Tag Archives: press release

CFC wins three gongs at the 2017 Advisen Cyber Risk Awards

We are incredibly proud to announce that CFC Underwriting was voted the winner in three categories at the 2017 Cyber Risk Awards presented by Advisen in New York on Wednesday, 14 June. Our very own Graeme Newman was voted Cyber Risk Industry Person of the Year (London) while the introduction… Read more »

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We’ve partnered with leading kidnap response consultant, EOS Risk

EOS Risk will join red24 and S-RM on CFC’s panel of experienced security companies specialising in global kidnap and extortion incidents. K&R Team Leader at CFC, Mark Baker, says: “Highly skilled, swift response is of the utmost importance if something does go wrong in this area of insurance. Our cover… Read more »

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Half of UK SMEs claim their broker fails to discuss cyber

Our new research revealed that over a half of UK based SMEs (50.8%) say that their insurance broker has not raised the issue of cyber insurance with them. Graeme Newman, Chief Innovation Officer at CFC, said: “This figure is quite shocking particularly when you put some context around it. 90%… Read more »

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CFC to host Fringe event at BIBA 2017

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As the provider of BIBA’s cyber and product recall schemes, we are pleased to be hosting our first-ever fringe event at this year’s conference in Manchester. The event will take place between 13.15 and 14.00 on Wednesday 10 May. To register to attend simply click on this link: https://www.biba2017.co.uk/the-fringe/wednesday-session-1. Places… Read more »

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CFC launches revamped cyber proposition

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Today we are pleased to announce the launch of our revamped cyber insurance product. In what represents a significant upgrade to our existing cyber proposition, the new look product provides a number of innovative cover elements to protect policyholders against the emerging threats of the digital age. This includes the… Read more »

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CFC team acquires business with support of Vitruvian

CFC, the largest independent Managing General Agent (MGA) in the UK, today announced that its Founder and Chief Executive David Walsh and the rest of the management team have agreed to acquire the business with support of leading international growth capital investor, Vitruvian Partners. The investment from Vitruvian will enable… Read more »

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CFC increases limits on transaction liability products

Today, we’re happy to announce that we have increased the available limits of our transaction liability insurance product suite across all territories. We now have the capacity to offer limits up to $50m in North America, £30 million in the UK, €35 million in Euro zone countries and AU$50m in… Read more »

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CFC introduces new Cyber Incident Response app

When an incident occurs, the key to successfully managing the situation is acting fast and getting the right support at the right time. Policy documents are often filed away for the records, not daily use or reference, and finding the correct phone number to report an incident can be a… Read more »

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CFC launches medical malpractice

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We are pleased to announce today that we are expanding our presence in the UK medical malpractice insurance market with the launch of a new product offering. Bringing much needed capacity to the market and backed 100% by a consortium of Lloyd’s syndicates, our new product is a flexible package… Read more »

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CFC launches product recall scheme for BIBA members

Having been the approved cyber insurance scheme provider for over a decade, we’re pleased to announce the launch of our new product recall scheme for members of the British Insurance Brokers’ Association (BIBA). Product recall is a crisis management tool for companies wanting to ensure business continuity in recall and… Read more »

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