CFC Overview Presentation

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  • 1. Company overview and product highlights
  • 2. Our HistoryCFC is a specialist MGA based at Lloyd’s of London Company established in early 2000 as an MGA at Lloyd’s Pioneered the market for e-risk insurance Target niche sectors with tailored products Broad experience of miscellaneous professional classes Thousands of clients in over 20 different countries 100% Lloyd’s backed, by 17 different syndicates Underwriter of the Year 2010, British Insurance Awards
  • 3. Our PhilosophyWe combine unrivalled service with innovative products Personal, flexible, and pragmatic approach to underwriting We can tailor our wordings to meet your requirements Service driven organisation, with high service standards Constant product innovation and development We have no local offices and offer semi-exclusive distribution
  • 4. Our ProductsTECHNOLOGY& MEDIA TECH TECH CPMSCIENCEHEALTHCAREPROFESSIONS
  • 5. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Minimum Deductible: £1,000 / €1,000 / $1,000 Maximum Revenues: Unlimited (less competitive above 100m) Minimum Premium (1m LOI): £300 / €500 / $500 Target Market: Technology service providersTarget sectors:Application service providers IT consultancy System integratorsBespoke software developers IT security consultants Software value added resellersComputer games developers IT support Web designersDigital marketing agencies IT training Web hosting (reselling)Domain name registration (resellers) Mobile content providers Web service providersEmail providers Networking engineersEncryption software providers Online gaming providersHardware value added resellers Packaged software developers
  • 6. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Minimum Deductible: £1,000 / €1,000 / $1,000 Maximum Revenues: Unlimited (less competitive above 100m) Minimum Premium (1m LOI): £300 / €500 / $500 TECH CPM Target Market: Companies that rely on technologyTarget sectors: Non-Target sectors:Charities Financial InstitutionsEntertainment and media TelecommunicationsHigher education Explicit adult entertainmentHealthcareLeisure and hotelsLogisticsManufacturers and wholesalersProfessional servicesPublic sectorRetailersSupport servicesUtilitiesWebsite operators and e-tailers
  • 7. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Minimum Deductible: Nil (for smallest of media professionals) Maximum Revenues: Unlimited (although avoid high profile) Minimum Premium (1m LOI): £300 / €500 / $500 Target Market: Media companies and professionals TECHTarget sectors:Advertising agencies Press agenciesAuthors Publishers – print and digitalCelebrities Radio stationsContent providers Social media agenciesCopywriters Telemarketing companiesFilm distributors Television broadcastersFreelance writers Travel/creative/research writersJournalists Web designersMarketing consultants Web-castersNew media / digital agenciesPR consultants
  • 8. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Minimum Deductible: £1,500 / €2,000 / $2,500 Maximum Revenues: Unlimited (although avoid high profile) Minimum Premium (1m LOI): £1,500 / €1,500 / $1,500 Target Market: Social media companies TECHTarget sectors:App developers Mobile phone content developersBusiness networking websites News aggregation servicesCorporate blogs Online dating agenciesCrowd sourcing applications Online games developersDigital marketing agencies Online games publishersEducational games Online listings sitesGenealogy websites Photo sharing websitesInstant messaging applications Social networking websitesInternet radio websites User-generated content sitesLocation based gaming Video sharing websitesMMORPG Web-based communities
  • 9. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Maximum Sum Insured: £10,000,000 / $10,000,000 any one location Minimum Deductible: £1,000 / €1,000 / $1,000 Maximum Revenues: Unlimited Minimum Premium (1m LOI): £1,000 / €1,000 / $1,000 Target Market: Research and development companiesTarget sectors:Drug discovery companiesDrug development companiesContract research organizationsClinical research associatesContract manufacturing organizations (research and trial materials)Contract research service providersCompanies involved in the drug development supply chainConsultancy servicesOther scientific companies in the research and development phase
  • 10. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Maximum Sum Insured: £10,000,000 / $10,000,000 any one location Minimum Deductible: £1,000 / €1,000 / $1,000 Maximum Revenues: £25,000,000 or local currency equivalent Minimum Premium (1m LOI): £1,000 / €1,000 / $1,000 Target Market: Medical device companiesInsurance for companies involved with the design, development, manufacture ordistribution of medical devices used in hospitals or by healthcare professionals.Target sectors include: Areas not targeted are:Anaesthetic technology (e.g. anaesthetic machine) Medical imaging (e.g. MRI scanners) Home health products (i.e. noAnalytical equipment (e.g. blood gas analyser) Mobility (e.g. wheelchairs) medical supervision of use)Cardio-vascular (e.g. ventilators) Neurology (e.g. magnetic stimulation systems) Paediatric medical productsDental (e.g. dentures) Ophthalmic (e.g. eye sight testing equipment) Products used in the cosmetics industryDrug delivery systems (e.g. syringes) Orthopaedic devices (e.g. prosthetic Devices containing silicone,E-health (e.g. remote monitoring equipment) joint replacements) latex, mercury, lead or DEHPHardware and ambulatory (e.g. defibrillator) Radiotherapy (e.g. radiotherapy machines) Pharmaceutical productsImplantable devices (e.g. stents) Surgical devices (e.g. scalpels) Genetic testing servicesInfection control (e.g. sterilisation equipment) Wound care (e.g. hydrogel wound dressings)In-vitro diagnostics (e.g. disease diagnosistesting system)
