CFC Cyber Insurance Firm Eyes £5bn UK Listing

Cyber insurance company CFC is considering a potential UK listing at a valuation of over £5bn ($6.74bn), with discussions ongoing with investment bankers. The company, owned by private equity firms EQT and Vitruvian Partners, is also contemplating listing on alternative exchanges, including the US. Any potential deal is not expected to materialise before the latter half of next year. CFC operates as a managing general agent and offers insurance products that protect companies against various risks, with a customer base of approximately 150,000 and over 950 employees worldwide.