CAC Specialty announces the launch a new office in Knoxville, Tenn. The new office in Knoxville will house the company’s expanded Natural Resources Division (CAC NR), which includes CAC Specialty’s Mining division.

Along with the new office, CAC Specialty is proud to announce the hire of Executive Vice President for Commercial Surety at CAC Specialty Natural Resources in Knoxville, Tenn., Tracy Tucker. Mr. Tucker has more than 30 years of experience in the insurance industry, working in production and servicing, underwriting, reinsurance, claims mitigation and credit rating for mining and mining related companies. He has worked with non-U.S. regulatory ministries and agencies to use surety as an acceptable form of financial assurance. Along with his responsibilities with CAC Specialty, he is also an officer and board member for a specialty insurer concentrated on surety, where he interfaces with credit rating agencies, regulatory authorities, and reinsurers.

“We are proud to have expanded our presence in Knoxville with the opening the new office space,” said Gary King, executive chairman of CAC Specialty Natural Resources. “We have a great group of mining and natural resources specialists that live in Knoxville and enjoy the lifestyle it offers. Since the New Year, we have welcomed five new additions including Tracy, which will continue to hep service our clients globally and propel us to one of the top brokerage firms in the U.S.”

About CAC Natural Resources

Natural resource companies face challenges in the markets they serve & in the courts of public opinion. They need partners with a deep knowledge of these specialized industries to guide them through this landscape. CAC’s Natural Resource division delivers this precise navigation. We offer clients technical expertise, comprehensive planning & informed decision-making to secure dynamic & cost-effective insurance programs. We are a fiercely independent broker with no corporate conflicts that compete with our clients’ best interests. We act locally but work globally to provide comprehensive, innovative, & durable insurance solutions.

About CAC Specialty

CAC Specialty is an integrated specialty insurance brokerage and investment banking business focused on providing structuring expertise and placement capabilities across the spectrum of insurance and alternative capital markets. We serve large corporates, SMEs, private equity, and other alternative fund managers.

www.cacspecialty.com