CFC Underwriting
Cyber criminals increasingly moving from privacy breaches to extortion
Increasingly sophisticated malware and ransomware attacks are rising to the top of the cyber threat list, with industry cyber experts predicting a surge in ransomware incidents in 2016.
CFC hires Matt Taylor to head emerging risks business
CFC has hired Matt Taylor as its head of emerging risks, as the underwriting agency continues the growth of the business.
Product Liability Food: Leaving a nasty taste
There are many toxic risks when it comes to food manufacture, with the recent Mars chocolate recall prompting businesses to assess their exposure
Intellectual Property: Protecting bright ideas
It is a sad fact that most businesses only appreciate the value of intellectual property insurance once it is too late. So why is it vital?
UK cyber market to resemble US amid tougher EU penalty regime
The UK insurance market is expected to increasingly follow its US counterpart as incoming EU legislation substantially toughens up penalties for data breaches.
Market Moves - 28 January 2016
All the latest movers and shakers in the industry.
Catlin and former Home Secretary back 'Cyber Re' idea
Insurer boss Stephen Catlin and former Home Secretary Lord David Blunkett have both expressed support for the idea of a government-backed reinsurance scheme for cyber crime.
Market Moves - 12 November 2015
All the latest movers and shakers in the insurance industry.
CFC expands healthcare offering with medical malpractice account
Lloyd's managing general agent CFC is to enter the medical malpractice market and has poached two people from WR Berkley to run the account.
CFC to offer clients free Cyber Essentials
Specialist lines underwriting agency CFC will provide its clients with free Cyber Essentials certification through its newly launched cyber portal.
CFC launches global cyber risk portal
CFC has extended its cyber product suite with the launch of an online hub, which it claims enables brokers to deliver an end-to-end solution to their clients.
Pool Re boss raises prospect of separate cyber reinsurance scheme
Funds for a potential public-private reinsurance scheme for cyber catastrophes should not be mingled with Pool Re, however, the remit of the terrorism fund's management team could be extended to operate a separate cyber initiative.
CFC partners with security ratings firm Bit Sight
Specialist lines underwriting agency CFC has formed a partnership with cyber security ratings agency, Bit Sight Technologies.
Market Moves - 12 March 2015
All the latest job moves in the insurance market.
CFC launches new piracy cover with quote-and-buy portal
CFC Underwriting has launched a new marine piracy product, designed to streamline the quoting and buying process.
Ex-Gallagher colleagues launch e-trading MGA Modus
A new managing general agent set up by three former Arthur J Gallagher colleagues focused on e-trading has opened for business.
Global interest in cyber boosts CFC Underwriting profit by 30%
Cyber specialist managing general agent CFC Underwriting has grown its operating profit 31% and profit before tax 30% according to its latest financial statement for the year ended 30 September 2014 filed with Companies House.
Pool Re-style cyber terrorism facility could stimulate the market for insurance
Cyber insurance concept raised at CFC Cyber Symposium
Government open to concept of cyber risk pool
Cabinet Office minister Francis Maude MP has not ruled out the possibility of a Pool Re-type arrangement to cover cyber crime risk.
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
Market Moves - 16 October 2014
All the latest job moves in the insurance market.
JLT looks to CFC for facilities boss
CFC commercial director Neill Cotton has joined JLT Re in London as facilities division head.
Market Moves - 9 October 2014
All the latest job moves in the insurance market.
Sharing Society: A problem shared
The sharing economy has seen enormous growth in recent years but it still poses many challenges for the insurance industry – not least in terms of the vast array of risks the sector poses