CFC’s transaction liability team wins for Specialist Coverage at Commercial Insurance Awards 2019
CFC has been recognized for exceptional transaction liability cover and expert team
London – 12 March 2019 – CFC, a specialist insurance provider and pioneer in emerging risk, today announced that its Transaction Liability team has won the Specialist Coverage award at the 2019 Commercial Insurance Awards.
The Commercial Insurance Awards are designed to showcase the best in business insurance, and the Specialist Coverage category recognizes providers who excel in difficult commercial insurance areas where expert knowledge is essential to building a tailored solution.
CFC’s transaction liability products, also known as representations and warranties insurance, act as a deal facilitation tool by covering the financial loss of unintentional or unknown breaches of the representations or warranties in an acquisition or merger agreement. It is available for both buyers and sellers.
In just two short years, CFC’s Transaction Liability team has become one of the top five underwriters of transaction liability insurance in the US, and is the only transaction liability underwriting team writing lead primary mainland US risks out of London.
Made up of former M&A attorneys, investment bankers and chartered accountants, CFC’s transaction liability team focuses on the small-to-midsize US deal market and has developed a bespoke technical modelling methodology that enables them to consistently write large volumes of transaction liability risks.
Read more about CFC’s Transaction Liability products and team.