  • 11. Our Products Maximum Limit: $1,000,000 Minimum Deductible: $5,000 Maximum Revenues: Unlimited Minimum Premium: $20,000 Target Market: Skilled nursing facilities (senior care)Target sectors:Individual skilled nursing facilitiesFacilities with chains of up to 50 locations NB: THIS PRODUCT IS CURRENTLY ONLY AVAILABLE IN THE US
  • 12. Our Products Maximum Limit: $2,000,000 Minimum Deductible: $2,500 Maximum Revenues: Unlimited Minimum Premium: $3,500 Target Market: Assisted living facilitiesTarget sectors:Adult day care centres (certified)Assisted living facilitiesIndependent living facilitiesHospices NB: THIS PRODUCT IS CURRENTLY ONLY AVAILABLE IN THE US
  • 13. Our Products Maximum Limit: $5,000,000 (USD2,000,000 Only) Minimum Deductible: $100 Maximum Revenues: $5,000,000 Minimum Premium: $75 for individuals or $3,500 for businesses Target Market: Allied healthcareTarget sectors:Accupressurist Cosmetologist (licensed, no laser, injection or chemical peel Meditation practitionerAcupuncturist treatments) NutritionistAromatherapist Counsellors OpticiansAudiologist Dance movement therapists / movement therapists Orthotic / prosthetic fittingAuricular detoxer Dental hygienist Personal trainerBiokineticist Dietician PhlebotomistBody therapy practitioner Histologic technician (diagnosis must be performed by Pilates practitionersCertified laboratory technician (under the supervision of pathologist or decline, no cytology) Prosthetic device fittersa lab manager) Homoeopath (must be a member of the North American Recreation therapistCertified medical assistant Society of Homoeopaths) ReflexologistClerical assistant Horticultural therapist Speech therapistClinical laboratory technician, medical technician, Hypnotherapist (ex molestation and mental health) Yoga practitionermedical lab technician Lymphatic drainage therapistColour therapist Massage therapist (not sports or professional athletes)Community health assistant or technician (exclude Medical assistant (administrative work only, not physician’ssexual and physical abuse and molestation) assistant)Conscious breathing practitioner Medical records technician or administrator NB: THIS PRODUCT IS CURRENTLY ONLY AVAILABLE IN THE US, CANADA AND AUSTRALIA
  • 14. Our Products Maximum Limit: $5,000,000 Minimum Deductible: $100 Maximum Revenues: Unlimited Minimum Premium: $75 Target Market: Senior careTarget sectors (senior residential care): Target sectors (non-residential senior care):Adult day care centres (certified) Certified nursing assistant / nursing aides Personal carerAssisted living facilities Clergy, chaplain or religious ministry Physical therapistHospices Home health care PhysiciansHost homes Housekeeper Physicians’ assistantIndependent living facilities Licensed practical nurse / licensed vocational nurse Psychiatrist Live in companion Psychotherapist Medical director Registered nurse Medical supplies (disposal medical supplies only) Rehabilitation consultant Medical technician Residence managers Nurse practitioner Respiratory therapists Occupational therapist Sitter Social worker NB: THIS PRODUCT IS CURRENTLY ONLY AVAILABLE IN THE US, CANADA AND AUSTRALIA
  • 15. Our Products Maximum Limit: £5,000,000 / €5,000,000 / $5,000,000 Minimum Deductible: £500 / €500 / $2,000 Maximum Revenues: $25,000,000 Minimum Premium (1m LOI): £500 / €500 / $750 Target Market: Professional service companiesTarget sectors:BookkeepersBusiness consultantsData processorsFood consultantsGraphic designersHealth and safety consultantsHR consultantsManagement consultantsProject managersPublic relation consultantsQuality assurance consultantsRecruitment consultantsTraining companiesOther miscellaneous professional service firms…
  • 16. Our Products Maximum Limit: £5,000,000 / €5,000,000 / $5,000,000 Minimum Deductible: £2,500 / €2,500 / $5,000 Maximum Revenues: £5,000,000 / €5,000,000 / $5,000,000 Minimum Premium: £1,500 / €2,000 / $2,500 Target Market: Architects and engineersTarget sectors:Civil engineersMechanical engineersHVAC engineersHydraulic / fire engineersTown planning engineersNon-structural architectsLand surveyorsLandscape architectsExpert witnessesQuantity surveyorsFeasibility studiesProject managersInterior designersElectrical engineers
  • 17. Our Products Maximum Limit: £10,000,000 / €10,000,000 / $10,000,000 Minimum Deductible: £500 / €500 / $500 Maximum Revenues: Unlimited Minimum Premium: £200 / €200 / $200 Target Market: Recruitment, employment and staffing agenciesTarget agencies include those placingworkers in the following sectors:Accounting, banking and financial services Marketing, media and communicationsCommercial MedicalConstruction NursingDriving / haulage Office professionals / clerical workersEducation Oil & gasEngineering and technical Pharmaceutical & scientificExecutive recruitment and ‘headhunters’ Public SectorHospitality Recruitment to recruitmentIndustrial RetailInterim management SalesIT / Telecommunications Social workersHuman resources TechnologyLegal
  • 18. Our Products Maximum Limit: £5,000,000 / €7,500,000 / $10,000,000 Minimum Deductible: Nil Maximum Revenues: £20,000,000 / €20,000,000 / $20,000,000 Minimum Premium: £375 / €500 / $1,000 Target Market: All firmsTarget sectors:All professional services firmsOther firms considered upon request NB: THIS PRODUCT IS NOT CURRENTLY AVAILABLE IN THE US
  • 19. Contact DetailsFor more information please contact us: CFC Underwriting Ltd. 85 Gracechurch St London EC3V 0AA +44(0)207 220 8500 enquiries@cfcunderwriting.com www.cfcunderwriting.com www.cfcunderwriting.tv www.technologyinsuranceblog.com www.mediainsuranceblog.com www.twitter.com/cfcunderwriting www.linkedin.com/company/cfc-underwriting-ltd.