CFC Joins Quotey Marketplace
Whitby, ON (Jan. 22, 2024) – Quotey is delighted to announce that it has expanded its commercial and specialty insurer marketplace to include CFC’s Cyber insurance product. CFC is a global specialist insurance provider, pioneer in emerging risk and leader in cyber.
Broker partners using the Quotey platform can now receive instant Cyber insurance quotes for their clients from Canada’s market leader, CFC. In just a few questions, CFC will quote for over a thousand specific industries and offer their award-winning coverage, together with proactive cyber-attack prevention and unrivaled cyber claims and incident response services.
“CFC is an undisputed leader and pioneer in Cyber insurance, so enabling Quotey’s users to instantly obtain their Cyber quotes through our marketplace is a big step forward,” said Quotey CEO and Co-Founder, Nick Kidd. “In my experience, Cyber insurance is an extremely important, yet highly misunderstood product in Canada. By working with CFC, we intend to help Canadian insurance brokers de-mystify the product and provide better overall protection for their clients.”
“We’re delighted to join forces with Quotey and widen access for Canadian brokers to our market-leading cyber insurance,” says Laura Martin, CFC Cyber Development Manager, Canada. “This partnership shows our joint commitment to increasing cyber adoption in the Canadian market, and providing SMBs access to our award-winning cyber solution that starts working the moment a policy binds.”
Quotey launched last year in all provinces except Quebec – where it will be available in 2024 – and is Canada’s first multi-insurer commercial lines quoting and cover comparison tool for brokers. The platform only costs $10 a month per user and allows brokers to complete a single digital application for over 700 classes of business and get instant comparable quotes from a growing list of participating insurers like CFC.
About CFC
CFC is a specialist insurance provider, pioneer in emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today’s most critical business risks.
Headquartered in London with offices in New York, San Francisco, Austin, Brussels and Brisbane, CFC has over 850 employees and is trusted by more than 130,000 businesses in 90 countries. For more information, visit www.cfcunderwriting.com.
About Quotey
Founded in 2020, Quotey Inc. is a privately held Canadian technology company based in Whitby, Ontario, established to serve the commercial insurance industry. It works with multiple brokerages and carriers to create a simpler, more efficient and ultimately better process for securing commercial insurance coverage for clients. For more information, visit quotey.io.
SOURCE: Quotey
Tags: CFC Underwriting, InsurTech, InsurTech Spotlight, launch, Quotey