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 as Global Head of Cyber at AXIS Insurance.
Under his leadership, the team went on to become one of the foremost cyber underwriting teams globally.
Trueman served in this role for over six years following AXIS’ 2017 acquisition of Lloyd’s carrier Novae, where he had served as Chief Innovation Officer.
Trueman began his career in the industry by working as an Active Underwriter, Enterprise Risk at Kiln (now known as Tokio Marine Kiln).
Addressing his new role, Trueman said: “I am thrilled to be joining CFC and to work with such an exciting leadership team. It is recognised as a leading speciality underwriting business that’s consistently responding to the changing risk climate through its innovative products and approach. As well-respected pioneers in emerging risk, I’m also looking forward to collaborating with CFC’s experienced and talented teams as we continue its impressive growth journey.”
Holmes, commented: “Dan’s expertise in innovation will add huge value to our business going forward. Innovation is in our DNA and runs through every class of business and every product we write. I have no doubt that he will play a pivotal role in helping CFC identify new niche areas where we can add value and work with our underwriters to ensure we write profitable and sustainable business.
“Dan has also been a key figure in cyber for many years and his experience in this sector will clearly prove invaluable given our position as one of the world’s leading cyber markets.”
