Crux Underwriting relaunches CruxHub for online terror quote and bind
Terrorism is the first product on the London MGA's refreshed broker platform, with a wind deductible buy down product next.
Crux Underwriting has refreshed CruxHub so brokers can submit, quote and bind terrorism risks online in minutes, cutting administration in a class the London MGA describes as high volume.
Terrorism is the first product available through the new platform. A Wind Deductible Buy Down product is due next, while later releases will add products, functions and services beyond new business trading.
CruxHub is the broker-facing part of Crux's core underwriting platform. It captures information once and carries it through a connected risk workflow.
Crux said the approach reduces manual administration, supports consistent underwriting decisions and gives the business a single view of each risk. The MGA expects those efficiencies to open additional and alternative distribution and bring more premium into the London market.
"Terrorism is a high-volume class in an increasingly volatile world. Brokers need speed, simplicity and certainty when placing business," said Mike O'Connor, co-founder and chief commercial officer of Crux Underwriting.
O'Connor said the refreshed platform enables brokers to quote and bind terrorism risks in minutes while creating the efficiency needed to support new routes to market. Further products and capabilities will follow, he added.
Crux is an independent, team-owned, multi-line specialty MGA based in London. It became a Lloyd's coverholder in 2024 and is an appointed representative of DA Strategy Limited, Insurance Today reported.
The MGA's product page lists terrorism line sizes of up to $400m and political violence line sizes of up to $60m. Its cover includes certified and non-certified terrorism, sabotage, strikes, riots and civil commotion, malicious damage and war.
Crux says the workflow can support additional distribution, including its Wind Deductible Buy Down launch.
Related coverage: Ardonagh to bring its MGAs worldwide under the Orvia brand and Lexcel launches AI system that applies specialty underwriters' rules.
Sources
- Crux Underwriting: CruxHub launch, quote and bind terror risks in minutes
- Insurance Innovation Reporter: Crux Underwriting refreshes CruxHub for terror risks
- Insurance Today: Crux Underwriting enhances online distribution platform
- Crux Underwriting: Political violence and terrorism
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