Latest news with #CFC
Time of India
6 days ago
- Business
- Time of India
State govt to launch Space Park project on Thursday
T'puram: The foundation stone for Kerala's ambitious Common Facility Centre (CFC) and Research & Development Centre (RDC) as part of the Space Park project will be laid on Thursday. The event will be held at the Hyatt Regency, Thycaud, in the capital. Chief minister Pinarayi Vijayan will inaugurate the event. Organized by Kerala Spacepark (KSPACE), the event marks a significant step in boosting the state's aerospace and defence sectors. Spanning 15.06 acres in Pallippuram, the project is backed by Nabard and aims to provide shared facilities for testing, inspection and innovation. The two-day event will also feature exhibitions, startup pitching sessions and industry-academia interactions. Various sponsorship and exhibition opportunities are open to institutions and startups. Registration for delegates and students is now open. The tender for the Space Park was awarded to Ircon International Ltd, a Govt of India undertaking institution under the ministry of railways. The project was granted a Rs 241 crore loan from Nabard for the construction of the buildings and the campus. The tender was called by the Kerala State IT Infrastructure Ltd to construct two key buildings—the CFC and RDC. The estimated completion of the project is 30 months. The new facilities will be built on 3.5 acres of the 18.5 acres allotted by state govt at Technopark Phase IV in Pallipuram. Currently, the Space Park office operates from a rented building in Pattom. The R&D facility will feature startup incubators and other research amenities.
Yahoo
6 days ago
- Business
- Yahoo
CFC names new chief underwriting officer
CFC, a UK-based specialist insurance provider, has appointed Nick Line as its new chief underwriting officer (CUO), effective from 2026. Line will join CFC in 2026 following a 28-year tenure at Markel, where he has served as CUO since 2018. Line began working in the insurance industry in 1997, serving in roles such as chief actuary and chief underwriting officer. At Markel, he contributed to growth through new product development, market expansion and acquisitions. His tenure saw Markel diversify its portfolio, enhance underwriting processes and improve customer service in international markets, according to CFC's press statement. Commenting on the appointment, Line said: 'In 28 wonderful years at Markel, I have had the pleasure of working alongside some of the brightest minds and friendliest people in the industry. 'It had to be an exceptional opportunity for me to make a move, and that is why I am so excited to be joining the CFC team. I have always admired businesses that embody innovation, agility and a 'can-do' ethos, and CFC is a standout example. I look forward to working with Louise [O'Shea] and the broader team to deliver their vision for continued future success.' Markel has collaborated with CFC since 2019, particularly in areas such as transaction liability and terrorism. CFC Group CEO O'Shea said: 'I am delighted to welcome Nick to our executive team. He combines deep technical knowledge with global leadership experience, which will be invaluable as we continue to deliver the highest level of service and expertise to our clients across the world.' Matt Taylor, CFC's chief performance officer, has been serving as interim CUO since February 2025. Recently, CFC expanded its Cyber Proactive Response coverage to include additional sectors such as digital health, fintech and technology sectors. "CFC names new chief underwriting officer " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Malaysian Reserve
13-06-2025
- Business
- Malaysian Reserve
Zywave Announces 2025 Cyber Risk Award Winners
NEW YORK, June 13, 2025 /PRNewswire/ — Zywave, a leading insurtech provider, celebrated the cyber risk industry's top individuals and firms at the 12th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 12, 2025. The winners in 17 categories were announced at a black-tie gala dinner for nearly 500 attendees. Arch Insurance, Arete, The Beckage Firm, CFC, CRC Group | INSUREtrust, CyEx, Cytactic, Epiq, Gordon Rees, Lyra Recovery, Pondurance, and S-RM sponsored the event. 'Congratulations to each winner and every nominee,' said Jeff Cohen, Zywave Senior Vice President. 'There are no judging panels or backroom decisions in these awards; these accolades result from the only democratic voting process to salute the parties who are truly shaping the Cyber Risk marketplace. Thank you to the thousands who voted, everyone who made this night a success, and the countless cyber risk professionals who continue to elevate our industry.' Since 2013, Zywave's Cyber Risk Awards have honored the people and companies at the forefront of the cyber risk industry. Five individuals and twelve companies were recognized with awards during the evening. This year's program included presentations by these esteemed industry leaders, Alexandra Bretschneider of Johnson, Kendall & Johnson, Jeremy Gittler of Resilience, Lindsey Maher of CFC, Tom Reagan of Marsh, Emily Selck of The Baldwin Group, and Tresa Stephens of Allianz, who each provided a unique perspective on the Cyber Risk marketplace and its various participants. Below is the complete list of award winners: INDIVIDUALS Cyber Visionary Award: Nick Economidis, Crum & Forster Cyber Risk Industry Person of the Year – The Americas: Michael Phillips, CFC Cyber Risk Industry Person of the Year – London/EMEA: Lindsey Maher, CFC Cyber Risk Industry Person of the Year – Actuary/Modeler: Rebecca Lumb, Beazley Cyber Risk Industry Person of the Year – Attorney: Stu Panensky, Pierson Ferdinand COMPANIES Cyber Safety & Loss Control [Pre-Breach] Team