CFC increases limits across transaction liability product suite

CFC announced that it has increased the available limits of its transaction liability insurance product suite across all territories. CFC now has the capacity to offer limits up to £30 million in the UK and €35 million in Euro zone countries. Matthew Giddings, transaction liability practice leader, said,  “Transaction liability insurance continues to gain traction with an increasing proportion of M&A deals using this type of cover as both a risk management and deal facilitation tool. CFC’s Transaction Liability practice has enjoyed a strong first trading period. Our focus on service, the experience of our underwriters and our ability to leverage other CFC specialisms such as cyber, intellectual property and product recall make us an attractive market. The increase in our capacity is an endorsement of our proposition in this fast-growing and competitive sector. We’re positive about the future and look forward to building on the success of our first year throughout 2017.”