All CFC articles – Page 3
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News AnalysisThe Big Question November 2023: What is the strangest misconception you’ve heard about insurance?
Seven industry leaders discuss the likes of broker role misunderstandings, the outlook from younger people and innovation over reputation
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NewsRansomware attacks changing ‘quite dramatically’ amid ‘massive uptick’ of cases
’The malware started to drop away, so it’s just cyber extortion,’ says chief executive
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NewsCFC set to launch cyber monitoring centre in 2024
’The need to properly address systemic cyber risk has become more pressing than ever,’ says head of cyber strategy
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NewsCFC names ‘biggest obstacle’ for UK brokers selling cyber cover
’Strong IT security measures don’t negate the value of cyber insurance,’ says cyber product lead
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NewsCFC expands Ireland distribution team to bolster broker relationships
’I’m looking forward to working closely with our Irish broker partners,’ says new appointee
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News AnalysisBriefing: Financial lines brokers must watch out for increased scrutiny of ‘finfluencers’
Brokers’ experience of compliance with Consumer Duty makes them well-placed to advise financial clients on the risks of not complying with upcoming regulations
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NewsGraeme Newman: ‘Enormous opportunity to be had by leveraging technology’
’CFC has put technology at the heart of our business since day one,’ says chief executive
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NewsCFC launches new innovation facility
Head of innovation says move comes as ’insurance sector struggles to track the shift from physical to intangible assets’
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News AnalysisThe Big Question July/August 2023: What will the future state of play look like between insurance and AI?
Seven industry leaders discuss the current status quo, alongside an array of upcoming opportunities
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News AnalysisBriefing: Has Lloyd’s really banned underwriters from insuring state-backed cyber attacks?
Attribution, degree of damage and the insured’s ability to bounce back are all challenges that cyber insurers must continue to wrestle with
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FeaturesBackchat May 2023
The Titanic sinking giving rise to regulatory changes, remembering fallen soldiers, fund raising and high flying client executives at high net worth brokers, what has the insurance industry been up to of late? You heard it here first….
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News AnalysisThe Big Question May 2023: What emerging risks should insurance firms watch out for in 2023?
With emerging risks comes opportunity. Six industry leaders share their thoughts on emerging risks with Insurance Times
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News AnalysisThe Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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NewsBiba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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NewsRisk managers note concerns over sensitive data stored by cyber insurers
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however
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NewsProperty and cyber markets must get on same page to prevent cover ‘gap’ for cyber-related physical losses
Confusion around cyber exclusions may have stemmed from Lloyd’s clampdown on clearly defining physical and intangible risks
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NewsUK government scheme Cyber Essentials insurance is ‘appalling’ for SMEs
The National Cyber Security Centre’s initiative demonstrates both opportunities and obstacles for clients, say insurance industry leaders
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News AnalysisBriefing: Commercial brokers must build cyber cover confidence to avoid ‘lazy broking’
Are brokers sufficiently equipped to have well informed cyber insurance discussions with clients or are they ‘doing a very poor job on the whole’?
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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NewsCFC creates dedicated fintech team
CFC has witnessed the volume of submissions from fintechs increase by more than 100% year-on-year over the past couple of years
