CAC Specialty establishes an Analytics Practice with appointment of Nathan BasemanOctober 13th, 2020
DENVER, CO – October 13, 2020
CAC Specialty announces the establishment of its Analytics Practice with appointment of Nathan Baseman as Senior Vice President and Analytics Practice Leader.
Most recently, Baseman was Director of Analytics for Lockton Companies, where he was responsible for strategy, research and planning for a national analytics teams that spanned both benefits and property and casualty.
In his role at CAC, Baseman will partner alongside all the existing analytic activity and lead the extension of firmwide capabilities around topics including catastrophe modeling, claims analytics, captive assessment, collateral requirements, claim / loss trending, insurance program optimization and client data visualizations.
In commenting on the appointment Baseman said, “In just over a year CAC Specialty has staked out clear positions serving clients that by their very nature have complex risks, are facing extremely difficult choices or simply prefer the combination of deep experience anchored by analytics. I’m very excited for the opportunity to join this forward-thinking firm and contribute to helping clients and colleagues better understand the choices they have around risk management and insurance.”
Prior to Lockton, Baseman served as an actuary at BMS Group and before that with several insurance organizations where his work spanned the connection between effective catastrophe modeling reinsurance buying optimization, pricing actuary activity, and helping lead client interactions.
“From day one at CAC Specialty we have partnered with clients first through the lens of industry and product experience which includes quantitative understanding of risk. Our belief is that highly motivated, experienced team-oriented colleagues working together combined with unique analytical and modern digital capabilities offer clients a clear choice in a consolidating market” said Eric Joost, Chief Technology and Global Markets Officer.
“We are thrilled to add Nate to our team and look forward to his leadership of our analytics work but perhaps more importantly his ability to bring analytic output to life and into impactful actions for the benefit of risk managers, treasurers, finance officers and general counsels” said Mike Rice, CEO.