CAC’s Contingent Risk team is one of the industry’s leading providers of contingent and litigation insurance, helping companies manage, transfer, and protect against litigation-related exposures. The firm’s Contingent Risk team has placed over $6.5B in insurance limits in the contingent risk space. With England and Wales being one of the most developed markets in Europe for litigation insurance, claimants, class representatives, corporates, law firms, and other advisors continue to seek innovative insurance solutions to help meet their evolving needs as the global risk landscape becomes more complex.

Andrew Mutter, EVP, Head of Contingent Risk Insurance at CAC, part of The Baldwin Group said: “Our clients’ investments and exposures are global in scope and nature. CAC’s expansion into Europe cements our position as a global one-stop-shop for advising clients and executing on the full array of contingent solutions, including After The Event insurance (ATE), Capital Protection Insurance (CPI), law firm insurance backed financing solutions, secondary market trade coverage, and Adverse Judgement Insurance (AJI). Nick brings a unique perspective having worked as a lawyer, litigation funder, and insurance broker, which is exactly the expertise needed to lead our expansion at a time when demand for sophisticated, cross-jurisdictional insurance solutions across the UK and Europe has never been greater.”

According to industry reports, current estimates suggest the UK litigation funding market deploys approximately £400 to £650 million in gross written premiums annually, and the ATE market in the UK is estimated to generate approximately £200–£275 million in gross written premiums.

Michael Wakefield, EVP, Transactional Liability Practice Leader at CAC, part of The Baldwin Group, commented: “Building on our established Contingent Risk practice in the US by expanding into the UK and Europe marks an important milestone in CAC’s ambition to serve clients wherever their litigation and contingent risk exposures arise. Combined with our Representations & Warranties and Tax Insurance capabilities in the US, and the strong partner relationships that support those lines internationally, we can offer clients a comprehensive Transactional Liability solution regardless of where they operate. The UK is the right place to anchor this expansion, and Nick’s appointment reflects the high caliber of talent we are committed to attracting.”

Nick Moore, SVP and Head of the London Contingent Risk Office at CAC, part of The Baldwin Group adds: “I am joining CAC at a pivotal strategic growth moment. The UK’s sophisticated legal and financial markets make it the natural base for the firm’s expansion. We have a significant opportunity to establish a new benchmark in the UK, broadening access to specialist insurance capital and bringing additional product innovation, technical expertise, and regulatory understanding to support established market participants and first-time users of litigation insurance alike.”

Moore has more than 15 years of experience across litigation, arbitration, legal asset investments, and contingent risk management. He qualified as a solicitor with CMS Cameron McKenna in London, specialising in insurance and reinsurance disputes and broader commercial litigation. He later held senior investment roles in litigation finance, including at Therium Capital Management, where he originated, structured, and managed high-value litigation and arbitration investments across sectors and jurisdictions. Most recently, Nick led litigation and contingent risk initiatives across the UK and EMEA at a global insurance broker, advising corporates, private equity sponsors, law firms, and legal asset investors on bespoke insurance solutions. He has structured and placed cover supporting cases and transactions with aggregate limits and underlying exposures in the hundreds of millions of pounds.

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About CAC, part of The Baldwin Group
CAC, part of The Baldwin Group, is a leading insurance broker and advisor that provides expertise and placement capabilities across the spectrum of insurance and capital markets. Delivering comprehensive broker services spanning commercial risk, personal lines, and employee benefits, CAC serves large corporations and small-to-medium enterprises as well as individuals. For more information, visit www.cacgroup.com.

About The Baldwin Group

The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BWIN) and its affiliates, is an independent insurance distribution firm providing indispensable expertise and insights that strive to give our clients the confidence to pursue their purpose, passion and dreams. As a team of dedicated entrepreneurs and insurance professionals, we have come together to help protect the possible for our clients. We do this by delivering bespoke client solutions, services, and innovation through our comprehensive and tailored approach to risk management, insurance, and employee benefits. We support our clients, colleagues, insurance company partners, and communities through the deployment of vanguard resources and capital to drive our organic and inorganic growth. The Baldwin Group proudly represents more than three million clients across the United States and internationally. For more information, please visit www.baldwin.com.

Note Regarding Forward-Looking Statements 

This press release may contain various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which represent Baldwin’s expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address Baldwin’s future operating, financial or business performance or Baldwin’s strategies or expectations. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “potential,” “outlook” or “continue,” or the negative of these terms or other comparable terminology. Forward-looking statements are based on management’s current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements.

Factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements include, but are not limited to, those described under the caption “Risk Factors” in Baldwin’s Annual Report on Form 10-K for the year ended December 31, 2025 and in Baldwin’s other filings with the U.S. Securities and Exchange Commission (the “SEC”), which are available free of charge on the SEC’s website at: www.sec.gov, including those risks and other factors relevant to Baldwin’s business, financial condition and results of operations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All forward-looking statements and all subsequent written and oral forward-looking statements attributable to Baldwin or to persons acting on Baldwin’s behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and Baldwin does not undertake any obligation to update them in light of new information, future developments or otherwise, except as may be required under applicable law.

Media Contacts

Allyson Marcus

Director of Communications

CAC, part of The Baldwin Group

M: +1 267-994-9052

E: allyson.marcus@cacgroup.com

Desiree Maghoo

Questor Consulting for CAC, part of The Baldwin Group

M: +44 (0) 7775522740

E: dmaghoo@questorconsulting.com

Abigail Jarvis, Questor Consulting for CAC, part of The Baldwin Group

M: +44 (0) 7852890995

E: ajarvis@questorconsulting.com

The post CAC Expands Contingent and Litigation Insurance Broking Business into the UK and Europe appeared first on CAC Group.

“Mike played a major role in developing the vision for CAC and has provided significant influence and leadership at our firm. He was instrumental in aligning CAC Group as one brand, while building it to become a destination for top talent in the insurance industry. As a result of Mike’s hard work and steadfast adherence to our values and vision, CAC Group’s performance has been extraordinary. We are extremely grateful for his contributions, and we look forward to his continued involvement with the company,” said Paul Sparks, Executive Chairman of CAC Group.

“Along with Mike and the rest of the CAC Group Board, I am excited to welcome Erin Lynch to her new role as CEO. Erin is a proven leader with skills anchored in the values that make CAC successful – integrity, entrepreneurship and achievement. Under her leadership, I am confident that CAC will continue to be a leading specialty insurance broker for years to come,” added Sparks.

“Without our first-class talent and innovative efforts, we could not have grown CAC Group to where it is today. Erin has been a significant part of our journey, helping us realize unprecedented success. I am pleased to continue to be a part of CAC Group’s story and evolution, supporting Erin and focusing on strategic initiatives that collectively create value for all of our stakeholders,” said Rice.

“I am honored to serve as the next CEO of CAC Group. Under Mike’s leadership, CAC Group has established a strong foundation built on best-in-class service for our clients, delivered by the best talent in the business,” said Lynch. “I am committed to shaping the future of CAC Group through innovation and collaboration, helping our clients navigate an evolving risk landscape while doing my part to advance the insurance industry as a whole.”

Lynch joined CAC Specialty in 2021 after serving as President of the Beecher Carlson Global Energy Practice. She has been instrumental in helping to successfully scale the Natural Resources business into one of the firm’s largest practice areas. She has built a strong reputation in the specialty business and is known for her role as a strategic leader. Lynch is a graduate of the University of Oregon.

About CAC Specialty

CAC Group is a leading insurance broker and advisor that provides expertise and placement capabilities across the spectrum of insurance and capital markets. The entity comprises CAC Specialty, an industry leading specialty broker, CAC Agency, a P&C, personal lines and employee benefits broker, and CAC Capital, a structured solutions group that specializes in the convergence of insurance and capital markets. Collectively, CAC Group serves large corporations, small-to-medium enterprises as well as individuals. It is an employee-owned company and ranked in the top 40 of all U.S. brokerage firms. For more information, please visit us at cacgroup.com.

Media Contact:
Allyson Marcus
267-994-9052
allyson.marcus@kemperlesnik.com

The post CAC Group Announces Executive Leadership Appointment appeared first on CAC Group.

“Elizabeth brings highly sought after expertise to our team,” stated Carrie O’Neil, Chief Legal Officer at CAC Specialty. “Her commitment to achieving the best claim outcomes aligns seamlessly with our mission to provide exceptional client service.”

With over 20 years of experience in handling complex claims, Neumann will serve as an advisor and advocate to a wide range of public and private clients, including several Fortune 5,000 clients.

Prior to joining CAC Specialty, Neumann served as Head of Professional Liability at a global insurance and reinsurance company, where she managed a team of claims professionals across the US and Canada, focusing on Cyber, Directors and Officers, Employment Practices and Fiduciary Liability Claims. In this role, Neumann ensured sound analysis of exposure, timely and accurate setting of case reserves, and the execution of resolution strategies that consistently achieved the best total claim outcome.