of the Year: CFC Cyber Claims Team (Insurer or MGA) of the Year: AXA XL Cyber Incident Response Team of the Year: S-RM Cyber Newcomer of the Year: International Women's Cyber Alliance Cyber Law Firm of the Year: Mullen Coughlin Cyber Technology Provider of the Year: Bitsight Cyber Retail Broking Team of the Year: Marsh Cyber Wholesale Broking Team of the Year: CRC Cyber Reinsurance Broking Team of the Year: Gallagher Re Cyber MGA of the Year: Cowbell Cyber Insurer of the Year: Beazley Cyber Reinsurer of the Year: Munich Re The annual Cyber Risk Awards is part of a series of industry events hosted by Zywave that bring together the top insurance thought leaders for in-person learning, networking and collaboration. For more information on Zywave's thought leadership events, visit About Zywave Zywave empowers insurers and brokers to drive profitable growth and thrive in today's escalating risk landscape. Only Zywave delivers a powerful Performance Multiplier, bringing together transformative, ecosystem-wide capabilities to amplify impact across data, processes, people, and customer experiences. More than 15,000 insurers, MGAs, agencies, and brokerages trust Zywave to sharpen risk assessment, strengthen client relationships, and enhance operations. Additional information can be found at Contact:April
Yahoo
13-06-2025
- Business
- Yahoo
Zywave Announces 2025 Cyber Risk Award Winners
NEW YORK, June 13, 2025 /PRNewswire/ -- Zywave, a leading insurtech provider, celebrated the cyber risk industry's top individuals and firms at the 12th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 12, 2025. The winners in 17 categories were announced at a black-tie gala dinner for nearly 500 attendees. Arch Insurance, Arete, The Beckage Firm, CFC, CRC Group | INSUREtrust, CyEx, Cytactic, Epiq, Gordon Rees, Lyra Recovery, Pondurance, and S-RM sponsored the event. "Congratulations to each winner and every nominee," said Jeff Cohen, Zywave Senior Vice President. "There are no judging panels or backroom decisions in these awards; these accolades result from the only democratic voting process to salute the parties who are truly shaping the Cyber Risk marketplace. Thank you to the thousands who voted, everyone who made this night a success, and the countless cyber risk professionals who continue to elevate our industry." Since 2013, Zywave's Cyber Risk Awards have honored the people and companies at the forefront of the cyber risk industry. Five individuals and twelve companies were recognized with awards during the evening. This year's program included presentations by these esteemed industry leaders, Alexandra Bretschneider of Johnson, Kendall & Johnson, Jeremy Gittler of Resilience, Lindsey Maher of CFC, Tom Reagan of Marsh, Emily Selck of The Baldwin Group, and Tresa Stephens of Allianz, who each provided a unique perspective on the Cyber Risk marketplace and its various participants. Below is the complete list of award winners: INDIVIDUALS Cyber Visionary Award: Nick Economidis, Crum & Forster Cyber Risk Industry Person of the Year – The Americas: Michael Phillips, CFC Cyber Risk Industry Person of the Year – London/EMEA: Lindsey Maher, CFC Cyber Risk Industry Person of the Year – Actuary/Modeler: Rebecca Lumb, Beazley Cyber Risk Industry Person of the Year – Attorney: Stu Panensky, Pierson Ferdinand COMPANIES Cyber Safety & Loss Control [Pre-Breach] Team of the Year: CFC Cyber Claims Team (Insurer or MGA) of the Year: AXA XL Cyber Incident Response Team of the Year: S-RM Cyber Newcomer of the Year: International Women's Cyber Alliance Cyber Law Firm of the Year: Mullen Coughlin Cyber Technology Provider of the Year: Bitsight Cyber Retail Broking Team of the Year: Marsh Cyber Wholesale Broking Team of the Year: CRC Cyber Reinsurance Broking Team of the Year: Gallagher Re Cyber MGA of the Year: Cowbell Cyber Insurer of the Year: Beazley Cyber Reinsurer of the Year: Munich Re The annual Cyber Risk Awards is part of a series of industry events hosted by Zywave that bring together the top insurance thought leaders for in-person learning, networking and collaboration. For more information on Zywave's thought leadership events, visit About Zywave Zywave empowers insurers and brokers to drive profitable growth and thrive in today's escalating risk landscape. Only Zywave delivers a powerful Performance Multiplier, bringing together transformative, ecosystem-wide capabilities to amplify impact across data, processes, people, and customer experiences. More than 15,000 insurers, MGAs, agencies, and brokerages trust Zywave to sharpen risk assessment, strengthen client relationships, and enhance operations. Additional information can be found at Contact:April View original content to download multimedia: SOURCE Zywave Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
The CIC Launches "Centre for Future Construction"
Drive Innovation and Empower the Next Generation Workforce HONG KONG, May 30, 2025 /PRNewswire/ -- The Construction Industry Council (CIC) yesterday celebrated the official opening of the "Centre for Future Construction" (CFC), marking a significant milestone in Hong Kong's construction industry development. The ceremony took place at the Hong Kong Institute of Construction - Kowloon Bay Campus, officiated by Ir Joseph LO, Head of Project Strategy and Governance Office, Development Bureau, together with Ir Prof. Thomas HO, Chairman of the CIC, Ir Albert CHENG, Executive Director of the CIC, Prof. Jack CHENG, Chairperson of Centre for Future Construction Project Steering Committee, and Mrs. LO LEE Oi-lin, Chairperson of the Hong Kong Institute of Construction Management Board, bringing over 2,000 experts, leaders, government officials, and industry professionals to support the