Insurance broker CAC Specialty has established its analytics practice with the appointment of Nathan Baseman as Senior Vice President and Analytics Practice Leader.
Baseman, who was most recently Director of Analytics for Lockton Companies, will partner alongside all the existing analytic activity and lead the company’s extension of firmwide capabilities around topics such as catastrophe modelling, claims analytics, captive assessment, collateral requirements, claim / loss trending, insurance program optimization and client data visualisations.
“From day one at CAC Specialty we have partnered with clients first through the lens of industry and product experience which includes quantitative understanding of risk,” said Eric Joost, Chief Technology and Global Markets Officer.
“Our belief is that highly motivated, experienced team-oriented colleagues working together combined with unique analytical and modern digital capabilities offer clients a clear choice in a consolidating market”
Commenting on his appointment, Baseman said, “In just over a year CAC Specialty has staked out clear positions serving clients that by their very nature have complex risks, are facing extremely difficult choices or simply prefer the combination of deep experience anchored by analytics.
“I’m very excited for the opportunity to join this forward-thinking firm and contribute to helping clients and colleagues better understand the choices they have around risk management and insurance.”
Mike Rice, CAC Specialty CEO, added, “We are thrilled to add Nate to our team and look forward to his leadership of our analytics work but perhaps more importantly his ability to bring analytic output to life and into impactful actions for the benefit of risk managers, treasurers, finance officers and general counsels”