CAC Specialty Hires Cameron Martin, Katie Flynn, and Erica Kasperkowiak to its Rapidly Growing M&A Solutions Group

ATLANTA – GA – September 23, 2020 – CAC Specialty (“CAC”), building on its continued growth and success, announces the addition of Cameron Martin as Senior Vice President to the M&A Solutions Group, Katie Flynn as Senior Vice President to the M&A Solutions Group, and Erica Kasperkowiak, Senior Vice President of the newly created M&A […]

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CAC Specialty Hires Matt Movafaghi to Join its Tax Insurance Practice

DENVER, CO – September 22, 2020 – CAC Specialty announces the expansion of its Tax Insurance Practice with the appointment of Matt Movafaghi, Esq. as Senior Vice President. Most recently, Movafaghi was Senior Tax Counsel for Chevron Corporation, where he was responsible for implementing sophisticated tax planning strategies and advising management on the tax aspects of […]

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CAC Specialty Announces Creation of Natural Resources Specialty Practice and Hiring of Two Key Executives, Lisa Harris and Gary King

HOUSTON, TX – September 21, 2020 – CAC Specialty (“CAC”) is pleased to announce the appointment of Lisa Harris as Executive Vice President of Client Service and Gary King as Executive Chairman for its newly-formed Natural Resources Practice. The Natural Resources Practice will warehouse CAC’s key resources focused on serving clients in the energy, mining, […]

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CAC Specialty/Cobbs Allen named to the Best Places to Work in Insurance list for 2020

Birmingham, AL – Cobbs Allen & CAC Specialty have been named to the Best Places to Work in Insurance list for 2020. The honor demonstrates that Business Insurance recognizes the organizations as a place where employees feel they can thrive and collectively contribute to company growth and success. “Our corporate mission is to always be out front for […]

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Webinar with Dr. Kelley Munger

We are pleased to share our most recent webinar with Dr. Kelley Munger in which she provides insight and suggestions to help reduce anxiety and build resilience during stressful times. We are thankful to share this content will all our employees, colleagues and friends and hope that it provides some guidance as we all strive […]

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E&O and Cyber Midyear Update

  The E&O and Cyber insurance market remains in flux. Most Cyber insurers argue there is a need to correct pricing and retentions, but are pressured by competition and plentiful capacity on programs with less than $250 million of limit. The E&O market segment has been more successful in securing single to low double-digit increases, […]

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Michael Wakefield on Managing Transactional Risk

Michael Wakefield joined other industry leaders in a Financier Worldwide roundtable discussion on Managing Transactional Risk. In the August 2020 Publication, the panelists address how the transactional risk insurance market has continued to innovate amidst the COVID-19 crisis, and particularly how buyers and sellers are relying even more on representation & warranty insurance, tax insurance […]

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CAC Specialty joins forces with the American Red Cross for a SleevesUp Campaign

Community service is a cornerstone of CAC culture.  As a company, CAC Specialty is striving to support our communities through organizations established to help people in need. In conjunction with the American Red Cross, we have organized a “SleevesUp” campaign. We work together every day to do important work, but today, we want to accomplish […]

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Bain Head named to 2020 Elite Women

Congratulations! We are proud to announce that CAC Specialty’s Bain Head and Cobbs Allen’s Marye Beasley Kohn have been named to Insurance Business America’s Elite Women for 2020. According to IBA, this year’s Elite Women are not just dedicated to the insurance industry – they are shining a light for future generations of insurance professionals […]

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Alternative Products & Structured Solutions Webinar: 6/11

Please join us on Thursday, June 11th for a webinar on Alternative Products & Structured Solutions. Standard insurance markets and products do not always provide acceptable risk management solutions for all risk, but that does not necessarily mean that those risks are not candidates for efficient risk transfer. Industry veterans from Zurich Insurance Company and […]

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CAC Specialty launches a strategic partnership with Liberty Advisor Group

Denver, CO – May 21, 2020 – CAC Specialty, an integrated specialty insurance brokerage and investment banking business, announced today a strategic partnership with Liberty Advisor Group, a premier consulting firm. Together, Liberty Advisor Group and CAC Specialty are creating a leading-edge solution for insurance clients.  This solution will enhance CAC Specialty’s dedication to client […]

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CAC Specialty Announces Addition of Eric Joost as EVP Chief Technology & Global Markets Officer

DENVER, CO – May 20, 2020 – CAC Specialty announced today the addition of Eric Joost as Executive Vice President and Chief Technology & Global Markets Officer. Joost comes to CAC Specialty with more than 30 years of diverse industry expertise over a wide range of insurance products, markets and client segments. Alongside, Joost delivers […]

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News & Views: Issue 1, 2020

Welcome to CAC Specialty’s latest edition of News & Views, a publication covering legal news, developments, and trends in executive, employment, crime, and cyber liability. As this document “goes to print,” the United States and the entire world are feeling both the physical and financial impacts of COVID-19. CAC Specialty is closely monitoring the virus […]

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Welcome to our new blog, CAConnect!

