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NEWS
2022
Ancre 2022
January 1, 2022
MANDATORY LEASED ELECTRONIC GOODS EARLY TERMINATION INSURANCE
DUE TO LIFE EVENTS FINALIZED
FOR IMMEDIATE RELEASE — Chance Financial is proud to announce that it has designed, secured and implemented an innovative new program for a leasing company.
Coverage is for the remaining payments in the lease, if due to a covered peril.
Click here to contact Chance Financial.
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2021
Ancre 2021
mandatory 2022
ANNOUNCING THE ARRIVAL OF “CHANCE”
January 4, 2021
FOR IMMEDIATE RELEASE -- Following several years of significant growth with several “divisions”:
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program design by Retail Consumer Insurance
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independent underwriting (“placement”) by Prime Insurance
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white-labelled underwriting by Aladdin Underwriting
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program administration by FABE Insurance Services
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non-insurance program management by LoyaltySure,
we have decided to simplify our communications going forward towards all stakeholders under the unified brand of Chance Financial.
Chance is more than just an insurance broker: Builders of Client Programs for Sponsors with InsurTech. In Europe, the brand is represented by Prime Assurances SAS, a French insurance brokerage company authorised to work in a total of 15 European countries, founded in 2016 and owned by its partners, who in total have close to 100 years of experience in (re-)insurance. In North America, the brand is represented by Delaware-registered Technology Device Insurance Brokers Inc., founded also in 2016
What we do will remain unchanged: working for our clients - both sponsors and intermediaries - to develop innovative solutions in Affinity & Program Insurance, Underwriting and Digital Services.
Click here to contact Chance Financial.
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MANDATORY EXTENDED WARRANTY FOR RECONDITIONED SMARTPHONES
SOLD ON A GLOBAL E-COMMERCE PLATFORM LAUNCHED
July 23, 2021
FOR IMMEDIATE RELEASE — Chance Financial is proud to announce that it has designed, secured and implemented a sophisticated breakdown program with innovating coverage triggers and reimbursement model.
Coverage is for breakdowns that occur after the first 12 months after a sale.
Click here to contact Chance Financial.
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COMBINED MANDATORY BREAKDOWN, ACCIDENTAL DAMAGE AND THEFT COVER FOR BUSINESS NETWORK OPERATOR
April 1, 2021
FOR IMMEDIATE RELEASE — Chance Financial is proud to announce that it has designed, secured and implemented an innovative new program for a network operator for businesses who sells refurbished phones.
Coverage is for breakdown, accidental damage and theft.
Click here to contact Chance Financial.
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combined 2021
Mandatory extended 2021
Annoncing 2021
2020
Ancre 2020
ALL RISKS GAP COVER LAUNCHED
December 1, 2020
FOR IMMEDIATE RELEASE -- Retail Consumer Insurance is proud to announce that it has designed, secured and implemented
what is believed to be the first all risks "GAP" (Guaranteed Asset Protection) program for financial leases.
Coverage is for the difference between the amount remaining on the loan and the market value of the car.
Click here to contact Retail Consumer Insurance or here to contact Prime Insurance.
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HOME GOODS EXTENDED WARRANTY PROGRAM LAUNCHED
October 1, 2020
FOR IMMEDIATE RELEASE -- Prime Insurance has successfully negotiated an innovative extended warranty program
via a local insurer, with the backing of a global reinsurer.
Click here to contact Prime Insurance.
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NEW CREDIT CARD PROGRAM FOR A NEOBANK
September 18, 2020
FOR IMMEDIATE RELEASE -- Retail Consumer Insurance is proud to announce that it has designed, secured and implemented
a second tailor-made Credit Card Insurance Program for a neobank.
Coverage includes smartphone screen damage and claims are made via a fully online process.
Click here to contact Retail Consumer Insurance or here to contact Prime Insurance.
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BIKE THEFT INSURANCE LAUNCHED
April 1, 2020
FOR IMMEDIATE RELEASE -- In the middle of the 2020 pandemic, Prime Insurance has successfully negotiated an innovative bicycle theft program via a local insurer, with the backing of a global reinsurer.
Click here to contact Prime Insurance.
