Advertisements

CFC Rebrands Solution Underwriting and Expands in Australia

by Celia

CFC, a specialist in insurance, has officially rebranded Australian underwriting agency Solution Underwriting, following its acquisition in April 2024.

The rebranding marks a significant step in CFC’s expansion strategy, with the company now operating fully under the CFC brand. Prior to the acquisition, Solution Underwriting focused on financial lines insurance. Since then, CFC has broadened its Australian operations, introducing new local capabilities in cyber and transaction liability insurance.

Advertisements

Looking ahead, CFC plans to further grow its presence in Australia by expanding into areas such as management liability, technology, media, and intellectual property insurance.

Advertisements
Advertisements

Anita Lane, managing director at CFC, explained that the transition would allow the company to introduce new products while offering brokers access to market-leading insurance services. Lane also noted that CFC’s established partner network would benefit from the expertise Solution Underwriting brought in financial lines.

CFC’s presence in Australia has grown to more than 100 staff members across five offices in four states, with teams located in Brisbane, Melbourne, Perth, and Sydney. These teams support brokers across eight business lines, including cyber, and also manage a proactive cyber security team based on the Gold Coast.

Related topics

Advertisements

You may also like

blank

Bedgut is a comprehensive insurance portal. The main columns include commercial insurance, auto insurance, health insurance, home insurance, travel insurance, other insurance, insurance knowledge, insurance news, etc.

[Contact us: [email protected]]

© 2023 Copyright  bedgut.com