Specialist insurance provider CFC has appointed Matthew Glenville as group chief operating officer.
The newly created role will focus on improving operations and strengthening collaboration between CFC’s underwriting, technology and business operations teams.
Glenville brings experience from his previous roles, including Group COO at DWF Law, as well as COO and CTO at ICE Clear Europe. He also led the ICE Benchmark Administration from its inception to becoming a trusted financial benchmark provider.
“This is a hugely important new role within the business as we lay the foundations for continued value creation in CFC’s ambitious plans for long-term growth, and I can’t think of a better person to take on these responsibilities than Matt,” said Louise O’Shea, group CEO at CFC. “He has extensive experience delivering value creation for high-growth, tech-led businesses as well as working in different industry sectors from financial services and tech to law, in both listed and PE-backed companies.”
“I’m really looking forward to delivering on the long-term growth plans and making sure that underwriting, technology and business operations work hand-in-hand as we continue to scale,” Glenville said, commenting on his appointment.
CFC also announced additional senior role changes to support its global growth strategy. Tim Boyce has been promoted to deputy chief underwriting officer, taking on responsibility for tech, media and IP, alongside his current focus on professions and healthcare.
Michael Brunero, who previously served as head of tech, media and IP, will relocate to New York to assume the role of managing director, USA, where he succeeds Shannon Groeber who left after five years of leading the US team.
“At CFC, we will continuously seek to improve what we do and how we do it – it’s one of the qualities that sets us apart from organizations who aren’t brave enough to embrace change,” O’Shea said.
“The next 12 months are going to be incredibly exciting for our business, and the new roles we’ve announced today will be key to ensuring we achieve our goals and deliver even better products and services to our broker partners and their customers.”