Awarded to technology initiatives that improve operational efficiencies, customer services or business administration, CFC claimed bronze in Excellence in Technology at the Insurance Times Awards 2023, thanks to our fully automated global platform for underwriters and brokers—the first of its kind in commercial speciality lines.
Developed, built and supported by our in-house tech team, our global platform uses machine learning and proprietary algorithms to deliver a frictionless trading experience for speciality lines brokers, and a smoother customer experience for businesses everywhere.
Able to return a bindable quote in 10 seconds flat, users only have to answer a single question of risk. This efficiency enables us to process almost 10,000 quotes a month on complex speciality lines including cyber.
Here’s what some of our partners have to say.
“CFC is a best-in-class partner, especially when it comes to technology. They were one of the first movers in the API revolution and it shows, as they are far more advanced than their peers in that regard. They continue to develop their capabilities to ensure their technology continues to meet the ever-evolving needs of the insurance industry.” Head of Strategic Partnerships & Carrier Relations, Canadian partner
“Working with CFC has enabled us and our partners to have a streamlined quote-bind-issue process enabling all of us to do more business quicker and efficiently. Getting competitive bindable quotes in a fraction of the time, with a very broad appetite, has provided many of our top tier broker partners the ability to easily place cyber accounts.” CEO, US partner
We take great pride in being recognized with this award. Congratulations to all other nominees and winners, and thank you to the Insurance Times for hosting a joyful night.
