CAC Group
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This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle. -
The policy includes a $200mn limit with an additional $100mn for side A coverage.
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Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
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The hire advances Howden’s growth push in the US.
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Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
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The deal is slated to close in the first quarter of 2026.
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This publication revealed earlier this year that the firm was working with Ardea to explore strategic options.
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Strong underwriting performance and aggressive repricing of risks in most lines has aided stability.
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Sources said the firm retained Ardea to run the process.
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Lynch served as CAC natural resources president for nearly four years.
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The new SVP will leverage his construction and real estate industry background to work with CAC Specialty’s clients and prospects.
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The executive will focus on placing representations and warranties insurance.
