16th February, 2004
CFC Underwriting doubles capacity for 2004
Specialist Lloyd's underwriting agency, CFC Underwriting, today announced that it has doubled its Lloyd's capacity for 2004 from £12 million to £25 million.
CFC now underwrites on behalf of 12 Lloyd's syndicates including Beazley, Kiln, Amlin, SVB and Heritage.
David Walsh, Managing Director of CFC, comments, "The increased support from these leading syndicates represents a tremendous vote of confidence in CFC's underwriting focus and high quality service offering. Following the recruitment of Andy Holmes and Jonathan Swann last year and this increase in our capacity, we intend to make significant headway in the expansion of our niche lines of business in 2004 while continuing to grow our e-risk portfolio."
With a network of intermediaries in over 20 countries around the world, CFC underwrites niche products for the UK, European, North American and Australasian markets.
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