Reinsurance News

CFC added to Sayata’s digital distribution platform

2nd August 2022 - Author: Jack Willard -

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Sayata, a marketplace for insurance brokers and carriers, has announced the addition of CFC – a specialist insurance provider, to the Sayata platform.

CFCThe addition of CFC to the platform will offer brokers full access to CFC’s award-winning cyber insurance offering for small and medium businesses (SMBs).

CFC’s cyber insurance solution offers proactive threat intelligence to help customers identify and prevent incidents before they happen, alongside comprehensive coverage and the largest in-house cyber claims and incident response team in the market.

Moreover, with more than 20 years of experience in cyber insurance, CFC was also one of the first providers to use advanced technology and data science to deliver smarter, faster underwriting.

“Today, SMBs are challenged to find affordable and effective cyber insurance as premiums are spiking and coverage is becoming increasingly difficult to obtain. SMBs need more coverage alternatives to find the right cyber insurance for their business needs and budget,” said Asaf Lifshitz, CEO of Sayata.

“CFC’s product is a complete coverage and service offering that gives our broker partners and their SMB clients a powerful tool to offset the risk presented by the ever-changing cyber threatscape. Now with CFC offered on the Sayata platform, brokers have an even greater ability to quickly find and secure the right coverage for their small business insureds regardless of market conditions.”

Lindsey Nelson, Cyber Development Leader at CFC, added: “CFC has a track record of using technology to enhance underwriting and expand access to our products. Partnering with Sayata offers an exciting opportunity to reach even more brokers and SMB clients with our cyber insurance offering through their innovative digital platform.”