CFC launches cyber portfolio quoting service for UK brokers

CFC, a specialist insurance provider focused on emerging risks and cyber, has launched a new service that automates quoting for up to thousands of policies.

Initially available for CFC’s cyber products, the service enables UK brokers to generate bulk quotes for their entire book of business in a single, streamlined process.

Pat Brice, Distribution Director at CFC, said, “Sending individual submissions on thousands of accounts takes an enormous amount of resources from time-stretched brokers.”

He added, “Our new portfolio quoting service will not only free this time up for them to spend on more valuable complex client demands and relationship building, but also help them cross-sell different products across their entire portfolio. We can even assist in porting master policies over to individual insured policies.”

The service works in three simple steps: brokers submit the required client information, CFC generates quotes for all eligible clients, and brokers review and bind.

Brice continued, “Our portfolio quoting service isn’t just about eliminating manual data input and tedious applications forms; it can open the door to significant growth opportunities within existing books of business, delivering valuable new income streams for UK brokers.”

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.