We are excited to announce our new Blog! Our goal is to provide periodic thoughts and musings on the impact COVID-19 is having on the insurance marketplace as a whole, and more specifically on the management and professional liability space. Where appropriate, we will do our best to add some levity as well. As we […]

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CAC Specialty Announces Addition of Edward Krayer to M&A Solutions Team

DENVER, CO – April 2, 2020 – CAC Specialty announced today the addition of Edward (Ed) Krayer as a Senior Vice President in CAC Specialty’s M&A Solutions team. Krayer comes to CAC Specialty with more than 14 years of experience in the industry and as a specialist in supporting private equity sponsors in the Northeast. […]

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CAC Specialty Expands Property and Casualty Service Offerings with Addition of Loss Control and Claims Advocates

DENVER, CO – March 27, 2020 – CAC Specialty continues to expand its service offerings in the property and casualty arena, announcing today the addition of Robert (Bob) Trinkleback, Leader of Property and Casualty Loss Control, and Jonathan (Jon) Goodier, Vice President – Property and Casualty Claims Advocate. “Bob and Jon are outstanding additions to […]

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D&O Insurance and the Coronavirus (COVID-19): Key Issues & Talking Points

As we grapple with the human and personal effects of COVID-19, the pandemic is forcing companies and their directors and officers to closely examine risks related to the virus and potential insurance that may be applicable to sustained losses. CAC Specialty’s Financial Lines Practice answers your frequently asked D&O insurance questions. As was the case […]

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COVID-19 Pandemic Considerations for Transactional Liability Insurance

The impacts of the pandemic resulting from the coronavirus disease (COVID-19) have created unprecedented uncertainty and turbulence across the globe. Our highest priority – as a society, an industry, a company, and individuals – should be doing our part to stop the virus’s spread. But within the context of our work as Transactional Liability Insurance […]

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A WIN For Corporate Filers

Delaware Supreme Court Decision Validating Federal Forum Provisions in Certificates of Incorporation is a Win for Issuers and the D&O Insurance Marketplace On March 18, 2020, a very important decision was handed down in the Delaware Supreme Court. The case, Matthew B. Salzburg et al. v. Matthew Sciabacucchi, involved three companies (Blue Apron Holdings, Inc., […]

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A Roadmap to Finding and Negotiating Pollution Coverage for Covid-19

As we grapple with the human and personal effects of COVID-19, the pandemic is forcing companies to closely examine their corporate insurance programs to determine where, if at all, coverage can provide some relief to the economic losses that COVID-19 will cause. One of the best places to start is by reviewing your pollution legal […]

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CAC Specialty and Fortress Equipped to Provide Financing Amid COVID-19 Impacts

CAC Specialty, through its strategic relationship with Fortress, is equipped to provide financing for CAC clients facing liquidity pressure due to the direct and indirect impact from COVID-19 DENVER, CO – March 18, 2020 – CAC Specialty previously announced the formation of a strategic relationship with funds managed by affiliates of Fortress Investment Group LLC […]

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CAC Specialty Broker Grant Nichols Recognized as a 2020 Environmental Power Broker

We are thrilled to announce that our own Grant Nichols was named a 2020 Power Broker by Risk & Insurance. Grant joined CAC Specialty’s environmental group in 2019 and brings over fifteen years of experience in crafting risk management solutions for business issues, both as an attorney and as an insurance broker. Specializing in environmental […]

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Insurers Looking For Slight Increases After Several Quarters of Decreasing Price and Increasing Coverage

Continued market hardening in all lines of coverage, most notably in Directors & Officer’s liability, has created a market dynamic where Cyber insurers may begin to seek modest rate increases across their portfolios in 2020 and 2021. While we expect most of our strategic insurer partners to differentiate clients and not paint all customers with […]

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CAC Specialty Announces Appointment of Carrie O’Neil as Senior Vice President

DENVER, CO – March 9, 2020 – CAC Specialty is pleased to announce the appointment of Carrie O’Neil as Senior Vice President in its Financial Lines Legal and Claims Practice. O’Neil joins CAC with experience on both the brokerage and insurer sides of the insurance industry. Most recently, O’Neil was a Senior Vice President at […]

