Archive for April 2023
CAC Specialty Continues to Expand New Healthcare Division, Announcing Karmanee Governor as Senior Account Executive
This week, CAC Specialty, an integrated specialty insurance brokerage, bolstered its healthcare division’s trajectory by announcing Karmanee Governor as senior account executive. The strategic move underscores CAC Specialty’s commitment to building a nationwide healthcare division as it continues to expand its footprint in this critical sector. “We are thrilled to welcome Karmanee—a longstanding veteran of…
Read MoreCAC Specialty Expands New Healthcare Division with Melissa Menard, Executive Vice President
CAC Specialty, an integrated specialty insurance brokerage, announced the addition of Melissa Menard as executive vice president to its newly formed and rapidly expanding healthcare division. Menard will lead the division alongside executive chairman Kevin Carnell. “We consider ourselves very fortunate to welcome Melissa Menard to our team,” said Bruce Denson Jr., president of CAC…
Read MoreCAC Specialty Secures Strong Natural Resources Addition; John Ritter as Senior Vice President, Risk Control
CAC Specialty, an integrated specialty insurance brokerage, welcomes John Ritter as a Senior Vice President, Risk Control, for CAC Specialty’s Natural Resources practice group. Ritter brings 34 years of industry experience and a wealth of knowledge in risk control, construction, mining, and oil and gas industries. He most recently served as the Senior Vice President…
Read MorePrivacy Risk: Open-Source Artificial Intelligence/Machine Learning
Recently, employees of Samsung were reported to have exposed internal confidential corporate information, including meeting documents and source code, via their use of ChatGPT. Many people continue to experiment with new artificial intelligence/machine learning (AI/ML) tools like ChatGPT, especially the 4.0 version. While there is a lot of potential to create greater efficiencies in the…
Read MoreEntering Financial Hurricane Season
The official start of Hurricane Season isn’t until June, but it may be more than the Southeast that’s facing a storm this summer and fall. With interest rates expected to peak over the next two months1 , we may start to see the collateral effects of bringing down inflation come through… When recessions occur, they…
Read MoreCAC Specialty Formally Launches Healthcare Division, Appointing J. Kevin Carnell as Executive Chairman
CAC Specialty, an integrated specialty insurance brokerage, announced the formal launch of its healthcare division this week. The addition will enhance the senior living practice CAC Specialty launched earlier last year as the first installation of its ambitious bid to build a nationwide healthcare-specific risk advisory division. Recognizing the increasing centrality healthcare organizations play in…
Read MoreEnergy Challenges: Battery Energy Storage
Renewable Energy Project Risk & Insurability in a Turbulent Insurance Market One of the most exciting technological developments of recent years is the rapid expansion and use of battery energy storage systems (BESS) to enhance traditional power generation and renewable energy projects while providing grid stability. The global battery energy storage market is projected to…
Read MoreCAC Connect Podcast: Making the Claim for DE&I
Aliyah Bradford, a member of the CAC Specialty and Cobbs Allen HR Team and Co-Leader of the DE&I committee interviews Michael Rice, the CEO of CAC Specialty, about the state of DE&I in the insurance industry. Michael discusses his evolving understanding of DE&I and CAC Specialty’s steps to address these issues.
Read More4: Making the Claim for DE&I with CEO Michael Rice
Aliyah Bradford, a member of the CAC Specialty HR Team and Co-Leader of the DE&I committee interviews Michael Rice, the CEO of CAC Specialty, about the state of DE&I in the insurance industry. Michael discusses his evolving understanding of DE&I and CAC Specialty’s steps to address these issues. Featuring: Michael Rice, CEO of CAC Specialty…
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