CFC Report January 2025 | Page 7

CFC

“ We never see one risk that ’ s exactly the same as another . And on any given day , you could face something completely groundbreaking ”

STEVE BOWERS , FINTECH DEVELOPMENT MANAGER , CFC
The evolution of CFC CFC ’ s development in the insurance industry demonstrates its ability to straddle these challenges . The company initially focused on cyber coverage at the start of the millennium , an early specialisation that has provided CFC with substantial data and expertise in cyber risks .
“ Cyber coverage is our calling card ,” Steve states . “ But we ’ re not ones to rest on our laurels . We ’ ve branched out into other emerging areas – technology , intellectual property , digital healthcare and , of course , fintech . It ’ s all about staying ahead of the curve .”
CFC ’ s objective remains staying at the peak of innovation . Through developing customised solutions for specific client needs , it has accumulated approximately 150,000 business policyholders globally . These clients represent various sectors , each presenting distinct risk profiles .
The firm ’ s services extend beyond policy provision . CFC maintains an in-house cyber security and incident response team , providing 24-hour support to policyholders . Its preventative approach includes vulnerability scanning and dark web monitoring to identify potential issues before they escalate into claims . cfc . com 7