CFC News

CFC Acquires Solution Underwriting in Australia

CFC, the London-based specialist insurer, announced it has agreed to acquire Australian managing general agent, Solution Underwriting. Financial details of the deal, which is expected to complete on April 30, 2024, were not disclosed. CFC has been trading in Australia …

Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy

Specialty insurer CFC announced its entry in the carbon insurance market with the launch of a groundbreaking new product. CFC said its new carbon delivery insurance is the first to cover both the physical and political risks faced by businesses …

People Moves: Probitas Names Botnick to Launch Canada Service Company; Liberty Promotes Boyle to Head of Energy, London; Hart Joins CFC as Head of Proactive Cyber

This edition of International People Moves details appointments at Probitas, Liberty Specialty Markets, and CFC. A summary of these new hires follows here. Probitas Appoints Botnick to Launch Canadian Service Company Probitas, the Lloyd’s insurer, announced appointment of Robbin Botnick …

Markets/Coverages: CFC Launches Embedded Transaction Liability Insurance Product

Specialty insurance provider CFC has launched what it is calling the first ever transaction liability insurance product to be embedded into online M&A platforms in the USA. CFC is initially making its Seller Protect available on the Flippa.com online M&A …

People Moves: Trueman Joins CFC as CUO After Recent Management Shakeup; Aon Promotes Kielty to UK CEO; QBE Re Taps AXIS’ DeSilva as Specialty Underwriter

This edition of International People Moves details appointments at CFC, Aon and QBE Re. A summary of these new hires follows here. Trueman Joins CFC as CUO After Recent Management Shakeup CFC, the specialist managing general agent, announced that Dan …

CFC Executives Walsh and Newman to Step Down After Lloyd’s Misconduct Probe

CFC, the London-based managing general agent, announced that its founder and group CEO, David Walsh, and Graeme Newman, CEO of CFC Underwriting, will be exiting the company following the completion of an investigation by Lloyd’s into allegations of non-financial misconduct. …

Markets/Coverages: CFC Upgrades Packaged Cyber Cover, Services for SMEs

Specialist insurer CFC announced a major upgrade to its packaged insurance policies for professional services businesses. Brokers selling CFC’s professional liability policies can offer SME clients add-on cyber cover that now includes broad cybercrime coverage, as well as giving SMEs …

People Moves: CFC Grabs Phillips From Resilience to Lead Cyber Practice

Specialty insurance provider CFC announced today it has appointed Michael Phillips as Cyber Practice Leader. In this newly created role based out of New York, Michael will drive CFC’s cyber underwriting strategy and broker development in the US with a …

People Moves: Lockton Promotes 5 Key Leaders Into Global Roles; CFC Appoints Marino as Distribution Leader, USA

This edition of People Moves details appointments at the broker Lockton and the managing general agent CFC Underwriting. A summary of these new hires follows here. Lockton Promotes 5 Key Leaders Into Global Roles Lockton, the independent, privately held insurance …

Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings

Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for cyber since 2020. Leveraging CFC’s award-winning trading platform and …