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Representation & Warranty Market Update – Q1 2020

Download and review our Q1 2020 newsletter. Contents include: RWI growth in 2019 Range of Deal Sizes Expands Energy Healthcare Cannabis View PDF

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D&O Price Increases Accelerate in the First Two Months of 2020

Premiums for Directors & Officers liability insurance have generally been increasing for the last 18 months. Primary premiums have increased gradually, approximately 3 – 5% each quarter over the last 5 quarters, though on an annual basis the compounded increase is more dramatic. For companies with no adverse development in their risk profile, primary premiums […]

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CAC Specialty Expands Environmental Practice Group with Addition of John Kim

SAN FRANCISCO, CA – February 18, 2020 – CAC Specialty is pleased to announce the appointment of San Francisco-based John Kim as Senior Vice President within its Environmental Practice Group. With more than 25 years’ experience in the environmental space, John brings an added depth to the Environmental Practice Group – that of a senior-level […]

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CAC Specialty and Cobbs Allen Announce Chris Trotter as Chief Financial Officer

CAC Specialty and Cobbs Allen are pleased to announce the appointment of Chris Trotter as Chief Financial Officer and member of the Executive Committee for both firms. In his new role, Trotter will oversee the financial operations of both CAC Specialty and Cobbs Allen, lead the Capital Markets efforts of both companies, liaise with financial […]

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CAC Specialty Expands Private Equity Focus with Addition of Ned Murphy and Dan Lehmann

CAC Specialty continues to expand its M&A Solutions specialty with the additions of Ned Murphy and Dan Lehmann. Both Murphy and Lehmann join as Senior Vice Presidents with a focus on business development and client service. In their roles, Murphy and Lehmann will work closely with CAC’s M&A Solutions team and Investment Banking platform, focusing […]

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CAC Specialty Announces U.S. Vendor Management E&O and Cyber Facility

Technology and cyber risks have become a major factor in vendor management for all companies across all industries.  As our world becomes increasingly interconnected and dependent upon outside third parties to underpin key components of the development, creation, and delivery of goods and services, the inherent risk of a supply-chain or vendor-based technology incident will […]

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Professional Liability Practice Press Release

Download the Professional Liability and Cyber Practice Group press release from TheInsurer.com

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CAC Specialty Hires Jordan B. Tamchin to Lead its Tax Insurance Practice

CAC Specialty announces the expansion of its Transactional Liability Practice with the appointment of Jordan B. Tamchin, Esq. as Senior Vice President and leader of its Tax Insurance Practice. Most recently, Tamchin was Vice President, Tax Insurance Counsel for Concord Specialty Risk, a part of Ryan Specialty Group’s RSG Underwriting Managers, where he underwrote a […]

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News and Views Newsletter: Dec, 2019

Download and review our December 2019 “News & Views” newsletter. Contents include: Mandatory arbitration provisions in erisa class actions Delaware supreme court: What is a “Securities Claim?” California supreme court: Notice-prejudice rule overrides choice-of-law provision 10 ways to screw up your insurance recovery

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CAC Specialty Establishes a Leading Specialty Environmental Risk and Insurance Group

CAC Specialty is pleased to announce the appointment of Gregory Schilz as Executive Vice President to lead the firm’s newly-formed Environmental Practice Group, along with Senior Vice Presidents Grant Nichols and Brian Lu. The group is a national practice focused on crafting risk management solutions for clients who own, purchase, develop, and operate properties and […]

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CAC Specialty Establishes Strategic Relationship with Fortress Investment Group

CAC Specialty, a first-of-its-kind platform combining insurance brokerage, investment banking and structured finance capabilities, today announced the formation of a strategic relationship with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The strategic relationship with Fortress, which previously provided financing for the formation of CAC Specialty will allow CAC Specialty to support the […]

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CAC Specialty Hires Chelley Schaper to Lead Real Estate Practice

CAC Specialty is pleased to introduce Chelley Schaper as our newest Senior Vice President. Schaper brings more than 20 years of experience, including 16 years at Lockton working with complex risk accounts, with a specialization in the real estate industry. Most recently, Schaper founded a technology platform for the health and wellbeing company, ActiveSoul, Inc, […]

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CAC Specialty Welcomes Brad Elliott as Senior Vice President

CAC Specialty is pleased to welcome Brad Elliott to the team as Senior Vice President and Team Leader. Elliott’s focus will be on the full spectrum of risk solutions to solve clients’ complex risk challenges. “As CAC Specialty continues to grow, we remain committed to being the broker of choice for the top talent in […]

