CFC is proud to announce that Her Majesty The Queen has approved the Prime Minister’s recommendation that CFC should receive a Queen’s Award for Enterprise in the International Trade category.
Winners in this category are recognised for having demonstrated a substantial and sustained increase in export earnings over three consecutive 12-month periods, to a level which is outstanding for the products and services concerned, and for the size of the organisation.
With a track record of pioneering emerging risks and disrupting inefficient insurance markets, CFC has grown to become one of the fastest growing specialist insurance providers in the UK. From just one office in the City of London, the business provides its range of insurance products exclusively through authorised insurance brokers in over 75 countries around the world.
CFC was previously awarded a Queen’s Award for Enterprise in International Trade in 2013.
“Speaking on behalf of the entire team, we are incredibly honoured to once again be recognised by Her Majesty The Queen for our contribution to UK business in achieving substantial growth in overseas earnings,” says David Walsh, CFC’s founder and CEO. “We are an insurance exporter in the truest sense of the word. We don’t set up local operations or buy up the competition, we export. Last year we brought in over £150m in premiums to the UK from overseas customers who would normally have purchased their insurance locally.”
“At CFC, we are very proud that today 60% of our business is owned by management and staff. Our success lies in their passion, entrepreneurialism, dedication and sheer hard work to deliver remarkable products and service. This award recognises their efforts. I couldn’t be more proud of them and firmly believe that by continuing to support these qualities in our team, we will achieve our business goals.”
The Queen’s Awards for Enterprise have been operating in various forms since 1966, developing over the years into the UK’s most prestigious business accolade. Today, the Awards are widely recognised as a highly valued mark of excellence across many sectors in a diverse and competitive business market.
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 of our cyber incident response app was voted the Cyber Risk Innovation of the Year. Topping the evening off, CFC was named Cyber Risk Insurer of the Year.
CFC CEO David Walsh says: “There aren’t enough words to express the pride I feel in the recognition bestowed on our business by our peers and colleagues in the cyber insurance industry. The fact that Advisen’s Cyber Risk Awards are nominated and voted for by thousands of insurance professionals around the world makes the achievements of our entire cyber team all the more special.
“We’re passionate about this class of insurance and these awards will spur the team on to push the boundaries further as we seek to drive innovation in this rapidly changing and challenging sector of the market.”
All good things come in threes. This week, it was announced that CFC has been nominated for three Advisen Cyber Risk Awards, including Best Cyber Risk Insurer and Cyber Risk Innovation of the Year. The awards dinner is on the 15th of June in New York City, and with your support we hope to receive a few nods on the night. If you’d like to show us some love and support our nominations, then please visit the Advisen Cyber Risk Awards website and cast your ballot by 20 May.
Thank you for your support!
CFC is so pleased to announce that it’s been voted Underwriting Team of the Year at the prestigious Insurance Day London Market Awards. This follows 2010’s British Insurance Award for Underwriter of the Year.
Managing Director, David Walsh collected the award on the night. He commented: “I’m very proud to accept this award on behalf of everyone at CFC. We don’t do what we do to win awards, we do it because we strive for the best for our brokers and their clients, but it’s humbling to receive this recognition from the heart of the London market insurance establishment. We’re delighted.”
In considering this award, the notable panel of judges were looking for the company that had achieved what was in their words the ‘remarkably difficult task’ of delivering great service for brokers, ground breaking products and strong growth. CFC ticked all the boxes.
The award was presented on 1st December 2011 at London’s Grosvenor Hotel in a glittering ceremony to mark the tenth year of this most prestigious and hotly contested event.