Specialist lines underwriting agency CFC today announced the arrival of Kate Lyes as Senior Management Liability Underwriter in an effort to push expansion in the division.
While management liability has historically formed part of the modular policy which CFC offers, Ms Lyes has been appointed to lead the divisions expansion in the face of growing emerging risks.
Lyes’ most recent post was London Manager of Executive Protection at Chubb Insurance. She will be responsible for defininf CFC’s management liability strategy and underwriting approach whilst also creating a suite of tailored products for specific industry verticals.
Andrew Holmes, Underwriting Director at CFC, commented “Management liability policies are highly complex. It is critical that brokers work with a partner that will consult with clients to truly understand the individual nuances of their business and potential exposures.
“All of our policies are written with an in depth understanding of client needs and in order to achieve this we must employ the best people in the market.
“Kate is a true talent and her appointment highlights our commitment to developing our management liability offering.
“CFC is well known for its specialist approach and we will apply the same level of expertise to this area as we do with all our products.”
Kate Lyes added, “I am delighted to be joining the team at CFC. The increasing demand for innovation in the management liability arena presents a real opportunity for us to take a market leading position.
“I am thrilled by the prospect of working with true innovators in the underwriting market.”