CFC acquires ThreatInformer
CFC, the specialist insurance provider and “pioneer in emerging risk,” announced that it has acquired London-based ThreatInformer, which leverages a combination of “big data and machine learning” to help insurance companies better understand their customers’ exposures by compiling readily-available information about their risk profile from a variety of external sources.
By integrating ThreatInformer with its own suite of technology, CFC will continue to streamline and improve key activities in the underwriting process as well as uncover patterns in claims data to help predict and prevent client losses.
“Putting technology and data at the heart of everything we do is what sets CFC apart and is critical to staying competitive in today’s market. Bringing ThreatInformer’s unique technology in-house was a natural next step for us and builds on a number of exciting projects already underway.” – Dave Walsh, CFC CEO.