CAC Specialty Elevates Leadership in Transactional Liability Practice, Driving Cutting-Edge Insurance Solutions for Clients
Jan 16, 2024
DENVER, Jan. 16, 2024 — CAC Specialty, a leading insurance brokerage and advisor, announces the promotions of Jordan Tamchin, David Barnes and Andrew Mutter within its Transactional Liability (TL) leadership team. These promotions reinforce the company’s innovative approach to risk management through a combination of insurance and financing.
CAC Specialty’s TL team has pioneered solutions for previously uninsured or underinsured classes of risk. Whether it’s ordinary course tax insurance, insurance wrapping litigation and IP portfolios, or bespoke insurance solutions to facilitate mergers and acquisitions, the team has set the industry benchmark for outstanding service and execution.
“Our expertise and reputation in developing creative insurance solutions for tough placements is unmatched in the industry,” said Michael Wakefield, Executive Vice President and Transactional Insurance Practice Leader. “We continue to deliver best-in-class results for our clients – including new insurance solutions to support lower-cost financings, in the evolving Transactional Liability insurance market.”
Tamchin, previously Senior Vice President (SVP) and founder of CAC Specialty’s Tax Insurance Practice, assumes the role of Executive Vice President (EVP) while continuing to serve as the Tax Insurance Practice Leader. He is an innovator in the tax insurance industry and continues to play an instrumental role in the explosive growth of the tax insurance market.
Barnes, who co-founded and previously co-led CAC Specialty’s Contingent Risk Practice while also maintaining a prominent role in the representations & warranties insurance market, is promoted from SVP to EVP and named the Representations & Warranties Insurance (RWI) Practice Leader. Barnes will continue to play a key role in brokering contingent risk placements and will lead and strategically position CAC Specialty’s RWI Practice across the marketplace.
Mutter, who co-founded and co-led the Contingent Risk Practice, is assuming the role of EVP and Contingent Risk Practice Leader. He will focus on growing contingent revenue, both independent of and alongside financing transactions, building on the momentum of the country’s largest and most credentialed contingent risk team.
“These leaders have built us into the leader of the Transactional Liability space. And, most importantly, they’ve preserved our culture where our teammates love the work we’re doing and working together,” added Wakefield.
About CAC Specialty
CAC Specialty is a leading specialty insurance broker and advisor that provides expertise and placement capabilities across the spectrum of insurance and capital markets. CAC delivers customized solutions for a wide range of risks, serving both large corporations and small-to-medium enterprises. As an employee-controlled company, we house top industry talent dedicated to meeting our clients’ comprehensive risk management needs.
Kelsey Munger, KemperLesnik