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News June 30, 2020

CFC continues as BIBA cyber scheme provider

We're proud that the British Insurance Brokers' Association (BIBA) has renewed their cyber insurance scheme with us.

We're happy to announce that we will continue to support BIBA and its members as their cyber insurance scheme provider. The scheme allows BIBA members to easily access broad, innovative cover to protect businesses of all sizes and in nearly all industries against growing threats such as cybercrime, business interruption and privacy events.

Having partnered with BIBA in this area since 2004, we're proud of the great reception this scheme has gotten among members. It was exactly UK brokers' excitement in the product that inspired the Cyber Guide, a joint CFC-BIBA effort which was circulated to all members in 2018 and is still highly popular today.

Read BIBA's press release

Of the renewal, Pat Brice, Distribution Director at CFC, said, “Cyber insurance has never been more relevant and important for UK businesses, and we’re committed to making it simple and accessible for our broker partners. We’re absolutely delighted to extend our successful partnership with BIBA.”

CFC also renewed it's product recall scheme with BIBA in December 2019, which protects businesses – from food and beverage companies to nutraceutical developers – against the negative impact of a product recall, whether caused by manufacturer error, a product safety issue, and more. 

To read more about the BIBA Cyber Scheme, visit their website