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CAC Group Announces Two Key Leadership Appointments: Eric Joost as COO and Grantland Rice, IV as CAO

DENVER (June 22, 2023) — CAC Group, a national insurance brokerage business that includes CAC Specialty, Cobbs Allen, and Dorset Peak, announced today two leadership appointments. Eric Joost, will serve as Chief Operating Officer and Grantland Rice, IV as Chief Administrative Officer. “Throughout their careers, Eric and Grantland have positioned themselves as well-respected leaders within…

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CAC Specialty’s Contingent Risk Group Awarded Business Insurance Innovation Award

DENVER (June 15, 2023) — Business Insurance honored CAC Specialty’s Contingent Risk Group with the 2023 Insurance Innovation award for CAC’s forward-thinking Intellectual Property Portfolio Insurance solution. The awards program, which is in its 14th year, recognizes innovation in products and services provided to professional risk managers. CAC’s Intellectual Property Portfolio Insurance solution, developed by…

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CAC Group Strengthens Financial Resources with Expanded Syndicated Loan

Denver (June 12, 2023) – CAC Group, a national insurance brokerage business that includes CAC Specialty, Cobbs Allen, and Dorset Peak, announced today the successful expansion of its syndicated loan facility, further bolstering its financial resources and strategic growth initiatives. The syndicated loan, led by Wintrust Financial Corporation (“Wintrust”), includes participation from several other financial…

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CAC Specialty’s Wakefield, Regueiro and Cybart Named Rising Stars from Risk & Insurance’s Power Brokers

CAC Specialty, an integrated specialty insurance brokerage offering bespoke insurance and alternative risk financing solutions, is proud to announce three brokers named as Rising Stars by the Risk & Insurance® Power Broker® award program. Risk & Insurance recognizes these brokers, who are 40 years old or younger, for their innovative solutions for clients, industry expertise,…

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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…

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CAC 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. “We consider ourselves very fortunate to welcome Melissa Menard to our team,” said Bruce Denson Jr., president of CAC Specialty and Cobbs Allen. “Melissa’s expertise and experience will be…

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CAC 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…

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Privacy 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…

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CAC Specialty Expands Natural Resources Team with New Account Executive, Vice President Chirag Patel

CAC Specialty, an integrated specialty insurance brokerage, welcomes Chirag Patel as Vice President and Account Executive within the Natural Resources division. Patel brings more than a decade of energy-dedicated insurance experience through a combination of underwriting and retail broker services, most recently serving as a Vice President at Aon with a focus on oil and…

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