Digital MGA, C-Quence and API platform, Cytora have announced they will collaborate for commercial P/C underwriting. The former will launch its P/C suite in January and will use the latter’s property API to connect data to each P/C submission.

Brokers will be provided with: fewer underwriting questions; fast turnaround with quote to bind in minutes; fast handling of referrals; early notification of any declinatures during quotation process; accurate setting of terms and price for every risk and reduced transaction costs.

C-Quence chief executive officer, Jacqueline McNamee said: “By combining our considerable capabilities we are confident of accelerating long-needed transformation in our industry, helping brokers to place risk more easily and providing a more efficient trading experience.”

Cytora chief executive officer, Richard Hartley said: “Our partnership with C-Quence marks an important step in the digitisation of mid-market insurance.

“Cytora was built to make it easier for companies like C-Quence to reinvent the status quo, embracing technology to build better customer experiences and a better understanding of risk,” he added.

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