CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, is today pleased to announce the appointment of industry veteran John Howard as Chair, subject to regulatory approval.
Howard brings over thirty years of sector experience, including an outstanding track record in US specialty, CFC's biggest distribution market and a priority for future growth. Howard previously served as Chairman and Chief Executive Officer of Truist Insurance Holdings which included market-leading businesses like AmRisc, CRC, Crump, McGriff, and Starwind. Additionally, he currently serves as Independent Non-Executive Director of Everest Group, Chairman of Compre Group, and Chairman of The Council of Insurance Agents and Brokers.
Howard’s experience and relationships will support CFC’s growth strategy in the US market, and his appointment follows investment in its onshore leadership team earlier this year. Justin Camara was appointed as Chief Executive Officer, CFC USA in January.
CFC is a unique business and one of the most exciting growth stories in insurance, having established itself as a global leader in specialty insurance for SMEs. As the risk landscape becomes ever more complex, demand for CFC’s products is growing significantly and its proprietary technology and culture of continuous improvement make it well placed to meet this opportunity. John Howard, Chair
Richard Ward who served as Chair since 2022, will continue to serve on CFC's board as Senior Independent Non-Executive Director. His tenure has been marked by continued exceptional performance for the group.
Ward said, "I am immensely proud of what we have achieved together during my time as Chair. This is a strong, resilient business with a clear sense of purpose, and I know it will continue to thrive under John’s leadership. As I step into the role of Senior Independent Non-Executive Director, I look forward to supporting the Board and ensuring a smooth and confident transition.”
Howard continued, “I would like to take this opportunity to thank Richard who has provided the business with outstanding leadership, support and constructive challenge throughout his tenure as Chair. I look forward to working with Richard, Louise and the management team as CFC continues its strong trajectory as a fast growing, capital light and highly innovative insurance provider.”
Louise O’Shea, Group Chief Executive Officer, said, “Under Richard’s stewardship, CFC has been future-proofed, ready to further accelerate growth in the years to come. We are incredibly grateful for his unwavering commitment to CFC and leadership over the years. John’s wealth of experience and leadership in US specialty will be an asset to us as we enter this next phase of global growth. We are delighted to welcome him to the Board.”
