[22 February 2024] - C-Quence, the pioneering digital MGA, continues the next phase of its rapid expansion journey with the unveiling of ML-6, the innovative enhancement to its acclaimed Management Liability offering that includes a new Legal Expenses Module and the addition of a range of client support services.
The cornerstone of C-Quence's approach lies in the strategic fusion of product excellence with intelligent utilisation of technology.
Jacqueline McNamee, CEO at C-Quence, explains, " With ML-6, we are taking a leap forward by combining state-of-the-art technology and data intelligence with a product that offers meaningful value to clients together with competitive and service advantages to brokers using our CQ elements platform.
“We believe this is the first time Legal Expenses cover has been included as part of a technology led Management Liability suite. Combining this new cover with a complementary suite of client support services and transformative upgrades to our existing cover modules demonstrates our commitment to innovative solutions to meet the evolving needs of brokers and their clients”.
Clever tech and smart design:
As well as algorithmic underwriting, C-Quence leverages AI and robotics to automate a myriad of administrative processes, streamlining and often eliminating lifecycle bureaucracy. This ensures that brokers using the CQ elements platform experience a seamless journey, from obtaining quotes and binding business to making mid-term adjustments and administering renewals.
McNamee elaborates, "Our commitment to efficiency goes beyond automation; it extends to understanding the complexities of the brokerage landscape. Clever use of technology and data in designing our platform and products means we cater for the individual intricacies of each and every client large or small; simple or complex.
“Brokers can also rely not just on the efficiencies and effectiveness of our technology but also on our underwriting expertise. They can always engage with our experienced underwriters, ensuring a holistic and tailored approach for every client.”
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21.02.2024