DENVER, Jan. 9, 2025
/PRNewswire/ -- CAC Group, a leading insurance brokerage comprised
of CAC Specialty and CAC Agency, announced that Erin Lynch, President of CAC Specialty's Natural
Resources Practice, will become Chief Executive Officer of CAC
Group in the first quarter of 2025. Mike
Rice, the current CEO of CAC Group, will assume the role of
Vice Chairman. In this position, Rice will focus on his board role,
along with strategic growth opportunities.
"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 Group
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
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SOURCE CAC Group
