16 October 2014 Insurance

CFC boosts IP team with Liberty hire

Specialist lines underwriting agency CFC has appointed Matthew Muggeridge as an underwriter in the intellectual property (IP) team.

Muggeridge joins CFC from Liberty Specialty Markets where he held the position of underwriting assistant within its strategic assets department.

In his new role, Muggeridge will work alongside Erik Alsegard, IP practice leader, and the CFC IP team to drive forward the development and growth of CFC’s recently launched IP product.

Alsegard said: “All business sectors now face increased competition where intellectual property is seen as a key competitive advantage, and this means that the associated risks are increasing. Our IP product is tackling these issues head on and has made a big impact in the market, but we are driven to achieve more.

“Matt’s knowledge of the IP needs of businesses around the globe, US IP law and insight into emerging IP risks will be invaluable in helping us achieve our ambitions. He is a great fit for our team, all of whom are selected based on their ability to innovate and deliver fresh ideas to specialist insurance markets.”

Muggeridge added: “CFC offers me a new and exciting challenge. I look forward to building on the experience I have already gained at Liberty, and to working alongside Erik and the rest of the CFC team. CFC’s IP product is an example of true innovation in a highly complex and competitive market and I could not be more thrilled to be part of it.”

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