CFC names Justin Camara as CEO of US business to accelerate growth

Veteran specialty executive to lead next phase of expansion

CFC names Justin Camara as CEO of US business to accelerate growth

Insurance News

By Gia Snape

Specialist insurer CFC has appointed Justin Camara (pictured) as chief executive officer of CFC USA, strengthening its leadership bench as it pushes ahead with an ambitious expansion strategy in its largest market. 

The London- and New York-based company said Camara will take up the role in the first quarter of 2026, reporting into group CEO Louise O’Shea. He succeeds the interim leadership arrangement put in place earlier this year, when Michael Brunero stepped up as managing director for CFC USA following the departure of Shannon Groeber. 

O’Shea said Camara’s background made him a strong fit for CFC’s next phase of US growth.  

“He brings a wealth of specialty experience and his strong track record of business building makes him a natural fit for the entrepreneurial culture at CFC,” she said, adding that his appointment underlined the group’s commitment to expanding its presence in the US. 

Camara joins CFC from Aspen Insurance Group, where he most recently served as executive vice president and portfolio director for financial and professional liability, overseeing a large specialty portfolio across the US and international markets.  

He has nearly 30 years’ experience in the insurance industry, including senior underwriting leadership roles at Great American, where he helped launch its professional liability division in California, and at Liberty Mutual, where he led professional lines expansion on the US West Coast. He began his career at AIG in New York. 

His move is notable given Aspen’s long-standing relationship with CFC. Aspen has supported CFC’s managing general agent portfolio since 2014 and currently backs 17 of its business lines. 

“I am really excited to join CFC – a group renowned for its innovation agenda, entrepreneurial culture, and customer-centric approach,” Camara said. “US expansion is a priority for the business over the coming years, and I am looking forward to working alongside Louise and the wider leadership team to achieve CFC USA’s big ambitions together.” 

The appointment comes amid a period of rapid international expansion for CFC, which is best known as a pioneer in cyber insurance but has built a diversified specialty platform spanning more than 60 products across 30 lines. The company now operates in 90 countries, with nearly half of its business originating in the US, and has established direct operations across North America, Australia and continental Europe alongside its London headquarters. 

US expansion amid global growth 

As part of its US build-out, CFC has also invested heavily in cyber leadership and distribution.  

Earlier this year, it created a dedicated US cyber development team, appointing John Keebler as national cyber development leader and Morgan Justice as cyber development manager for the western region, alongside New York-based cyber development manager Annie Lyons. The team is designed to provide on-the-ground decision-making and faster turnaround for brokers, reflecting the strategic importance of the US cyber market to the group. 

CFC’s growth has been underpinned by a landmark $1.7bn debt refinancing completed recently, which the company said reduced its cost of capital and provided further firepower for expansion.  

O’Shea has previously said the refinancing reflects strong investor confidence in CFC’s strategy, high-growth track record and financial resilience. 

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