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CFC Underwriting names Newman CEO

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Graeme Newman

London-based cyber insurer CFC Underwriting Ltd. has named chief innovation officer Graeme Newman as CEO, effective immediately, succeeding founder and current CEO Dave Walsh, who has been named group CEO.

Mr. Newman will lead all aspects of CFC’s underwriting business, including its growing data, technology and operations functions, CFC said in a statement Thursday.

As group CEO, Mr. Walsh will oversee operations for CFC’s global offices.

CFC has more than 500 staff across five global offices and supports over 100,000 customers in 90 countries.