurers, CapriCMW delivers the latest innovations in products, services and solutions to businesses operating nationwide and globally.
Relay, an innovative provider of solutions enabling the digital transformation of commercial insurance and reinsurance submissions, is designed to facilitate the transition to data-first insurance placements, instant quoting, and superior broker-cedent connectivity to markets. The Relay I5 platform allows insurance brokers to visually structure placements, rapidly identify and approach the most relevant markets, and iteratively automate subsequent steps to deliver Smart Client Proposals™ that close more business.
“We are very excited to be partnering with Relay. Their cyber insurance quoting platform will serve as a conduit to improve our efficiency and accuracy in delivering timely coverage options to our valued clients and prospects,” said Rob Selnes, Cyber Practice Leader at CapriCMW. “Through this partnership, CapriCMW’s Risk Advisors are being empowered with additional tools and resources to deliver the exceptional service experience our clients expect now and into the future.”
“Equipped with our fast-growing platform for their placements, CapriCMW will speed up their placement drastically and free up significant time to focus on earlier renewals and strategic initiatives. Relay also allowed them to share their innovative capabilities with their carrier partners, invited to the platform to submit quotes either by email which Relay can track and optionally process or through our dedicated dashboard,” Andrew deGroot, Vice President, Enterprise Accounts & International Sales.
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With Relay, brokers drastically increase their close rates by securing and comparing quotes and creating winning proposals faster, for both renewal and new business. Relay is the single-entry multi-carrier comparative-rating solution that can handle all P&C lines, across all mediums including both instant (“API”) and email quoting, at any level of complexity. Relay facilitates billions in bound coverage across insurance and reinsurance annually. With an exponentially growing client base in North America, Relay also counts among the few Lloyd’s accredited London market e-platforms.. Visit www.relayplatform.com or email [email protected] for more information.
CapriCMW is a uniquely independent, locally and employee-owned company with strong roots in British Columbia, created through the merger of CMW and Capri Insurance. With decades of experience and specialized expertise, CapriCMW advisors provide custom insurance and risk management solutions to personal and business clients across Canada. With over 450 professionals in 16 offices, CapriCMW offers a wide range of professional expertise spanning a multitude of industries, products and services. Visit capricmw.ca for more information.