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CFC introduces innovative TTS insurance to safeguard title to shares loss
19th July 2023
Specialist insurance provider CFC, known for its expertise in emerging risks and leadership in cyber insurance, has unveiled its latest offering, an innovative solution to cover title to shares risks (TTS insurance). The newly launched TTS insurance is designed to provide excess coverage for losses arising from breaches of title and ... Read the full article
CFC launches new innovation facility
13th July 2023
Specialist insurance provider CFC has launched an innovation facility to develop and underwrite products under the Lloyd’s “ICX” innovation risk code. Led by the CFC 1988 syndicate, CFC suggests that the new innovation facility will pursue opportunities using its "unique innovation approach", which is built to deliver decisive exploratory underwriting while ... Read the full article
CFC hires Michael Phillips as Cyber Practice Leader
15th May 2023
CFC, the specialist insurance provider has appointed Michael Phillips as Cyber Practice Leader. In the role, Phillips will be based out of New York. As Cyber Practice Leader, Phillips will drive CFC’s cyber underwriting strategy and broker development in the US with a specific focus on CFC’s admitted cyber product. He joins CFC ... Read the full article
CFC appoints Lori Marino to Distribution Leader, USA
11th May 2023
CFC, a specialist insurance provider, has appointed Lori Marino to the newly created role of Distribution Leader, USA. In this new role, Marino will be based out of New York, where she will hold responsibility for broker relationship management, as well as CFC’s distribution strategy across the US market. She joins CFC ... Read the full article
CFC adds professional liability & tech E&O to admitted product suite
23rd March 2023
Specialist insurance provider CFC has announced the expansion of its admitted product suite offerings with the additions of professional liability and technology E&O. Leveraging CFC’s trading platform and API - Connect - US brokers will now possess the ability to auto-rate and bind admitted professional liability policies for more than 500 ... Read the full article
CFC introduces policy encryption for cyber insurance
15th February 2023
Specialist insurance provider CFC has announced that it is introducing policy encryption for its cyber insurance policies, with the firm noting that it is the first provider in the industry to do so. CFC suggests that providing this additional layer of security for its customers is another critical step to keeping ... Read the full article
CFC appoints Markel’s Scott Bailey as Cyber Underwriting Leader
10th February 2023
Specialist insurance provider CFC, has announced that it has appointed Scott Bailey as Cyber Underwriting Leader. In this newly created role, he will be responsible for the strategic underwriting management of CFC’s entire cyber portfolio. Bailey returns to CFC after almost 10 years of service Markel International. During his last four years ... Read the full article
CFC launches dedicated fintech team
9th January 2023
Specialist insurance provider CFC, has announced the creation of a dedicated fintech team as part of its financial practice. CFC noted that this new team will bring together over 40 years of industry experience from underwriters with deep levels of experience of writing technology risks and financial institutions. Additionally, CFC claims that ... Read the full article
CFC hires George Beattie to be new head of innovation
20th October 2022
Specialist insurance provider CFC has hired George Beattie to be its new head of innovation. The firm said that Beattie, in his new role, will be leveraging its technology and data science. He begins in January 2023 and joins CFC from Beazley where he has lead the incubation underwriting function for ... Read the full article
CFC added to Sayata’s digital distribution platform
2nd August 2022
Sayata, a marketplace for insurance brokers and carriers, has announced the addition of CFC – a specialist insurance provider, to the Sayata platform. The 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 ... Read the full article
CFC expands into North America and Australia
27th July 2022
CFC, the specialist insurance provider, has expanded its cyber threat analysis capability into North America and Australia. The company’s cyber threat analysis focuses solely on identifying new cyber threats and working with cyber customers to prevent attacks before they happen. Roger Francis, Managing Director of CFC Response, said: ... Read the full article
CFC partners with Farillio on professional liability digital platform
20th July 2022
CFC, the specialist insurance provider, has partnered with Farillio to launch a digital platform for its professional liability and management liability policyholders in the UK. Designed for small business owners, the platform delivers practical tools and resources to help customers grow and scale their businesses – from employment ... Read the full article
CFC warns of new ‘BazarCall’ ransomware attacks
12th July 2022
Specialist insurance provider CFC has warned brokers and clients of an emerging method of ransomware attack, dubbed ‘BazarCall’, which is targeting small businesses. According to CFC’s in-house cyber threat analysis team, the ‘BazarCall’ attack method has been growing in use among well-known ransomware groups and is responsible for an increasing number ... Read the full article
Booming tech M&A deals present unique insurance risks, says CFC
29th June 2022
Specialist insurance provider CFC has encouraged brokers to play a greater role in helping their tech clients mitigate the unique risks they face when considering any merger or acquisition deal. The cites the top three risks within tech M&A deals as intellectual property, data protection and cyber security. “The tech sector saw ... Read the full article
CFC names Roger Francis as Managing Director, CFC Response
4th April 2022
Specialist insurer CFC has appointed Roger Francis to the newly-created role of Managing Director of CFC Response, bringing with him over 15 years of experience within information security. Francis joined CFC in the summer of 2019 to take up the role of Cyber Claims Director, having previously helped businesses protect their ... Read the full article
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