4 July 2016 Insurance

CFC names head of incident response

CFC, a specialist underwriting agency, has appointed Anthony Hess as head of incident response.

Hess will be responsible for managing CFC’s global cyber incident response team, which consists of an internal claims team based in London complemented by a panel of providers. He will also focus on building additional cyber security service capability aligned to CFC’s range of cyber products.

Hess has nearly 20 years of experience in technology, having most recently served as senior manager of KPMG’s cyber practice. In this role he developed and led an EMEA-wide security assessment and cyber incident response service.

Prior to this, he served as enterprise architecture operations manager at Raytheon.

Graeme Newman, chief innovation officer at CFC, said: “Cyber is the DNA of our business. We insure over 15,000 companies in a variety of industries located in over 20 countries around the world. We are now receiving a new cyber claim every day and see this new role as key to expanding our cyber infrastructure.

“We are committed to delivering an exceptional claims service which provides our clients with effective and efficient response, and that’s why we’ve brought this function in-house. We want to be a global leader in the provision of cyber solutions and we will continue to invest in our team, service and systems to achieve this goal.”

Hess added: “CFC has led the way in not only developing cyber insurance solutions that are fit for purpose, but also in adopting a holistic approach. It means policyholders can access the expertise and tools they need to create complete and bespoke solutions from risk management through to loss mitigation.

“I am excited to become part of this passionate team and look forward to working with everyone to further enhance our cyber proposition and set the benchmark for others.”

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