Author Archives: cfcunderwriting

Beware the data breach bear trap

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Over the course of 2018, we have seen numerous pieces of data breach legislation come into force. Back in February, the Australian government enacted the Notifiable Data Breaches Act. In May, we saw the introduction of the EU’s General Data Protection Regulation (GDPR). In June, Alabama’s Data Breach Notification Act… Read more »

The risky business behind live events

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The world of live events has changed — much for the better, but dangers still lurk. By Denny Jacob for Property Casualty 360 In the U.S., the world’s largest market for live events, revenue from events of all types are expected to show an annual growth rate of 8.8%, resulting in… Read more »

Spot Market Purchase Causes Supply Chain Problems

Manufacturers often have a complicated production process involving multiple materials and components incorporated into a finished product. Further issues can arise where the manufacturer’s product is a small component, part of a far more complex product. Product quality, supply issues, production breakdown and human errors can all cause complications in a supply chain…. Read more »

Business interrupted: Part one

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Today, business interruption in cyber insurance policies is back in a big way. To explore this growing risk, we’re running a three-part blog series on the subject exploring the many ways in which BI cover is essential for modern businesses, and key things brokers and clients should look out for…. Read more »

Cyber claims case study: Software shutdown

This month’s cyber insurance claims case study tells the story of a property management company that fell victim to a ransomware attack, putting an end to their primary software system. Fortunately, their CFC cyber insurance policy helped to cover the costs of implementing a new software system, including large-scale data… Read more »

CFC wins four at the Cyber Rankings Awards

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Last week, CFC attended the second annual Insurance Insider Cyber Rankings Awards in London. Based off the results of the publication’s Cyber Rankings Survey, these awards recognise the achievements of the market’s rising stars, most skilled practitioners, and most highly regarded companies. We’re proud to announce that CFC won in… Read more »


Social engineering involves the use of deception to manipulate individuals into carrying out a particular act, such as transferring money, handing over confidential information or clicking on a malicious link, and it’s causing serious financial harm to businesses all around the world. According to the FBI, between October 2013 and… Read more »

Top Risks Facing Financial Institutions

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Financial institutions have changed significantly over the last decade – from utilizing technology in new ways to stay competitive and drive efficiencies, to adapting business practices in light of the global financial crisis and recent narrow interest margin markets. As these businesses evolve, they’re faced with a new range of… Read more »