Current CUO has been revealed as the new CEO
CFC has announced the appointment of Dan Trueman (pictured above) as its new chief underwriting officer (CUO).
As per LinkedIn, this role followed his time at Lloyd’s carrier Novae, where he was chief innovation officer prior to its 2017 acquisition by Axis.
“I am thrilled to be joining CFC and to work with such an exciting leadership team,” Trueman said. “It is recognised as a leading speciality underwriting business that’s consistently responding to the changing risk climate through its innovative products and approach. As well-respected pioneers in emerging risk, I’m also looking forward to collaborating with CFC’s experienced and talented teams as we continue its impressive growth journey.”
Concurrently, the current CUO, Andy Holmes, is set to take on the role of chief executive officer.
“Dan’s expertise in innovation will add huge value to our business going forward. Innovation is in our DNA and runs through every class of business and every product we write. I have no doubt that he will play a pivotal role in helping CFC identify new niche areas where we can add value and work with our underwriters to ensure we write profitable and sustainable business. Dan has also been a key figure in cyber for many years and his experience in this sector will clearly prove invaluable given our position as one of the world’s leading cyber markets,” Holmes said.
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