The Source for Cyber Insurance News, Insights and Data
New Cyber Insurance Product Offers Uncapped Coverage and Proactive Services CFC has launched a new cybersecurity insurance product dubbed Cyber Proactive Response (CPR). It’s designed for businesses with up to €250 million in revenue. In announcing the news, CFC stated that the product includes two industry firsts, removes six exclusions, and features 30 new coverage … Read more
CFC has announced the departure of Chief Underwriting Officer (CUO) Dan Trueman as part of a leadership restructuring. CFC Restructures Underwriting Leadership as Trueman Exits The specialist insurance provider conducted a strategic review and decided to reshape the CUO role to align with its global growth plans. As a result, Trueman is leaving the company. … Read more
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