CFC Underwriting 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 …

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. …

Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority

The Grange Pub in Cardiff is a typical modern British tavern. A short stroll from the city centre, it’s busy most days of the week. Weekends are packed, especially for Sunday lunch. In March 2020 all that stopped. Government lockdown …

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 Launches Policy Encryption for Cyber Cover in Industry First

CFC Underwriting, the specialist managing general agent, announced it is introducing policy encryption for its cyber insurance policies – and is the first provider in the industry to do so. Leveraging its mobile app for cyber to deliver the encryption …

People Moves: CFC Taps Markel’s Bailey to Lead Cyber U/W; Lockton Hires James as Head of Facilities & Binders; WTW Appoints Aon’s Van Ede for Trade Credit

This edition of International People Moves details appointments at the MGA CFC Underwriting, Lockton, and WTW. A summary of these new hires follows here. CFC Taps Markel’s Bailey as Cyber Underwriting Leader CFC Underwriting, the London-based specialist managing general agent, …

Viewpoint: The Metaverse – Hype vs Reality

The hype around the metaverse has been matched by the millions of dollars being invested by big tech and big business. With Walmart recently announcing its entry on the online gaming platform Roblox, the message to B2C and B2B companies …

People Moves: SCOR Taps AXA XL’s Guest as Head of Crisis Mgmt; Former Beazley Exec Beattie Joins CFC as Head of Innovation; Allianz Trade Appoints New CEO

This edition of International People Moves details appointments at SCOR UK, CFC Underwriting, and Allianz Trade. A summary of these new hires follows here. SCOR Taps AXA XL’s Guest as Head of Crisis Management SCOR announced the appointment of David …

CFC Launches Innovation Hub in London

CFC, the specialist managing general agent, announced the launch of a dedicated Innovation Hub. Located in new premises on Whittington Avenue in the City of London, CFC’s Innovation Hub will act as CFC’s research and development center supporting over 100 …

It Is Time for Insurers to Meet Needs of Tech Driven Businesses

To describe the past couple of years as tumultuous is something of an understatement. The global pandemic overlaid with hard market conditions in many insurance classes has kept many in our industry awake at night. The pandemic undoubtedly helped accelerate …