CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, today announced the further expansion of its rapidly growing transaction liability team with the appointment of Janine Fenwick as Transaction Liability Practice Leader – Asia Pacific.
Based in Melbourne, Janine will provide strategic leadership to the onshore transaction liability team that CFC has established since its acquisition of Solution Underwriting in April this year, and drive the development of CFC’s transaction liability business throughout Australia and the Asia-Pacific region.
Her appointment coincides with CFC increasing its line size in Australia to AUD 50m, enabling the team to underwrite a wider range of deals including more complex, higher value transactions.
Janine is a long-standing industry professional with extensive experience and technical knowledge in the Transaction Liability market, as well as having an impressive track record of building successful teams and insurance businesses. Angus Marshall, CFC’s Head of Transaction Liability
"While CFC has been writing transaction liability business in Australia since 2016, the acquisition of Solution Underwriting has accelerated our ability to offer local brokers onshore underwriters in local time zones, making it even easier to facilitate transactions. Her appointment together with our increased line size in Australia is demonstration of our commitment to delivering an even more responsive and personalised service to our broker partners across the region," continued Mr Marshall.
With over 15 years’ experience in the successful development, expansion, negotiation, underwriting and placement of M&A insurance solutions across the UK, Europe, Asia-Pacific and emerging markets, Janine joins CFC from Risk Capital Advisers where she was a director for 10 years. She has previously held executive roles overseeing transaction liability portfolios at businesses including Marsh and AIG.
Commenting on her new role at CFC, Janine said: “CFC has an unbelievable reputation for innovation and delivering best in class service and I’m hugely excited to become part of the team. The business has laid down an impressive plan to achieve its international growth ambitions, and I’m relishing the opportunity to work with my new colleagues to achieve our goals in the Australian and Asia-Pacific markets.”
Developing CFC’s transaction liability team on the ground in Australia represents a further step forward in the team’s global expansion following the establishment of local teams in North America and Europe.