---
title: "CFC vs Newfront D&O Insurance"
description: "CFC’s D&O package declines US public companies; Newfront brokers private and public D&O plus Side A DIC, with a dashboard and IPO, deSPAC or direct-listing process."
canonical: "https://spot.insure/compare/cfc-vs-newfront/directors-officers"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

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[Human-readable page](https://spot.insure/compare/cfc-vs-newfront/directors-officers)

# CFC vs Newfront D&O Insurance

CFC’s D&O package declines US public companies; Newfront brokers private and public D&O plus Side A DIC, with a dashboard and IPO, deSPAC or direct-listing process.

## Research Scope and Use

Use this comparison to evaluate CFC and Newfront for D&O Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

CFC includes D&O inside its US Management Liability package and lists US publicly traded companies and California-domiciled business among declined risks, while selling Side A DIC separately. Newfront’s Executive Risk practice brokers private and public D&O and Side A DIC, describes 24/7 dashboard access, and outlines a process for private companies going public through an IPO, deSPAC or direct listing. [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [12](https://www.newfront.com/executive-risk "Executive Risk")

## What Is CFC Insurance?

CFC provides specialty insurance through an MGA model, with technology products for startups through multinational businesses. Its U.S. technology materials describe combined liability and cyber protection, while California eligibility requires product-specific confirmation. [1](https://www.cfc.com/en-us/company/ "About CFC") [2](https://www.cfc.com/en-us/products/industry/technology/ "Technology") [3](https://webcdn.cfc.com/media/ywdbvkpy/technology_product-brochure_us_0525_v2.pdf "Technology — United States product brochure") [4](https://www.cfc.com/en-us/support/regulatory-information/ "Regulatory information")

[CFC profile](https://spot.insure/insurance-providers/cfc)

## What Is Newfront?

Newfront is a business-insurance and employee-benefits brokerage that combines specialist teams with online policy-management tools. It is now part of WTW. [8](https://www.newfront.com/business-insurance "Business Insurance") [9](https://www.newfront.com/total-rewards "Employee Benefits") [10](https://www.newfront.com/navigator "Newfront Navigator") [11](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront "WTW Completes Acquisition Of Newfront")

[Newfront profile](https://spot.insure/insurance-providers/newfront)

## What Is Directors and Officers Insurance?

Directors and officers liability insurance addresses covered claims alleging wrongful acts in managing an organization. [13](https://www.thehartford.com/business-insurance/glossary-of-business-insurance-terms "Glossary of Business Insurance Terms")

## Key Differences in D&O Insurance

### Package Versus Broker Placement

CFC’s directors and officers cover is inside its US Management Liability package. Newfront’s Executive Risk practice brokers D&O and does not name the issuing insurer on the reviewed materials. [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") [12](https://www.newfront.com/executive-risk "Executive Risk")

A CFC quote is the package module. A Newfront quote is a placement whose carrier is named only on the quote. [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") [12](https://www.newfront.com/executive-risk "Executive Risk")

### Public Companies and Going Public

Newfront says it services private companies from seed through later funding and has worked with publicly traded companies on D&O-relevant matters, and it describes a process for private companies going public through an IPO, deSPAC or direct listing. CFC lists US publicly traded companies among declined risks for the package that carries this D&O. [12](https://www.newfront.com/executive-risk "Executive Risk") [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure")

If you are already public or about to list, Newfront describes that work. CFC’s package lists US public companies among declines, so the package itself may not be available. [12](https://www.newfront.com/executive-risk "Executive Risk") [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure")

### Side A DIC

Newfront lists Side A DIC among Executive Risk key coverages. CFC separately sells Side A DIC as excess above an existing D&O program. [12](https://www.newfront.com/executive-risk "Executive Risk") [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability")

Both describe extra protection for individuals above primary D&O. Confirm on each quote which carrier issues that layer and how it sits over the primary form. [12](https://www.newfront.com/executive-risk "Executive Risk") [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability")

## What to Confirm in D&O Insurance Quotes

- Ask Newfront whether the quote is private D&O, public D&O or Side A DIC, and which carrier would issue it. [12](https://www.newfront.com/executive-risk "Executive Risk")
- Ask CFC whether US-public status or California domicile blocks the package. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure")
- Compare how each Side A DIC product would sit above primary D&O. [12](https://www.newfront.com/executive-risk "Executive Risk") [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability")
- Ask CFC for the additional insured-persons dollar amount. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure")

