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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

CFC revises tech and media policies

28th March 2022

CFC has revised its policies for tech and media companies which deliver comprehensive cover for the exposures these companies face today and remove the need for multiple policies. CFC’s Head of Tech, Media and IP, Michael Brunero commented: “Technology has changed the way we communicate, how we share and consume information, ... Read the full article

CFC names Philippa Berry as Cyber Product Leader

1st March 2022

CFC has promoted Philippa Berry to the role of Cyber Product Leader, where she will contribute to CFC’s cyber underwriting strategy and oversee a variety of cyber-related special projects. She holds over 10 years of experience in the London market, much of which has been spent focused on cyber, and has ... Read the full article

CFC names Richard Ward as Non-Executive Chairman

2nd February 2022

CFC, the emerging risk and cyber insurance specialist, has appointed Dr. Richard Ward as Non-Executive Chairman, who brings a long career within insurance and the London market. Ward has previously served as CEO of Lloyd’s of London from 2006 until 2013, during which time he introduced digitisation across many of its ... Read the full article

CFC secures significant investment from European PE firms EQT & Vitruvian

21st October 2021

CFC, the emerging risks focused and specialist cyber insurer, has secured a major investment joint-led by two of Europe's leading private equity firms, EQT and Vitruvian, which will see CFC's employee shareholders almost double. Founded more than 20 years ago, CFC has established itself as a global leader in cyber and ... Read the full article

CFC appoints Graeme Newman as CEO

29th July 2021

Specialist insurer CFC has appointed current Chief Innovation Office Graeme Newman as its new Chief Executive Officer (CEO). As CEO, Newman will lead all aspects of CFC’s underwriting business based in London, including the company’s growing data, technology and operations functions. He succeeds founder Dave Walsh, who will assume the role of ... Read the full article

CFC Syndicate 1988 begins trading

21st June 2021

Specialist insurer CFC has announced that CFC Syndicate 1988 has incepted and begun trading. The syndicate has worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, an ILS manager, and reinsurers located in Bermuda, Cayman and Japan. As previously announced, CFC Syndicate 1988 is writing approximately ... Read the full article

CFC gains Lloyd’s ‘in principle’ approval for new Syndicate

30th April 2021

Specialist insurer CFC has announced that Lloyd’s has provided 'in principle' approval for the creation of CFC Syndicate 1988. The new syndicate will be managed by Asta Managing Agency (Asta) which will work with CFC to secure final approvals to commence underwriting business incepting July this year. The syndicate will write a ... Read the full article

CFC acquires Australian cyber security firm Insane Technologies

19th March 2021

Specialist insurer CFC has extended its in-house cyber incident response team with the acquisition of Insane Technologies, an Australian cyber security and incident response provider. With the addition of Insane Technologies, CFC says it has deepened its roster of in-house technical experts. “Like us, Insane have been handling cyber security incidents for ... Read the full article