Specialist insurer CFC has appointed Kate Della Mora (pictured) as CEO of its Canadian operations, a newly created role.
The move comes with the opening of CFC’s first office in Canada, located in Toronto, aiming to create a business development team to support Canadian brokers, complementing the UK-based underwriting teams that serve Canada.
“This hire marks another exciting step for CFC as we expand our global footprint and aim to be closer to our broker partners,” said CFC group CEO Louise O’Shea. “Kate is an exceptional business leader with a passion for business development and outstanding communication skills, which have enabled her to establish a strong network of industry relationships. These skills will prove invaluable as she focuses on growing our Canadian business by increasing the breadth and depth of our broker relationships, building on the existing strength of our client base throughout the country. I’m delighted to welcome her to our growing global team.”
Della Mora (pictured) previously worked at Marsh Canada, where she was the national specialty growth leader for more than four years.
“CFC has an outstanding reputation globally and, more specifically, within the Canadian marketplace. The business is an industry leader with respect to product innovation, responsiveness and superior technical talent,” Della Mora said. “I am thrilled to be joining the CFC executive leadership team as we continue to grow and expand our Canadian business as well as expand our global footprint. I look forward to working closely with my new UK and global colleagues as we continue on the successful growth trajectory that CFC has achieved to date.”
CFC has been offering insurance solutions to Canadian brokers for over two decades. It has become a market leader in cyber insurance and provides more than 20 types of specialist insurance for various industries, focusing on emerging and technology-related risks.
The appointment of a new leader for CFC Canada comes after CFC broadened its transaction liability practice by creating a team dedicated to underwriting representations and warranties insurance for the renewable energy sector.
The new unit is led by Simon Wood, who joined CFC over a year ago from an international law firm. The team also includes Aline Brayner, who has significant experience in providing strategic counsel for large and complex energy projects within the renewable energy technology sector.
CFC’s energy and renewables underwriting team will focus on creating tailored insurance solutions for the specific risks of renewable energy transactions.