## Offering Details

| Criteria | CFC Directors & Officers Liability | Newfront Directors and Officers (D&O) Insurance |
| --- | --- | --- |
| Role in This Line | CFC includes directors and officers liability inside its US Management Liability package rather than selling it as a standalone product. It separately sells Side A DIC, an excess policy that sits above a company's existing D&O program. [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: CFC's management-liability product page and brochure; package composition as CFC describes it..) | Newfront's Executive Risk practice brokers D&O coverage, negotiating placement for management-liability lines. Deirdre Finn, the Executive Risk Solutions Practice Leader, oversees this D&O, employment-practices and fiduciary book of business. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk offering page and Leadership section..) |
| Issuing Insurer | CFC's regulatory page discloses CFC Underwriting Limited's FCA authorization and CFC's Lloyd's Syndicate 1988, managed by Asta Managing Agency Ltd, but neither the regulatory page nor the management-liability brochure names the carrier or syndicate that would issue a given US D&O policy. [4](https://www.cfc.com/en-us/support/regulatory-information/ "Regulatory information") [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Not publicly disclosed; scope: Regulatory information page and brochure as read on 2026-09-23..) | The reviewed Executive Risk page does not name the insurer or insurers that would issue a D&O policy placed through Newfront. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23; carrier depends on the specific placement..) |
| Who It’s For | CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this D&O coverage. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: Brochure's 'What we decline' list; underwriting still applies to any individual business..) | Newfront says it services private companies "from seed round through every series of capital funding," including over 120 unicorn companies, and has worked with over 500 publicly traded companies on D&O-relevant matters such as M&A and IPOs. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Here for the Long Run section; company-reported client counts, not independently verified..) |
| Coverage Features | CFC says its directors and officers cover includes protection for the entity itself and aims to prevent directors and officers from having to sell personal assets to pay defense costs. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: Brochure's 'Directors and officers cover' description; the issued policy wording determines actual entity and Side B/C coverage terms..)<br><br>CFC's brochure lists an additional limit for insured persons as part of the directors and officers liability section, on top of the package's base limit. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: Brochure's 'What else is in the policy?' list; the dollar amount of that additional limit is not stated on the reviewed pages..)<br><br>CFC separately offers Side A DIC (difference in conditions), which it describes as excess coverage for directors and officers of private and publicly traded organizations, sitting above the primary management-liability D&O cover. [5](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") (Evidence: Company-reported; scope: Management-liability product page; Side A DIC has its own brochure that was not opened for this record, so its terms are not otherwise described here..) | Newfront lists "Directors and Officers (D&O)—Private and public companies" and "Side A DIC D&O" among its Executive Risk Key Coverages, and says its D&O work includes protection against securities-related litigation and regulatory investigations. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Key Coverages list and Committed to Client Advocacy section; Side A DIC is a difference-in-conditions option, and actual trigger and exclusions require the proposed wording..) |
| Limits and Retentions | The reviewed brochure does not publish a specific dollar limit, retention, or the size of the additional insured-persons limit for D&O. Those figures appear only on the quote and declarations. [6](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Not publicly disclosed; scope: Brochure as read on 2026-09-23..) | The reviewed Executive Risk page does not publish D&O limits or retentions. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23..) |
| Risk Services | Not described in the reviewed sources. | Newfront says clients get 24/7 access to their D&O program through its connected dashboard, and that renewals use automated, pre-populated historical data for faster submissions and approvals. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Industry-Leading Technology section of the Executive Risk page..) |
| How to Apply | Not described in the reviewed sources. | Newfront describes a process for private companies transitioning to public status through an IPO, deSPAC or direct listing, and you start a D&O placement by requesting a consultation through the Executive Risk page. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Committed to Client Advocacy section and page call-to-action; no online quoting or binding described..) |
| Claims Support | CFC provides a US claim-notification route by phone, email and online form, and says a dedicated claims adjuster manages a claim from notification through resolution. [7](https://www.cfc.com/en-us/claims/ "Claims") (Evidence: Company-reported; scope: Claims page as read on 2026-09-23; not specific to D&O claim outcomes or timing..) | Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a D&O claim. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: The Newfront Difference section; described across Executive Risk lines, not a D&O-specific claims workflow..) |

