Janine Fenwick has joined CFC as transaction liability practice leader for Asia-Pacific, based in Melbourne.

The underwriter has also increased its line size in Australia to $50 million, enabling it to handle a wider range of deals including more complex, higher-value transactions. 

Ms Fenwick will provide strategic leadership to the onshore transaction liability team, established when cyber specialist CFC bought Solution Underwriting in April.

She has been a director at Risk Capital Advisers for a decade and previously held executive roles at Marsh and AIG, placing mergers and acquisitions insurance across Europe, Asia-Pacific and emerging markets.

“Janine is a long-standing industry professional with extensive experience and technical knowledge in the transaction liability market, as well as having an impressive track record of building successful teams and insurance businesses,” head of transaction liability Angus Marshall said.

“Her appointment, together with our increased line size in Australia, is demonstration of our commitment to delivering an even more responsive and personalised service to our broker partners across the region.”

CFC has been writing transaction liability business in Australia since 2016 and says the acquisition of Solution enabled it to offer onshore underwriters to local brokers. 

It has also established local teams in North America and Europe.

“The business has laid down an impressive plan to achieve its international growth ambitions and I’m relishing the opportunity to work with my new colleagues to achieve our goals in the Australian and Asia-Pacific markets,” Ms Fenwick said.