CFC names Markel’s Nick Line as CUO

CFC, a specialist insurance provider focused on emerging risks and cyber, has named Nick Line as Chief Underwriting Officer (CUO).

He will join the insurer in 2026, after spending 28 years at Markel where he most recently held the role of CUO since 2018.

Over the years at re/insurer Markel, Line has materially increased the volume and diversity of its portfolio, significantly improved its underwriting capabilities, and driven growth through new products, new territories, and several acquisitions.

Line started his insurance career in 1997, in both Chief Actuary and CUO roles. He recently took over as Chair of the Inclusion at Lloyd’s committee and currently sits on the LMA’s CUO Committee.

Markel shares a supportive history with CFC, working materially across CFC’s MGA’s portfolio since 2019, notably on Transaction Liability and Terrorism.

Until Line joins, Matt Taylor, CFC’s Chief Performance Officer, stepped up as CUO on an interim basis in February 2025.

Louise O’Shea, Chief Executive Officer, CFC Group, commented, “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.

“Markel’s people-powered approach and exceptional customer service align closely with our own culture, this – together with Nick’s commitment to empowering those around him through inclusive leadership – make him a natural fit for CFC.”

Line added, “In 28 wonderful years at Markel, I’ve had the pleasure of working alongside some of the brightest minds and friendliest people in the industry. However, at this point in my career, I’m excited to begin a new chapter in which I can enhance my learning, develop new skills and be challenged in different ways.

“It had to be an exceptional opportunity for me to make a move, and that’s why I’m 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 and the broader team to deliver their vision for continued future success.”

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