Former Newline head of financial lines Neil Beaton to build a new team at CFC Underwriting

CFC Underwriting announced the appointment of Neil Beaton, Newline Group’s former head of financial lines.

He has been brought in to build a new team focused on developing a suite of products for financial institutions.

“Neil is regarded in the London Market as a highly experienced financial institutions underwriter with a track record of sourcing and writing profitable business,” said Andrew Holmes, chief underwriting officer for CFC.

“The look and feel of financial institutions is changing as they utilise more and more technology in their core operations. This evolution presents financial institutions with a new range of exposures which we believe the insurance market is not adequately addressing.