CHICAGO & LONDON--(BUSINESS WIRE)--
CFC, the specialist insurance provider and pioneer in emerging risk, today announced its new cyber insurance platform, enabling brokers to instantly access and ‘self-serve’ CFC’s market-leading cyber insurance products for SME businesses.
“Online quote and bind systems have historically been cumbersome, simply shifting the workload from the insurer to the broker and lacking in terms of flexibility,” said Graeme Newman, Chief Innovation Officer at CFC. “CFC’s new platform truly revolutionizes the process, greatly increasing efficiency for all parties. By answering one simple question, brokers will be able to instantly access a set of bespoke quote options based on their pre-set preferences, create brand new quote variations using a set of intuitive sliders, and bind right away.”
Developed by CFC’s in-house technology and innovation team and powered by 20 years of cyber insurance underwriting and cyber claims data, CFC’s cyber platform boasts an intuitive interface and cutting-edge trading capabilities including:
CFC’s award-winning cyber insurance policies offer comprehensive cover for cybercrime, business interruption, privacy liability and breach notification, and are backed by an industry-leading in-house cyber claims and incident response team. CFC’s cyber insurance customers also have access to best-of-breed risk management services and tools.
Newman continued, “Technology innovation is at the heart of what we do at CFC, and this new platform is only the first in what we hope is a long line of truly transformative tools to smooth the transaction process with our brokers, helping them to more quickly and seamlessly deliver service to clients.”
Launched at its inaugural US broker conference, CFC Summit, taking place this week in Chicago, CFC’s new cyber platform will be available on 1 June 2019.
CFC is a specialist insurance provider and a pioneer in emerging risk. With a track record of disrupting inefficient insurance markets, CFC uses proprietary technology to deliver high-quality products to market faster than the competition while making it easier for brokers to do business. Our broad range of commercial insurance products are purpose-built for today’s risks, and we aim to give our customers everything they need in one, easy-to-understand policy.
Copyright Business Wire 2019