CFC Introduces Cutting-Edge Cyber Insurance Platform

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Press release content from Business Wire. The AP news staff was not involved in its creation.

CHICAGO & LONDON–(BUSINESS WIRE)–May 23, 2019–

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…

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