CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, today announces the appointment of Chris Loake as Chief Information Officer (CIO).
Chris will join in November and sit on the Executive Committee. He will be responsible for driving the technology strategy that underpins CFC’s long-term vision and digital distribution capabilities, building on CFC’s track record of innovation including one-question quoting, automated renewals and agentic underwriting.
Chris joins CFC from Hiscox, where he served as Group Chief Information Officer, leading the FTSE 100 insurer's global technology transformation, including their work on AI. He has more than 20 years' experience across insurance, banking and financial services, having previously held senior technology leadership roles at C. Hoare & Co, Close Brothers and Experian. He is also a Non-Executive Director at Companies House, the UK government agency.
Technology has long been central to CFC's differentiation and growth strategy as a frontier specialty MGA platform, underpinning its ability to efficiently scale distribution and underwriting while simplifying insurance trading to create better outcomes for brokers and customers.
John Howard, Chair at CFC said: “Technology and innovation have been central to CFC’s momentum and success since day one. Chris joins us as Chief Information Officer at a pivotal moment in our growth journey. Working closely with Adam and the broader leadership team, he will play a critical role in scaling our business globally and delivering the vision for our next chapter of evolution.
Chris has an exceptional track record of building world-class technology, data and AI capabilities. His experience and leadership will be invaluable as we accelerate the adoption of AI across our business, unlock new opportunities for innovation and further strengthen the value we deliver to our customers and partners. John Howard, Chair
Chris Loake commented: "CFC has established itself as a technology leader in specialty insurance, operating in a part of the market where there is huge scope for continued innovation. The company has consistently shown how technology can transform the experience for brokers and partners, and that opportunity is only becoming more exciting as advances in AI open up new possibilities across insurance.
“I've long admired CFC's culture of innovation and its willingness to challenge conventional thinking. I am looking forward to working alongside Adam and the team, building on the strong foundations already in place and helping to shape its next chapter of growth."
