CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced today the roll-out of an additional product on its Connect digital trading portal for brokers.
Accessing the most comprehensive data enrichment store in the London market, holding pre-cached data relating to 110 million firms, CFC’s Connect portal can make informed quoting decisions in real time delivering a fully adjustable quote to brokers in seconds.
In a further extension to the CFC’s Cyber Proactive Response product available on Connect, US brokers can now quote and bind technology policies, alongside admitted professional liability, by providing just one simple piece of information – their client’s a web address.
Brokers can also self-service, adjusting rates and limits, choosing or removing elements of cover to tailor cover to their client’s unique risk profile and bind multiple policies in just a few short clicks without underwriter referral.
Obtaining and binding a quote for SME commercial specialty business can be a long and unnecessarily arduous process for brokers. As a digitally driven business, CFC uses advanced data science and automation to provide our partners with a smarter, faster underwriting service Dan Keeler, Head of Digital Underwriting
“Connect removes the headache, streamlining the process to provide a frictionless experience. The further addition of our technology product to the portal will allow more US brokers to quote and renew more high volume small business quickly and easily.”
He continues: “Our advanced intelligent automation systems go beyond what has been achieved to date in the commercial specialty market. We’re now expanding our dynamic autonomous underwriting capability across multiple lines of business, making brokers’ lives easier and the whole quote and bind process more efficient than anything else in the market.”
You can access the Connect platform here.
