CFC Underwriting
Scor extends Concirrus partnership; GRP makes fifth 2023 acquisition; Go Compare founder joins TCI
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
CFC's Holmes voices frustration with capital providers' nat cat 'opportunism'
CFC Underwriting’s chief underwriting officer Andy Holmes has voiced frustration with capital providers’ overlooking a “long-term opportunity in cyber” in favour of the natural catastrophe reinsurance market.
CFC moots independent body to identify and categorise ‘cyber hurricanes’
CFC Underwriting has proposed setting up an independent body to categorise the severity of cyber events, claiming it would enable insurers to tackle systemic risk and pave the way for a cyber catastrophe risk market.
Analysis: Lloyd’s latest cyber directive paves the way for a cyber cat market
Mandated exclusions for state-backed cyber-attacks in standalone cyber policies issued at Lloyd’s could pave the way for a separate market for cyber war and catastrophe risks, executives have predicted.
Bruce Carnegie-Brown: Brokers need to adapt to the digitalisation of the marketplace and spend time adding value
Brokers who are “embracing technology change will be hugely advantaged” in a changing industry which needs to adapt to make the market more efficient by “spending more of time on the value-added piece of the advice activities”.
CFC's Pat Brice on how customer service is too often forgotten as commercial and specialty providers digitalise
Pat Brice, distribution director at CFC Underwriting, says that although digitisation among commercial insurance providers is happening at a rapid pace, delivering a frictionless experience for brokers, customers too often fall by the wayside.
Analysis: What’s holding back the SME market from taking up cyber insurance?
Cyber insurance has quickly moved on from just being a nice-to-have to an essential product for many of the UK’s small and mid-sized enterprises.
Spotlight: Cyber - SME cyber – Size does not matter in cyber attacks
A serious misconception that cyber-criminals only target large organisations means that SMEs have been slower to adopt cyber insurance than large corporates. However, the surge in attacks on SMEs over the past two years is changing this view. Valerie…
Former Lloyd’s of London CEO Richard Ward joins CFC as non-exec chair
CFC has appointed former Lloyd’s of London CEO Richard Ward as non-executive chairman, subject to regulatory approval.
Aviva strikes five-year motor deal with Prestige; Aston Lark inks two more deals; Adiona partners with Duck Creek; and Corvus reveals London market buy
For the record: Post wraps up the major insurance deals, launches and investments of the week.
'Data arms race' to drive platform-traded future for commercial and specialty: CFC's Walsh
Structured data that recognises the particular niche an insured is operating in will be a key determiner in an “arms race” changing the way commercial lines products are traded, CFC Underwriting executives have told Post.
CFC’s Graeme Newman on data and winning in commercial
The winners in commercial lines will be those who triumph in the data-driven arms race to deliver the frictionless experience customers expect and better loss ratios through more informed underwriting, argues Graeme Newman, CEO of CFC.
Blog: Cyber’s new vista
CFC cyber claims director Roger Francis reflects on this year’s Microsoft Exchange Server hack.
EQT and Vitruvian invest in CFC
The reinvestment in CFC by private equity house Vitruvian Partners and new funds from EQT is not the starting gun for an acquisition spree, according to founder and group CEO David Walsh.
Intelligence: Product recall and labelling laws
Natasha’s Law has opened up a fresh range of risks for food businesses, while Brexit and Covid-19 have impacted product recall in other areas and ways. Post looks at what insurance cover is available for firms and what triggers they respond to
Best Insurance Employer 2021: CFC Underwriting (4* employer, large)
Post surveyed thousands of employees across the insurance sector and CFC Underwriting was voted a 4* employer in the large category.
All Clear acquires Insure & Go; Liberty supports WTW sustainability accreditation; PIB buys again; Zurich enters UK PMI market
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
UK General's Tim Smyth on why ‘know their stuff’ MGAs are thriving
Tim Smyth, CEO of UK General, explains why the next ten years could be a golden decade for the managing general agent sector.
Analysis: Cyber cover and the ransomware factor
Global cyber insurance pricing increased by 32% over the last year, research suggests, as insurers refine their approaches and some experts argue the full benefits of the cover are yet to materialise.
Graeme Newman named CFC CEO
Graeme Newman has been promoted to CFC CEO as Dave Walsh becomes group CEO.
Prince of Wales launches sustainable insurance task force; Aviva joins forces with WWF; Ford links up with By Miles; and LV reveals PI panel
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
EY: motor market to return to loss in 2021; Canopius unveils algorithmic MGA; Kitsune sold to XS Direct
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Biba conference website disrupted as trade body blames server issues
Delegates set to attend the British Insurance Brokers’ Association’s online annual conference have been unable to access the platform.
Direct Line and More Than launch telematics products; Easy Jet adds Covid-19 cover; Sedgwick sells UK subsidiary; and Shift becomes latest European insurtech unicorn
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk