Awarded to the outstanding insurance technology project in the last 12 to 24 months, CFC took home the Excellence in Technology prize for Specialist Lines at Insurance Post’s inaugural British Insurance Technology Awards—thanks to our fully automated global platform, Connect.
Powered by machine learning and our proprietary algorithms, Connect enables a frictionless trading experience for specialty lines brokers 24/7/365. Through this groundbreaking initiative, brokers can benefit from automatic quoting and binding via multiple online channels, maximizing efficiency and creating a smoother experience for the end customer.
The platform processes thousands of quotes every month, and the majority of business is completed with zero touch by an underwriter. This empowers our brokers to quote high volume business quickly and easily, so our insurance products can better protect businesses across the world.
This win demonstrates our continued commitment to invest and innovate in technology, as we look to make the trading process as seamless as can be. Thanks to Insurance Post for staging an incredible night, and congratulations to all other winners.
