Specialty insurance provider CFC announced today it has appointed Michael Phillips as Cyber Practice Leader.
In this newly created role based out of New York, Michael will drive CFC’s cyber underwriting strategy and broker development in the US with a specific focus of CFC’s admitted cyber product.
Phillips joins CFC with nearly a decade’s experience as a senior leader in the specialty insurance market, most recently as chief claims officer at Resilience. Prior to that he was head of cyber, media & technology claims at Allianz Global and tech counsel at Beazley
Phillips was a litigator in commercial private practice for 8 years and has been a frequent writer on law and technology, published in The New Yorker, Buzzfeed and Bloomberg. He also serves as co-chair of the Ransomware Task Force..
“Michael brings with him deep industry expertise and an impressive track record in both cyber underwriting and claims which will be invaluable as we continue to deliver our proactive cyber proposition to customers throughout the US” said Shannon Groeber, CEO at CFC USA. “He joins an experienced bench of senior cyber leaders who ensure that CFC stays at the forefront of the market, leading the way in coverage, claims and cyber security services built to protect our customers against cyber risk.”
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