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 Group CEO where he will oversee the operations for CFC’s global offices.
Walsh commented: “Over the past 13 years, Graeme has been the driving force behind one of our core product lines, cyber, and has overseen the expansion of our cutting-edge technology platform, among his many other valuable contributions.
“This appointment is a natural progression for both Graeme and for CFC and we couldn’t be more excited about the future of the business under his leadership.”
Newman added: “It is an incredibly exciting time at CFC as we embark on an ambitious, technology-driven roadmap.
“It’s a privilege to continue serving CFC as its new CEO and I look forward to working closely with the team to achieve our goals.”