Specialist insurer CFC has announced that its trading platform Connect now supports multiple commercial specialty lines. The insurer said brokers can now auto-rate and bind admitted professional liability and technology E&O policies for more than 500 professions, in addition to cyber cover.

Graeme Newman (pictured), CEO of CFC, said: “Our proprietary technology interrogates numerous data points to ascertain business characteristics and interpret more accurately what a business does and its exposure to various risk factors. Combined with our 20 plus years of underwriting and claims data, this enables us to price the risk accordingly in milliseconds without any human interaction.”

He added: “We’re now expanding our dynamic autonomous underwriting capability across multiple lines of business, making our brokers’ lives easier and the whole process frictionless and more efficient than anything else in the market.”

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