Munich Re’s The Boiler Inspection and Insurance Company of Canada introduces MyHomeWorks™

Business Wire

Insurer co-branded online tools help homeowners better manage their homes

TORONTO--(BUSINESS WIRE)-- The Boiler Inspection and Insurance Company of Canada (BI&I), a member of HSB Group and part of Munich Re, today announced a new concept in policyholder services -MyHomeWorks™ - a suite of interactive tools to help homeowners control loss, save energy, create an inventory, and troubleshoot tech issues.

“Personal lines carriers are continually seeking to differentiate their offerings in order to provide added value to their customers”, said Derrick Hughes, VP Reinsurance, BI&I. “All homeowners can benefit from content and tools that can help them manage their homes better, control loss and save energy.”

MyHomeWorks™ is an interactive suite of tools which accompanies BI&I’s Home Systems Protection, featuring insurer branded content designed to help homeowners control loss, and find money and energy savings in every room of their home. It offers a free PC checkup to registered users, year-round tech support and an easy and secure home inventory app.

The Boiler Inspection and Insurance Company of Canada, a member of the HSB Group and part of Munich Re’s Risk Solutions family, provides the industry-leading range of equipment breakdown insurance and other specialty coverages for business and home. We focus on clients and partner with them to craft inventive insurance and service solutions to cover existing and emerging risks posed by technological change. Today, as throughout our 140+ year history, our mission is to use our engineering knowledge and insights to help clients prevent loss, advance sustainable use of energy resources and build deeper relationships that benefit business, industry, public institutions and consumers. HSB holds A.M. Best Company’s highest financial rating, A++ (Superior).

For more information, visit munichre.com/hsbbii and connect on LinkedIn, Twitter, Facebook.

Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. This is how Munich Re creates value for clients, shareholders and staff. In the financial year 2015, the Group – which combines primary insurance and reinsurance under one roof – achieved a profit of €3.1bn on premium income of over €50bn. It operates in all lines of insurance, with over 43,000 employees throughout the world. With premium income of around €28bn from reinsurance alone, it is one of the world’s leading reinsurers. Especially when clients require solutions for complex risks, Munich Re is a much sought-after risk carrier. Its primary insurance operations are concentrated mainly in the ERGO Insurance Group, one of the leading insurance groups in Germany and Europe. ERGO is represented in over 30 countries worldwide and offers a comprehensive range of insurances, provision products and services. In 2015, ERGO posted premium income of €17.9bn. In international healthcare business, Munich Re pools its insurance and reinsurance operations, as well as related services, under the Munich Health brand. Munich Re’s global investments (excluding insurance-related investments) amounting to €215bn are managed by MEAG, which also makes its competence available to private and institutional investors outside the Group.