“I am excited to contribute to the continued growth of CAC Specialty, particularly within the Financial Lines Practice,” added Elizabeth Neumann. “I am eager to work alongside this exceptional team, utilizing my experience to assist clients in more effectively managing risk.”

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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.

Media Contact:
Kelsey Munger, KemperLesnik
Kelsey.Munger@KemperLesnik.com

The post CAC Specialty Adds Elizabeth Neumann as Legal and Claims Leader, Financial Lines appeared first on CAC Group.

“Doug is an exceptional leader and accomplished marketer with a proven history of navigating brands through transformative phases,” said Michael Rice, CEO of CAC Group. “His collaborative, results-orientated approach will complement the high-growth model of CAC Group and drive our marketing efforts forward.” 

Bruce Denson, President of CAC Group, echoed this, stating, “This appointment marks a significant milestone for us. Doug’s notable achievements at multinational companies during all stages of growth make him the obvious choice for implementing a world-class marketing strategy within our own organization.” 

Turk is widely recognized as a thought leader in the insurance industry and has over 25 years of experience in leading marketing initiatives to drive growth, brand development, and organizational change. Prior to his most recent role at Coalition as Head of Revenue, Turk held various senior positions at industry-leading firms. Notably, he served as Chief Marketing Officer at JLT Group, playing a pivotal role in the senior leadership team that spearheaded the expansion of JLT Specialty USA. His career also includes nearly a decade at Aon, where he launched a number of strategic initiatives to expand the company’s regional presence in the Western U.S., cementing its position as a frontrunner in Western markets.

Turk’s accomplishments extend beyond his corporate roles. He is one of the co-founders of altumAI, an insurtech firm that collects and analyzes worker data to develop cost-effective solutions for worker health and safety. He holds several patents for insurance-focused technology and is a published author on business strategy and technology. His diverse experience and deep industry knowledge make him an invaluable asset to CAC Group’s executive team.

Looking towards his new role, Doug Turk voiced, “Joining CAC Group presents a unique opportunity to integrate strategy and creativity with operational scalability to continue to drive industry-leading growth. CAC is one of the most compelling emerging brands in the country, and I’m proud to join an organization with such a remarkable culture and exemplary team – the foundation from which all great brands are built.”

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About CAC Group

CAC Group is a leading national insurance brokerage specializing in risk management. Comprising CAC Specialty and Cobbs Allen the entity provides commercial insurance, employee benefits, and personal insurance solutions to clients. With a legacy spanning 135 years, Cobbs Allen is a pioneer in property & casualty and employee benefits brokerage, while CAC Specialty is an industry-leading specialty broker.

Media Contact:

Kelsey Munger, KemperLesnik

Kelsey.Munger@KemperLesnik.com

The post CAC Group Strengthens Executive Team with the Appointment of Douglas Turk as Chief Marketing Officer appeared first on CAC Group.

“I extend a warm welcome to Wendy Lane as she joins our board,” expressed Michael Rice, CEO of CAC Group. “Her extensive background in the insurance sector, coupled with remarkable leadership achievements in the finance space, aligns seamlessly with CAC Group’s mission to revolutionize the industry. I am confident that her involvement will contribute significantly to our strategic vision.”

Paul Sparks, Chairman of the Board, echoed this sentiment, stating, “Wendy Lane’s appointment represents a significant milestone for CAC Group. Her proven ability to navigate complex challenges and drive innovation makes her the ideal independent board member for the CAC Group board. We look forward to her guidance as we chart the future course of CAC Group.”

Excited about her new role, Wendy Lane remarked, “It is an honor to collaborate with CAC Group, an organization that epitomizes forward-thinking and client-centric values. I look forward to using my experience to work with the team and contribute to the company’s growth and success.”

Lane is a seasoned corporate director, with over 25 years of board service for major companies headquartered across the globe. She played a pivotal role in the growth and transformation of Willis Towers Watson during her 18-year tenure on its board and was named one of the most Influential Women in Reinsurance in 2014 by Intelligent Insurer. Her deep understanding of insurance dynamics, risk management, and value creation will undoubtedly provide invaluable insights to the CAC Group Board.

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About CAC Group

CAC Group is a leading national insurance brokerage specializing in risk management. Comprising CAC Specialty and Cobbs Allen the entity provides commercial insurance, employee benefits, and personal insurance solutions to clients. With a legacy spanning 135 years, Cobbs Allen is a pioneer in property & casualty and employee benefits brokerage, while CAC Specialty is an industry-leading specialty broker.

Media Contact:
Kelsey Munger, KemperLesnik
Kelsey.Munger@KemperLesnik.com

The post Wendy Lane Appointed as Independent Manager for CAC Group appeared first on CAC Group.

