Fusion Launches Innovative Cyber Liability Offering using ChainThat's Policy Admin Platform (BPA)
Fusion, a leading MGA renowned for its expertise in cybersecurity and innovative insurance solutions, has officially launched its Cyber Liability Insurance offering for the Small to Medium-sized Business (SME) sector in the United States, utilizing the advanced capabilities of ChainThat's Beyond Policy Administration (BPA) platform.
This strategic move marks a significant milestone for Fusion, as they leverage the state-of-the-art, API-driven BPA platform, renowned for its headless architecture, to allow its broking partners to connect and facilitate straight through processing.
Mike Cavanaugh, CUO of Fusion, comments, “Fusion focuses on building innovative products and solutions to fill the gaps in the Cyber Liability insurance marketplace. We must be able to adapt to market demands quickly and underwrite effectively while satisfising our distribution partner’s needs. With the ChainThat’s BPA platform, we can be in the driver's seat of our products & distribution channels, enabling us to grow quickly and enhance our solutions over time.”
Echoing the enthusiasm, Vikas Acharya, CEO of ChainThat, expressed excitement about the collaboration, emphasizing the platform's role in enhancing broker experiences and facilitating the launch of cutting-edge insurance products. "We are thrilled to support Fusion in their journey to redefine the cyber liability insurance space. Our platform's headless architecture and automated capabilities are poised to significantly impact Fusion's growth and the efficiency of their broking partners," Acharya remarked.
This partnership is not just about business growth; it’s about setting a new standard in the cyber liability insurance domain. Fusion, with the support of ChainThat’s BPA platform, is poised to usher in a new era of insurance solutions, tailored for the digital age and designed to meet the ever-evolving needs of the SME market.
About Fusion:
Fusion, a leader in cybersecurity for over a decade, offers a unique combination of robust cyber insurance and patented security services. With a community-focused approach, Fusion's integrated solutions provide powerful protection against cyber threats, positioning the company as an innovative and tech-driven MGA.
For more information, visit www.fusionmga.com
About ChainThat:
ChainThat, an insurtech in London, provides innovative SaaS-based insurance technology products that allow brokers, carriers, and MGAs to realise the full potential of their business.
For more information, visit www.chainthat.com