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October 22, 2021

Specialist insurer CFC secures investment from EQT and Vitruvian Partners

UK-based insurance company CFC has secured a major investment from European private equity firms EQT and Vitruvian Partners.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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The quantum of the investment has not been revealed.

Established in 1999, CFC is a technology-driven business, which offers insurance for cyber risks along with a wide range of emerging risks.

CFC, which is primarily focused on SMEs, stated that it writes 50 products across 20 different classes of specialist insurance.

CFC’s proprietary insurance platform leverages data science and threat intelligence to detect cyber risks and protect clients.

CFC founder and group CEO Dave Walsh said: “As we look ahead, we see a risk landscape that is rapidly shifting, with ever-expanding cyber threats, new insurance challenges presented by intangible assets and evolving risks in rapid growth sectors.

“CFC has a key role to play in helping our growing customer base address these challenges, while the pioneering technology we have built over the last two decades is enabling us to deliver at increasing scale.”

The insurer said that it has an annual premium run rate of more than £750m ($1bn) and recorded an organic EBITDA CAGR of 35% over the last five years.

EQT partner Robert Maclean said: “CFC is a truly innovative insurance business with technology at its core and a track record of growth and profitability which surpasses even the most mature fintech businesses we have seen.”

Earlier this year, CFC secured the in-principle clearance from Lloyd’s of London to set up CFC Syndicate 1988.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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