## Full Comparison

- [CFC vs Newfront](https://spot.insure/compare/cfc-vs-newfront): all coverage lines, business roles, service and claims.
- [What Is Directors and Officers Insurance?](https://spot.insure/coverage/directors-officers): Directors and officers insurance can help pay for covered claims against company leaders over decisions they make in running the business.
- [CFC vs Newfront Commercial Property Insurance](https://spot.insure/compare/cfc-vs-newfront/commercial-property)
- [CFC vs Newfront Crime Insurance](https://spot.insure/compare/cfc-vs-newfront/crime)
- [CFC vs Newfront Cyber Insurance](https://spot.insure/compare/cfc-vs-newfront/cyber)
- [CFC vs Newfront Employment Practices Liability Insurance](https://spot.insure/compare/cfc-vs-newfront/employment-practices)
- [CFC vs Newfront General Liability Insurance](https://spot.insure/compare/cfc-vs-newfront/general-liability)
- [CFC vs Newfront Management Liability Insurance](https://spot.insure/compare/cfc-vs-newfront/management-liability)
- [CFC vs Newfront Product Liability Insurance](https://spot.insure/compare/cfc-vs-newfront/product-liability)
- [CFC vs Newfront Product Recall Insurance](https://spot.insure/compare/cfc-vs-newfront/product-recall)
- [CFC vs Newfront Professional Liability (E&O) Insurance](https://spot.insure/compare/cfc-vs-newfront/professional-errors-omissions)
- [CFC vs Newfront Representations and Warranties Insurance](https://spot.insure/compare/cfc-vs-newfront/representations-warranties)
- [CFC vs Newfront Tech E&O Insurance](https://spot.insure/compare/cfc-vs-newfront/technology-errors-omissions)
- [CFC vs Newfront Telehealth Insurance](https://spot.insure/compare/cfc-vs-newfront/virtual-care-telehealth)
- [CFC vs Newfront Umbrella and Excess Liability Insurance](https://spot.insure/compare/cfc-vs-newfront/umbrella-excess)
- [Alliance Risk vs CFC D&O Insurance](https://spot.insure/compare/alliance-risk-vs-cfc/directors-officers)
- [Alliance Risk vs Newfront D&O Insurance](https://spot.insure/compare/alliance-risk-vs-newfront/directors-officers)
- [Amelia Risk vs CFC D&O Insurance](https://spot.insure/compare/amelia-risk-vs-cfc/directors-officers)
- [Amelia Risk vs Newfront D&O Insurance](https://spot.insure/compare/amelia-risk-vs-newfront/directors-officers)
- [Beazley vs CFC D&O Insurance](https://spot.insure/compare/beazley-vs-cfc/directors-officers)
- [Beazley vs Newfront D&O Insurance](https://spot.insure/compare/beazley-vs-newfront/directors-officers)

## Sources

### CFC

1. [About CFC](https://www.cfc.com/en-us/company/). CFC; Matt Taylor biography: independent MGA and Syndicate 1988. Accessed 2026-09-16.
2. [Technology](https://www.cfc.com/en-us/products/industry/technology/). CFC; Introduction; Technology key features; Digitally traded. Accessed 2026-09-16.
3. [Technology — United States product brochure](https://webcdn.cfc.com/media/ywdbvkpy/technology_product-brochure_us_0525_v2.pdf). CFC; Page 1: coverage sections, including Products and services liability; Response app highlights; Limits and deductibles. Accessed 2026-09-16.
4. [Regulatory information](https://www.cfc.com/en-us/support/regulatory-information/). CFC; CFC Underwriting Limited; CFC Lloyd's Syndicate 1988. Accessed 2026-09-23.
5. [Management liability](https://www.cfc.com/en-us/products/class/management-liability/). CFC; Our management liability products: Management liability, Side A DIC. Accessed 2026-09-23.
6. [Management liability — United States product brochure](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf). CFC; Directors and officers cover; At a glance: What we like; What we decline; What else is in the policy?. Accessed 2026-09-23.
7. [Claims](https://www.cfc.com/en-us/claims/). CFC; Notify a claim or cyber incident; We're in it with you. Accessed 2026-09-23.

### Newfront

8. [Business Insurance](https://www.newfront.com/business-insurance). Newfront; Purpose-Built Team; Full Transparency; Streamlined Program Management. Accessed 2026-09-15.
9. [Employee Benefits](https://www.newfront.com/total-rewards). Newfront; Employee Benefits heading; Tailored Solutions; Comprehensive Expertise: Benefits, Global Benefits, Compensation and Retirement. Accessed 2026-09-16.
10. [Newfront Navigator](https://www.newfront.com/navigator). Newfront; Total Access. Real Confidence; Explore What You Can Do in Navigator; product demonstration image. Accessed 2026-09-15.
11. [WTW Completes Acquisition Of Newfront](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront). WTW; 27 January 2026 release; completion announcement and allocation of Business Insurance and Total Rewards to WTW segments. Accessed 2026-09-15.
12. [Executive Risk](https://www.newfront.com/executive-risk). Newfront; Key Coverages to Protect Your Business: Directors and Officers (D&O)—Private and public companies, Side A DIC D&O; Here for the Long Run: Private Companies, IPOs, Public; Leadership: Deirdre Finn; Industry-Leading Technology. Accessed 2026-09-23.

### D&O Insurance Guide

13. [Glossary of Business Insurance Terms](https://www.thehartford.com/business-insurance/glossary-of-business-insurance-terms). The Hartford; Directors and Officers Liability Insurance; Errors and Omissions Insurance; Employment Practices Liability Insurance. Accessed 2026-09-16.

Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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