Reinsurance News
Your search for “cfc”
CFC acquires Australian MGA Solution Underwriting
17th April 2024
Specialist insurance provider, CFC, has agreed to acquire Australian managing general agent (MGA), Solution Underwriting, in a move that is set to expand the company's footprint in Australia. Headquartered in Melbourne, with offices located in Sydney, Brisbane and Perth, Solution is a specialist insurance underwriter that particularly focuses on financial lines ... Read the full article
CFC enters carbon insurance market with new product
19th March 2024
Specialist insurance provider CFC has announced its entry into the carbon insurance market with the launch of a "groundbreaking" new product. CFC’s new Carbon Delivery Insurance is reportedly the first to cover both the physical and political risks faced by businesses purchasing voluntary carbon credits on a forward basis. According to CFC, ... Read the full article
CFC appoints SCOR’s Samantha Tanner as Chief Actuary
13th February 2024
CFC, the specialist insurance provider with expertise in emerging risk and cyber, has appointed Samantha Tanner, formerly of global reinsurer SCOR, as its new Chief Actuary. Tanner brings more than two decades of insurance experience in the Lloyd’s market and internationally to the role. She started her actuarial career at KPMG ... Read the full article
CFC forms specialist team focusing on tax-related risks in M&A transactions
12th February 2024
Specialist insurance provider CFC, has announced the creation of a dedicated team to focus on underwriting tax risk in M&A transactions, to be led by Alejandra Hernandez Irizarry in London and Courtney Alonzo based in New York. The risks covered include renewable energy tax credits, tax treaty risks, stamp duty risks, ... Read the full article
Nichola Archibald appointed Interim Chief People Officer at CFC
8th February 2024
Specialist insurance provider CFC has hired industry veteran Nichola Archibald as Interim Chief People Officer. Overall, Archibald has over 25 years of expertise across a wide range of industry sectors, including insurance holding senior HR positions at Inter Hannover Plc and Hannover Re, RSA and Aviva. CFC explained that Archibald has been ... Read the full article
Jason Hart appointed Head of Proactive Cyber at CFC
5th February 2024
Specialist insurance provider, CFC, has hired Jason Hart as Head of Proactive Cyber, where he will be responsible for leading the continued development of CFC’s cyber threat analysis, vulnerability and threat detection service. Hart has over 20 years of experience in creating and developing information security offerings and services. In his most ... Read the full article
CFC hires AXIS’ Dan Trueman as Chief Underwriting Officer
9th January 2024
CFC, the global specialist insurance provider, has appointed AXIS Insurance's Dan Trueman as Chief Underwriting Officer (CUO). At the same time, CFC has also confirmed, that current CUO Andy Holmes will be assuming the role of Chief Executive Officer, going forward. A renowned veteran across the global insurance sector, Trueman previously served ... Read the full article
CFC names Louise O’Shea CEO, as founders depart after misconduct investigation
30th November 2023
CFC, the global specialist cyber insurance provider, has appointed Louise O’Shea as its new Chief Executive Officer, subject to FCA approval. The news follows the completion of an investigation by Lloyd’s into allegations of non-financial misconduct at the company, concluding with the leaving of David Walsh (Group CEO) in January 2024. Graeme ... Read the full article
CFC extends cyber cover for professional services firms
27th November 2023
Specialist insurance provider, CFC, is now offering small and medium-sized enterprises add-on cyber coverage to their packaged insurance policies for professional services businesses. The insurer is offering broad cybercrime coverage, as well as giving SMEs access to proactive cyberattack prevention services and incident response capabilities. “Extending the current cyber add-on with new ... Read the full article
CFC unveils new management liability solution for Canadian SMEs
15th November 2023
CFC, a specialist insurance provider, has launched a new management liability solution designed specifically for Canadian small to mid sized businesses. According to the firm, its new solution includes a variety of new coverages, many of which are non-standard within the Canadian market. Brand new coverages provided under CFC’s solution includes executive ... Read the full article
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