Author Archives: cfcunderwriting

CYBER CLAIMS CASE STUDY: QUICK FIX COMPLICATION

This month’s cyber claims case study is “Quick Fix Complication.” This tells the story of a US-based healthcare service provider that fell victim to a ransomware attack. Thanks to CFC’s in-house incident response team, the healthcare service provider managed to avoid a costly notification to their entire patient population and… Read more »

Cyber Insurance Guide

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As we become increasingly reliant on technology, the potential impact of cyber-related incidents continues to grow. Yet the cyber insurance market is relatively new in comparison with other lines of cover. This straightforward guide explains how cyber risk and insurance has evolved and how a good cyber policy addresses these modern exposures. “Cyber” is one… Read more »

Healthcare in Transit

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As the elderly population in the US continues to grow, so too does the necessity for non-emergency medical transportation services to cater to this demographic in both urban and rural areas nationwide. The transportation services provided by these companies are vital to the accessibility of routine healthcare services and survival… Read more »

California Consumer Privacy Act of 2018

At the end of June, California state legislators passed the California Consumer Privacy Act of 2018. Coming in to effect on January 1st 2020, the act is set to bring in a number of data protection requirements and new consumer rights similar to those enacted by the EU’s General Data… Read more »

Insurance and the digital health revolution

Timothy Boyce, US Healthcare Team Leader, CFC Healthcare is about to change beyond recognition. A host of technologies are uniting to transform the way we treat patients and develop cures – from artificial intelligence to remote patient monitoring and interactive telemedicine services.   According to Rock Health, $1.6bn of funding… Read more »

Is this the perfect modern-age insurance model?

by Bethan Moorcraft 06 Jul 2018 In the heart of London’s historic insurance district and nestled in the shade of the iconic Lloyd’s building lies the office of CFC Underwriting – a bright and busy space home to more than 200 staff selling commercial insurance products to thousands of businesses… Read more »

Cyber Claims Case Study: Beyond the breach – hospital faces huge operational disruption

Healthcare providers, like any business, are exposed to a range of cyber exposures, including malware attacks, which can have a devastating impact on their operations, especially in relation to system damage and business interruption costs. In this month’s cyber claims case study we have reviewed a malware attack at a small hospital and how our policy… Read more »

CFC’s dedicated policy for nutraceutical companies

Interest in health and nutrition-related products is on the rise, making nutraceuticals an exciting and emerging industry.  In fact, experts believe that by 2021, the nutraceutical industry alone will be worth $279bn.* An aging baby boomer generation combined with rising awareness about the benefits of a healthy lifestyle, especially among millennials, is driving this growth…. Read more »

Your top GDPR questions, answered

With GDPR now in force, we’ve addressed your most pressing questions to help you and your clients understand the complexities of the regulation. GDPR was enforced on 25th May 2018. To ensure compliance, any company involved with the collection of personal data needs to make significant changes to the way they collect, process or… Read more »