Digital managing general agent C-Quence has announced that it is adding an excess D&O product to its range of financial lines offerings.
The new product will be traded on C-Quence’s proprietary cloud-based platform, CQ Elements.
According to the MGA, the excess D&O product will have a cover limit of up to £10 million on an any one claim (AOC) basis, backed by A-rated capacity. C-Quence added that the product is aimed at brokers that require higher limits of indemnity and protection for clients within the MGA’s target market.
“By trading excess D&O digitally we cut through old fashioned and slow manual underwriting processes and policy production,” said C-Quence CEO Jacqueline McNamee.
McNamee added that brokers trading with C-Quence can “expect the same quick turnaround and instant, accurate & bespoke policy delivery experience they enjoy” across all of the company’s products, which would save them time and improve their efficiency.
C-Quence was recognized by Insurance Business UK as one of the winners of the 5-Star Professional Indemnity award for the year 2021.