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CAC Mentioned in Business Insurance

CAC Specialty was recently recognized by Business Insurance. Several insurers and brokers attending the Insurance Leadership Forum in Colorado Springs, Colorado, last week were launching and promoting new strategies and services to executives at the meeting. Recently launched units, expansion of underwriting areas and efforts to streamline business processes were all discussed during private meetings […]

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CAC Specialty Announces Financial Sponsors Group

CAC Specialty today announced its newly-formed Financial Sponsors Group (“FSG”), a dedicated team providing insurance and capital market solutions to the private equity community. “We couldn’t be more excited to launch FSG,” said Mike Rice, CAC Specialty’s CEO. “We are fully committed to bringing together the best talent in the industry to serve our financial […]

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News and Views Newsletter: Oct, 2019

Download and review our Octoberr 2019 “News & Views” newsletter. Contents include: Appraisal actions are ‘securities claims’ under D&O policies No coverage for class action alleging ‘related wrongful acts’ D&O policy’s bankruptcy exclusion is a prohibited ipso facto clause Fifth Circuit rules securities exclusion bars coverage for sellers’ alleged misrepresentations D&O coverage precluded by health […]

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CAC Specialty Appoints André S. Eichenholtz to Lead Portfolio Solutions Group

CAC Specialty announces the appointment of André S. Eichenholtz as the leader of its Portfolio Solutions group. Eichenholtz brings over 30 years of brokerage experience and has built two successful private equity M&A practices prior to joining CAC Specialty. He was formerly the Head of M&A Diligence and Placement at JLT Specialty. Prior to that, […]

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CAC Specialty Appoints Michael D. Rice II as Chief Executive Officer

CAC Specialty, the industry’s only integrated specialty insurance brokerage and investment banking business, today announced the appointment of Michael D. Rice II as its Chief Executive Officer. Rice brings more than 25 years of experience in the brokerage industry. Most recently, he served as the founding Chief Executive Officer and Executive Chairman of JLT Specialty […]

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CAC Specialty Announces the Appointment of Colin Daly to Co-Lead Financial Lines Practice

CAC Specialty is pleased to announce the appointment of Colin Daly as Executive Vice President and co-leader of CAC Specialty’s Financial Lines Practice (FLP). Daly comes to CAC Specialty from JLT Specialty US, where, as a founding member, he helped shape the US business and, in particular, formed and grew the Financial Lines Group nationally. […]

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CAC Specialty Announces Appointment of Jennifer Schaeffer as Senior Vice President

CAC Specialty, a specialty insurance brokerage and investment banking platform bringing bespoke insurance solutions to public and private corporations and private equity sponsors, is pleased to announce the appointment of Jennifer Schaeffer as Senior Vice President. Schaeffer will anchor West Coast business development efforts to accelerate growth and improve customer coverage. “We are thrilled to […]

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Cobbs Allen Forms CAC Specialty to Serve Corporates and Private Equity Sponsors

Cobbs Allen today announced the formation of CAC Specialty, a specialty insurance brokerage and investment banking platform that will bring bespoke insurance solutions to public and private companies and private equity sponsors. CAC Specialty represents the next wave in the long-term convergence of insurance and capital markets by combining structured finance solutions with insurance broking […]

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CAC Specialty Launches to Serve Corporates and Private Equity Sponsors

Cobbs Allen today announced the formation of CAC Specialty, a specialty insurance brokerage and investment banking platform that will bring bespoke insurance solutions to public and private companies and private equity sponsors. CAC Specialty represents the next wave in the long-term convergence of insurance and capital markets by combining structured finance solutions with insurance broking […]

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Cobbs Allen Announces Continued Expansion with Hiring of David Payne

Cobbs Allen announces the continued expansion of its insurance brokerage team with the addition of David Payne. Payne will join the leadership team that is building a national specialty platform focused on providing complex risk solutions for corporate and private equity clients. Payne most recently served as Chief Revenue Officer at JLT US, where he […]

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Cobbs Allen Announces Hiring of Sparks and Sonderman and Creation of Specialty Insurance Brokerage Business

Cobbs Allen announces the hiring of industry veterans Paul Sparks and Darren Sonderman to lead a new venture in the growing Cobbs Allen portfolio. Sparks and Sonderman each bring over 25 years of experience gained from founding and leading the Financial Services Division of McGriff, Seibels & Williams, Inc. The new venture is focused on […]

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