C-Quence, a new insurtech managing general agent (MGA), has launched its underwriting platform, known as C-Q Elements in London.
C-Q Elements automates the process of underwriting and slashes administrative work while accelerating the underwriting decisions.
The insurtech start-up, which secured support from Arch Insurance Company (Europe) earlier in July last year, also rolled out its management liability product ML5.
Designed as a modular product, ML5 allows brokers to integrate management liability cover with up to four other covers and customise the product.
Leveraging latest technology and data, the company aims to transform and improve commercial broking experiences and emerge as a leading digital MGA.
C-Quence CEO Jacqueline McNamee said: “Having started on 1 March last year I am proud with what our talented team have achieved in such a short space of time.
“The speed at which we have achieved our first major goal gives me great confidence that we will grow the business rapidly in 2019, delivering a Property and Casualty suite along similar lines to ML5 and continually improve the broker experience with C-Q Elements.”