What is the story about?
What's Happening?
CFC, a global insurance provider with U.S. headquarters in New York City, has formed a new U.S.-based cyber development team. John Keebler has been appointed as the national cyber development leader, USA, based in Chicago, Illinois. Keebler will oversee strategic cyber initiatives, working closely with CFC's U.S. and London cyber underwriting and distribution teams. His role includes helping broker partners generate profitable income streams from new cyber insurance buyers and maintaining key broker relationships. Morgan Justice joins as the cyber development manager for the Western region, USA, based in the eastern San Francisco Bay Area, California. Justice will focus on driving new broker relationships and growing cyber portfolios in the western region.
Why It's Important?
The establishment of a dedicated cyber development team by CFC highlights the growing importance of cyber insurance in the U.S. market. With cyber threats becoming increasingly sophisticated, businesses are seeking comprehensive insurance solutions to mitigate risks. Keebler and Justice's appointments are strategic moves to enhance CFC's capabilities in providing tailored cyber insurance products. This development is likely to benefit brokers and clients by offering innovative solutions and fostering stronger partnerships. As cyber insurance becomes a critical component of risk management strategies, CFC's focus on expanding its cyber portfolio positions it as a leader in the industry.
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