CFC management go it alone following MBO
The management team at CFC Underwriting, the cyber risk specialist MGA, have completed a management buyout of the company from the Hyperion Insurance Group.
The buyout, led by managing director David Walsh and backed by a consortium of six private investors, will see Hyperion relinquish its majority stake in the MGA.
Mr Walsh said CFC had changed dramatically from its original set up and that the time was now right for the company to step out on its own and pursue its growth plans.
“We have an exciting future ahead of us, and I would like to thank Hyperion for the support they have given from the very beginning to allow us to build this great
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