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bike 2020
new credit 2020
home goods 2020
all risk 2020
2019
Ancre 2019
tailor made 2019
decenal 2019
TAILOR-MADE CREDIT CARD INSURANCE PROGRAM LAUNCHED
July 1, 2019
FOR IMMEDIATE RELEASE -- Retail Consumer Insurance is proud to announce that it has designed, secured and implemented what is believed to be the first fully digital and tailor-made Credit Card Insurance Program for a neobank.
Coverages include smartphone screen damage, extended warranty, personal accident and legal assistance. Claims are made via a fully online process.
Click here to contact Retail Consumer Insurance or here to contact Prime Insurance.
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GLOBAL MOBILE PHONE WARRANTY INSURANCE PROGRAM LAUNCHED
May 7, 2019
FOR IMMEDIATE RELEASE -- Retail Consumer Insurance is proud to announce that it has designed, secured and implemented what is believed to be the first fully digital and integrated Global Mobile Phone Warranty Insurance Program.
When customers receive their phone, the box has instructions on how to sign-up on-line for free extended warranty. Claims are also made via a fully online process.
Click here to contact Retail Consumer Insurance or here to contact Prime Insurance.
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REFURBISHED OPTIONAL AFTERSALES MOBILE PHONE ACCIDENTAL DAMAGE PROGRAM LAUNCHED
May 1, 2019
FOR IMMEDIATE RELEASE -- Riding the wave of strong consumer demand for refurbished smartphones, Retail Consumer Insurance has put in place a program that allows a wholesaler to up-sell an insurance product when customers visit their website to register for a commercial warranty.
Click here to contact Retail Consumer Insurance or here to contact Prime Insurance.
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DECENNIAL LIABILITY BINDER SEALED
January 1, 2019
FOR IMMEDIATE RELEASE -- Despite the series of bankruptcies that have plagued the (mostly Freedom of Services) insurers practicing Decennial Liability in France, Prime Insurance has successfully negotiated a binding facility for a French MGA to quote and issue this line of business for SMEs via a local insurer, with the backing of a global reinsurer.
Click here to contact Prime Insurance.
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refurbished
global 2019
2017
Ancre 2017
parnetship
PARTNERSHIP WITH COWEN ANNOUNCED
November 15, 2017
FOR IMMEDIATE RELEASE -- Cowen Inc., a diversified financial services firm with $11bn assets under management and listed on the Nasdaq has signed an outsourced underwriting agreement Prime for its current reinsurance business based in Luxembourg and its future insurance business, to be based in Europe.
Prime will provide both new business identification and scrutiny, as well as portfolio underwriting and strategic advice.
Click here to contact Prime Assurances.
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RESIDUAL VALUE CONCEPT INAUGURATED
July 5, 2017
FOR IMMEDIATE RELEASE -- Prime is proud to announce that it has designed, secured and implemented what is believed to be the first Residual Value Insurance program in Europe, for a large financial institution.
At the end of leases, the financial institution transfers the residual value risk to the insurance market.
As parametrics were used in the solution, the proprietary know-how is expected to be used on a more wide-spread basis to solve difficult-to-place business.
Click here to contact Prime Assurances.
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residual 2017
2016
Ancre 2016
Subsription 2016
SUBSCRIPTION ELECTRONIC DEVICE MANDATORY
INSURANCE PROGRAM LAUNCHED
December 31, 2016
FOR IMMEDIATE RELEASE -- Riding the wave of the subscription economy, Singularis Assurance has negotiated and secured a unique insurance policy to cover all rented grey goods.
The client outsources his risk and acquires a unique selling point, when looking to acquire new customers.
Click here to contact Singularis Assurance.
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MANDATORY ELECTRONIC DEVICE LEASING INSURANCE PROPOSITION FINALIZED
November 15, 2016
FOR IMMEDIATE RELEASE --- Every client of an electronic device leasing company will now benefit from a new insurance solution, designed by Singularis for a Top 100 French intermediary.
Most retailers use insurance as an optional, up-sell. Now, Singularis has proven that there is an economical way to include a valued insurance coverage in a retail consumer product.
Click here to contact Singularis Assurance.
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mandatory 2016
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