CFC revamps product for technology companies

new-technology

MGA says new offering follows consultation with its broker partners.

CFC Underwriting has launched its revamped insurance proposition for technology companies.

The Lloyd’s managing general agent (MGA) stated that the new offering was a “significant upgrade to its existing proposition”, which aims to protect technology companies against the emerging risks that they face in the running of their businesses.

It detailed that the product now includes cover for breach of a client contract, which is available up to the full policy limit, as well as an updated waiver

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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