“Throughout their careers, Eric and Grantland have positioned themselves as well-respected leaders within the industry and the organization,” said Michael Rice, CEO at CAC Group. “They have played an integral role in improving company strategy and developing innovative growth initiatives. We are thrilled to recognize their leadership with these befitting promotions.”

In his new role, Eric will identify and manage operational risks, develop best practices for organizational processes, and provide oversight for CAC Specialty’s operational resources. Grantland will be responsible for executing organizational goals, scaling new initiatives and guiding financial benchmarks and goals.

Eric previously led CAC Specialty as Chief Technology and Global Markets Officer, heading market relations and all technology efforts. Prior to joining CAC Specialty, he served as Global Head of Property & Casualty for Willis Towers Watson. Eric holds a Master of Business Administration in Marketing and Finance from Kellogg School of Management and a Bachelor of Science in Industrial Engineering from Northwestern University.

Grantland joined Cobbs Allen in 2013 and has served in many roles over the years, including Chief Financial Officer and Chief Operating Officer. He played key roles in the geographic expansion within Cobbs Allen and the formation of CAC Specialty. He is active within the sector, serving on several CIAB committees, including one that looks at future risks impacting the industry.

Before joining Cobbs Allen, Grantland was an Audit Manager with Sellers Richardson Holman & West, focused on manufacturing, education, and investment clients. Grantland has a Master of Accountancy Degree from the Harbert College of Business and a Bachelor of Science Degree in Accounting, both from Auburn University.

About CAC Group

CAC Group is a leading national insurance brokerage specializing in risk management. Comprising CAC Specialty and Cobbs Allen the entity provides commercial insurance, employee benefits, and personal insurance solutions to clients. With a legacy spanning 135 years, Cobbs Allen is a pioneer in property & casualty and employee benefits brokerage, while CAC Specialty is an industry-leading specialty broker.

Follow CAC on LinkedIn.

The post CAC Group Announces Two Key Leadership Appointments: Eric Joost as COO and Grantland Rice, IV as CAO appeared first on CAC Group.

Aliyah Bradford, a member of the CAC Specialty HR Team and Co-Leader of the DE&I committee interviews Michael Rice, the CEO of CAC Specialty, about the state of DE&I in the insurance industry. Michael discusses his evolving understanding of DE&I and CAC Specialty’s steps to address these issues.

Featuring:

• Michael Rice, CEO of CAC Specialty
• Aliyah Bradford, HR Team and Co-Leader of Cobbs Allen/CAC Specialty DE&I Committee

The post 4: Making the Claim for DE&I with CEO Michael Rice appeared first on CAC Group.

The post 3: The Chairman’s Corner: featuring Adam Lantrip appeared first on CAC Group.

The post 2: The Chairman’s Corner: featuring Erin Lynch appeared first on CAC Group.

The podcast is also available on Apple Podcasts, Spotify and podcast platforms. Simply click the image above and subscribe!

The post Welcome to the first episode of the Chairman’s Corner Podcast appeared first on CAC Group.

The post 1: The Chairman’s Corner: featuring Eric Joost appeared first on CAC Group.

Joost’s focus has long been on integrating broking, operations and technology. He provides hands-on leadership experience in all facets of brokerage and underwriting businesses – strategy through execution.

“I am thrilled for the opportunity to join the CAC Specialty team,” Joost said. “I’m excited to work with the talented team of professionals they have assembled and to lead the efforts in bringing innovative technology solutions to their clients.”

“Bringing the best talent in the industry to our clients and prospects is one of our core principals,” said Chairman, Paul Sparks. “Eric is a great addition to our team, and we are confident his spearheading our technology efforts will enable execution of more informed and effective risk and financing decisions for our clients.”

Joost’s experience includes work at several global firms. He served as Senior Vice president at Allianz Global Risks, Chief Operating Officer at Willis NA, and, most recently, Global Head of Property & Casualty at Willis Towers Watson.

CEO, Mike Rice added, “Eric is already an established leader in our industry and is a further demonstration of our commitment to seek out and attract leading talent. Having Eric head our technology efforts reinforces CAC Specialty’s plan to put everything we do in a technology rich environment, where all of our decisions are informed by leading data and analytics tools developed with the brightest minds in the insurance and technology world.”

Joost received his Bachelor of Science in Industrial Engineering from Northwestern University McCormick School of Engineering, and also an MBA in Finance & Marketing from Kellogg School of Management at Northwestern.

The post CAC Specialty Announces Addition of Eric Joost as EVP Chief Technology & Global Markets Officer appeared first on CAC Group.