CFC
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The combined ratio improved by 3.2 points, from 80.9% in 2023 to 77.7% in 2024. -
CUO responsibilities will now be split out across senior underwriting leadership.
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Jason Hart, head of proactive cyber, was also promoted to managing director.
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Insurers should reform underlying data before using AI, according to experts.
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CFC developed and employed the lenders carbon-credit insurance policy with Standard Chartered Bank.
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Holmes said that CFC is rewriting policies for micro and startup businesses with “as few exclusions as regulators will tolerate”.
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Corbett is a founder and strategic adviser at McGill and Partners, and Joseph is a partner with Vario Partners.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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The hard market has not burst the MGA bubble – and now interest is on the rise again.
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O’Shea outlined growth ambitions and managing leadership transitions at the MGA in a wide-ranging interview.
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The MGA has seen a “significant uptick” in dealmaking in the sector.
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CFC noted that growth moderated amid increased competition in cyber.
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