CFC announces departure of Dan Trueman

CFC has today announced the departure of our Chief Underwriting Officer, Dan Trueman.

CFC Group News 3 min Thu, Feb 13, 2025

CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, today announces the departure of our Chief Underwriting Officer, Dan Trueman.

Having undertaken a strategic review of our structure, ensuring CFC is positioned for our next exciting stage of global growth, we have decided to reshape the CUO role. As a result, we are sad to share that Dan Trueman will be leaving the business.

CFC is extremely grateful for Dan’s leadership during a key period of change at CFC. He joined the business when it was in a state of flux and has shown unwavering energy, dedication, market knowledge and product insight over the last year. He has been instrumental in reviewing our cyber offering, with a key product launch due in Q2 under the global leadership of James Burns. Dan has also supported the development of CFC’s home-grown talent, evidenced in the further recent promotions of Tim Boyce to Deputy CUO and Michael Brunero to Interim US MD. Dan has always been a great supporter of CFC, both in his previous roles and most recently in the organisation and we look forward to working with him in the future as he takes on his next challenge.

The responsibilities of the CUO role will be split out across CFC’s senior underwriting leadership. We have great confidence in this bench of leaders who will step up to drive CFC’s ambitious growth plans in 2025 and beyond.

Quote from Dan Trueman "I feel very proud of what we’ve managed to achieve since I joined CFC, including multiple product launches, continuing to enhance the value proposition to our clients and carriers, and supporting the development and succession of CFC's Underwriting leaders and their teams. It’s been a privilege to work with such talented and dedicated people, and to be part of the CFC journey”.

Quote from Louise O’Shea, Group CEO “We are very grateful to Dan for the stability, leadership and deep market insight he has provided throughout his time here, as well as his flexibility, as the role evolved significantly during an intense period of change for CFC. He has been dedicated to delivering fair value for our clients, improving our product mix and supporting our efforts to remain at the forefront of the emerging risk landscape. He will be missed and we look forward to working with him in the future.”