Specialist insurance provider CFC has appointed Janine Fenwick as transaction liability practice leader for the Asia-Pacific region.
This move aims to expand the company’s capabilities in Australia following its acquisition of Solution Underwriting earlier this year.
Fenwick (pictured) will be based in Melbourne, where she will oversee CFC’s regional transaction liability operations and work to expand its presence across Australia and the broader Asia-Pacific market.
Reflecting on her new position, Fenwick said she aims to help the team achieve its goals in the Australian and Asia-Pacific markets.
“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,” she said.
Angus Marshall, CFC’s head of transaction liability, welcomed Fenwick to the team, highlighting her background.
“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,” he said.
In conjunction with this appointment, CFC has increased its available transaction liability capacity in Australia to 50 million.
This expanded capacity allows the company to underwrite a wider variety of deals, including those with higher values and greater complexity.
Marshall said the company enhanced its ability to provide local brokers with access to onshore underwriters since acquiring Solution Underwriting, improving transaction support across the region.
“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,” he said.
This expansion is part of CFC’s broader global strategy, which includes transaction liability teams in North America and Europe.
