Commenting on the developments Gregory Firnau, Head of Product Development, said, “Our regular six week cycle of platform updates means we can rapidly deploy new features and products to satisfy broker and client demand.”
Sticking to the C-Quence philosophy of making the broker’s job easier the latest C-Q Elements update automates the choice of Management Liability policy wordings for different types of organisation including;
- micro businesses,
- Limited Liability Partnerships (LLP) and
- Public Limited Companies (plc).
These are in addition to the existing wording for Private Limited Companies.
Firnau added, “We believe this is the first time that such a broad range of legal entity types has been catered for on an automated platform with the minimum of information necessary from the broker. For example it only takes two minutes to create, bind and deliver customer specific policy, subject to two eligibility questions.”
In addition to the new capabilities, C-Quence has launched a stand-alone D+O insurance policy designed to meet the needs of mid-market Private and Public Limited Companies (plc). The product is also available on the C-Q Elements platform.
C-Quence will launch a comprehensive Property and Casualty proposition later this year.
For more information about C-Quence visit www.c-quence.co.uk.