CFC has launched a new service designed to automate quoting for up to thousands of policies. Initially available for the specialist insurance provider’s cyber products, UK brokers can bulk quote their entire books of business in a single process.
“Sending individual submissions on thousands of accounts takes an enormous amount of resource from time-stretched brokers,” said Pat Brice, distribution director at CFC. “Our new portfolio quoting service will not only free up this time 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.
“Our portfolio quoting service isn’t just about eliminating manual data input and tedious application forms; it can open the door to significant growth opportunities within existing books of business, delivering valuable new income streams for UK brokers.”
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