CAC Specialty has announced the launch of its new Professional Liability and Cyber Practice Group, which is to be led by Adam Lantrip as Senior Vice President (SVP).
The newly-established Professional Liability and Cyber Practice Group is responsible for the design, placement, and ongoing service of complex professional liability, cyber, and also tech-driven risks, and will have a focus on developing bespoke products for clients in an effort to insure what’s traditionally been viewed as uninsurable.
As well as the launch of the new practice group, CAC Specialty has revealed that it will be led by Lantrip as SVP, who brings more than a dozen years of experience serving clients as a trusted advisor at a large insurance broker. His new role will also see him involved in the development of manuscript insurance policies, alternative insurance program structures, and captive utilisation strategies.
Lantrip is joined by Sam Levine, who joins the firm from Marsh JLT Specialty, where she served as an SVP within the broker’s Cyber Center of Excellence. Prior to joining Marsh, Levine spent six years with Aon where she served as Vice President within the Professional Risk Solutions team.
Laura Burke also joins the newly-formed Professional Liability and Cyber Practice Group, bringing broking experience at three of the world’s largest insurance brokers, and also leading the national Cyber and E&O team at the world’s largest P&C insurance firm.
Bruce Denson Jr., President of CAC Specialty, said: “We are excited about the formation of the Professional Liability and Cyber Practice Group. Cyber Insurance has quickly become one of the most challenging and dynamic segments of the insurance market. Our investment in a premier team reflects our continued commitment to bring resources and solutions that make a difference for our clients.”
