The Source for Cyber Insurance News, Insights and Data
Global insurance provider CFC has promoted two senior leaders to unify its cyber and proactive security teams worldwide. James Burns Named Global Head of Cyber Insurance CFC has promoted James Burns to Global Head of Cyber, a newly created role. Burns, who has been with CFC for 12 years, has led the company’s cyber strategy … Read more
CFC has added property damage coverage to its $30 million large line size cyber insurance product. The expansion addresses growing cyber risks affecting physical assets in industries like manufacturing and energy. New Coverage Addresses Cyber-Related Property Damage CFC’s updated cyber policy now includes physical property damage caused by cyber events. The addition fills a coverage … Read more
Michael Lewis will join CFC in January 2025 as Cyber Development Manager. This appointment strengthens CFC’s cyber team in Australia. He spent two years at Emergence Insurance as a business development underwriter. He will operate from CFC’s office in Melbourne. Lewis’s role is CFC’s first dedicated cyber business development position in Australia. His focus will … Read more
CFC has launched an insurance solution tailored for mid-size to multinational tech companies. Targeting businesses with over $250 million in revenue, the offering provides tech and cyber risks coverage. “The global value of intangible assets has reached almost $80 trillion, driven by innovations like AI and the increasing importance of technology in everyday life,” said … Read more
CFC has launched a dedicated European corporate cyber team to expand its cyber insurance services across Europe. The specialist insurer appointed Ilaria Silvato, former international underwriting manager for cyber risks at Beazley, to lead this team and drive its growth. Silvato, with 13 years in the insurance industry, brings extensive knowledge of the insurance cycle … Read more