CFC, an insurance provider specialising in cyber risk, has expanded its rapidly growing transaction liability team by appointing Janine Fenwick as Transaction Liability Practice Leader, Asia Pacific (APAC).
Based in Melbourne, Fenwick will provide strategic leadership to the onshore transaction liability team, established following the acquisition of Solution Underwriting in April this year.
She will oversee the growth of CFC’s transaction liability business across Australia and the broader Asia-Pacific region.
Fenwick brings over 15 years of experience in developing, expanding, negotiating, underwriting and placing M&A insurance solutions across the UK, Europe, Asia-Pacific, and emerging markets.
Most recently, Fenwick served as a Director at Risk Capital Advisers for a decade and has previously held executive roles overseeing transaction liability portfolios at businesses including Marsh and AIG.
Her appointment coincides with CFC increasing its line size in Australia to AUD 50 million, enabling the team to underwrite a wider range of deals including more complex, higher-value transactions.
The firm confirmed that developing CFC’s transaction liability team on the ground in Australia represents a step forward in the team’s global expansion following the establishment of local teams in North America and Europe.
Angus Marshall, Head of Transaction Liability, CFC, commented on the appointment, “Janine is a long-standing industry professional with extensive experience and technical knowledge in the Transaction Liability market, as well as having an impressive track record of building successful teams and insurance businesses.
“While CFC has been writing transaction liability business in Australia since 2016, the acquisition of Solution Underwriting has accelerated our ability to offer local brokers onshore underwriters in local time zones, making it even easier to facilitate transactions.
“Her appointment together with our increased line size in Australia is demonstration of our commitment to delivering an even more responsive and personalised service to our broker partners across the region.”
Fenwick added, “CFC has an unbelievable reputation for innovation and delivering best in class service and I’m hugely excited to become part of the team.
“The business has laid down an impressive plan to achieve its international growth ambitions, and I’m relishing the opportunity to work with my new colleagues to achieve our goals in the Australian and Asia-Pacific markets.”
