Holmes has served the business as Chief Underwriting Officer for the past 20 years, and has been succeeded in the role by the recent appointment of Dan Trueman.
Andy is quite simply an outstanding leader and the driving force behind the underwriting success that CFC has achieved over the past 20 years Louise O'Shea, Group Chief Executive
“He has excellent knowledge and deep understanding of our business model, the markets in which we operate and the partners who we are privileged to work with. I am extremely pleased to be working alongside him taking this exceptional business into the future.”
Commenting on his new role, Holmes said: “It is a privilege to continue serving CFC as its new CEO. We are embarking on an exciting new chapter in our history and have set ourselves some ambitious targets. We’re proud to have the best people, the best technology and the best innovative minds in the insurance market, and working together we will achieve our goals.”
A global insurance business with sophisticated capabilities spanning underwriting and claims, technology and innovation, cyber security and incident response and more, CFC was one of the first in the market to offer cyber insurance. The business has expanded to offer more than 50 products across 20 different classes of insurance with a particular focus on emerging risks for SME businesses brought on by the intersection of technology and industry.
* This appointment is subject to FCA approval.