event both online and offline and to celebrate this historic moment. Spanning over 10,000 square feet, the CFC features five interconnected zones, including the Digital Twin Hub, 4S Hub, AI Hub, Robotic Hub, and Immersive Cave. Each zone showcases advanced construction technologies such as digital twin applications, AI-powered safety solutions, robotics, and Virtual Reality (VR) / Augmented Reality (AR) immersive training tools. By fostering collaboration and providing hands-on learning opportunities, the CFC aims to equip young talents with the skills and knowledge needed to excel in the evolving construction sector. The opening ceremony commenced with welcome remarks from Ir Prof. Thomas HO, Chairman of the CIC. He emphasised the importance of embracing the AI era and developing a new quality productive force. "Today marks a significant milestone in our journey to revolutionise the construction industry and prepare our future generations to embrace cutting-edge technologies," he stated. "We hope that the Centre for Future Construction will be the beacon of innovation for the construction industry in Hong Kong, guiding the way for the talents of the construction industry." Ir Joseph LO, Head of the Project Strategy and Governance Office at the Development Bureau, delivered the opening address, "The Government is fully committed to spearheading transformative changes within our industry. In this transformative journey, the CIC has always been our closest partner. The CFC will nurture our new generation and will foster a culture of professionalism for the HK construction industry. So, I call upon everyone to unite our expertise and collaborative efforts to lead our industry into a new era of future construction." Prof. Jack CHENG, Chairperson of Centre for Future Construction Project Steering Committee, introduced the CFC's mission to serve as an industry-wide collaborative and learning platform. The event featured keynote presentations from four industry pioneers, Mr. Kevin O'BRIEN, Chief Executive of Gammon Construction Limited, Mr. Alex KWAN, Chief Executive Officer, Asia of Global Infrastructure Solutions Inc., Mr. Peter LEE, Head of Commercial Business of Microsoft Hong Kong, and Mr. Raymond JIAN, Director and Partner of RoboticPlus. Their insightful sharing reveals how AI can be leveraged to explore the transformative potential of technology by thinking out of the traditional mindsets, building smarter infrastructure, and propelling industry success. Ir Albert CHENG, Executive Director of the CIC, concluded the event with closing remarks, reaffirming the CIC's commitment to fostering a digitally advanced and safe construction sector. "We anticipate that the Centre for Future Construction will attract over 24,000 visits annually. These facilities will be utilised in more than 100 of our existing courses, including master classes, advanced diplomas, diplomas, and various short-term courses, providing them with a dynamic environment to explore the future of construction," he added. The ceremony was followed by an exhibition, allowing attendees to explore the CFC's innovative facilities and how the industry can collaborate with the centre and the opportunities for training initiatives. The CFC aims to empower the workforce of tomorrow by providing hands-on training and fostering partnerships with industry leaders. By integrating advanced technologies and innovative training programmes, the CFC is poised to shape the future of the construction industry, driving productivity and safety. An Overview of the Centre for Future Construction The Centre for Future Construction is located on the 3/F of the Hong Kong Institute of Construction - Kowloon Bay Campus, covering over 10,000 square feet and divided into five zones. 4S Hub Displays Smart Site Safety System (4S) - related equipment, such as Central Management Platform, AI alert system, and offers visitors to try on the smart wearable devices, including safety helmets and smart watches. AI Hub Hosts technology-related workshops and showcases the Safety Large Language Model developed in collaboration with the industry, allowing participants to experience the latest AI applications that being used in construction projects. Digital Twin Hub Brings the concept of Building Information Modelling (BIM) to City Information Modelling (CIM) and showcases successful projects and technologies including BIM, Geographic Information System (GIS), IoTs and connectivity technologies to help the industry understand the development of smart cities. Immersive Cave Utilises Reality Capture and Mixed Reality technologies including Virtual Reality (VR) Cave and AR mobile app for interactive learning, deepening the understanding of how BIM can integrate with physical environment. Robotic Hub Features advanced construction robots, such as automated drilling robots and wall finishing robots, allowing trainees to operate and experience their efficiency and safety benefits. - End – About the Construction Industry Council The Construction Industry Council (CIC) was formed in 2007 under the Construction Industry Council Ordinance (Cap. 587). The CIC consists of a chairman and 24 members representing various sectors of the industry including employers, professionals, academics, contractors, workers, independent persons and Government officials. The main functions of the CIC are to forge consensus on long-term strategic issues, convey the industry's needs and aspirations to the Government, provide professional training and registration services, and serve as a communication channel between the Government and the construction industry. Please visit for further details. View original content to download multimedia: SOURCE Construction Industry Council
