CFC News

CFC Merges Medical Malpractice and Healthcare Teams to Build Critical Mass in London

CFC Underwriting, the managing general agent and emerging risk specialist, announced the creation of a single healthcare team in the London market, aiming to build “a healthcare powerhouse.” The move will see CFC’s UK and international experts in medical malpractice, …

MGA CFC Underwriting Launches Tool That Calculates Ransomware Costs

CFC Underwriting, the specialist managing general agent, has released a new tool designed to help customers understand the potential cost of a ransomware attack to their business. “Ransomware threats are one of the most serious cyber threats facing modern businesses. …

UK MGA CFC Underwriting Receives Major Investment From 2 Private Equity Firms

CFC Underwriting, the London-based specialist managing general agent, announced a major investment jointly led by EQT and Vitruvian Partners, two of Europe’s leading private equity firms. The size of the investment was not disclosed. Founded in 1999, CFC was one …

CFC Reps & Warranty Product Supports Transatlantic Mergers, Acquisitions

CFC has enhanced its transaction liability services with the launch of a product designed to support North American buyers purchasing a UK or European target business. CFC said its transatlantic suite of transaction liability insurance products bridges the gap between …

Specialist MGA CFC Acquires Australian Cyber Security Firm, Insane Technologies

CFC, a specialist managing general agent, announced it has acquired Insane Technologies, an Australian cyber security and incident response provider. Financial details of the transaction were not disclosed. The deal is subject to approval by the Australian Foreign Investment Board. …

CFC Enhances E&O Policy for Design, Construction Contractors

CFC has upgraded its errors and omissions policy for US-based design and construction contractors to include costs for steps taken by the contractor to mitigate against a potential claim where work was not rectified, and an extension for artisan contractors …

CFC Launches Transaction Liability Product for Portfolio Acquisitions

CFC has enhanced its transaction liability suite of products with launch of a new product designed for private equity firms and businesses pursuing a portfolio of add-on acquisitions for existing or newly acquired platform companies. According to CFC, smaller transactions, …

CFC Appoints Groeber as Executive Vice President in New York

CFC, a specialist insurance provider in emerging risk, has appointed Shannon Groeber to the newly created role of executive vice president. Working from CFC’s office in New York, Groeber will be responsible for leading the company’s cyber strategy for its …

Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer

CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data enrichment technology helps insurance companies better understand their customers’ exposures by compiling readily-available information …

CFC Acquires Cyber Incident Response Provider, Solis Security, in Austin

CFC, a UK-based specialist insurance provider and pioneer in emerging risk, has expanded its in-house cyber incident response capabilities with the acquisition of Solis Security, an incident response provider headquartered in Austin, Texas. CFC said its in-house cyber claims and …