The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the appointment of Paul Sparks, Executive Chairman of CAC Group, to its Board of Directors, effective January 1st 2026.
The appointment follows the recently completed merger between The Baldwin Group and specialty insurance brokerage CAC Group, comprising CAC Specialty and CAC Agency, with a total upfront consideration of $1.026 billion.
Sparks brings nearly 40 years of underwriting and broking experience. He has served as Executive Chairman of CAC Group since its founding in 2019.
Prior to that, Sparks spent 25 years at McGriff, where he held several leadership positions, including founder and head of the financial services division.
Earlier in his career, he served as a Senior Vice President at Aon Corporation and as a Customer Group Practice Leader at Chubb.
“We are privileged and excited to welcome Paul to our Board of Directors,” said Lowry Baldwin, Chairman of the Board. “Paul’s leadership has been instrumental in vaulting CAC into one of the industry’s preeminent specialty insurance brokerage and advisory platforms in a short timeframe. His experience will be invaluable as the Board stewards strategies to achieve our ambitious growth and margin and free cash flow expansion goals. Equally important, is his commitment to nurturing a culture of growth and achievement that attracts top talent, aligning perfectly with our Azimuth values as we transform into a transcendent insurance and risk management firm.”
Trevor Baldwin, CEO and Director, added, “Having such an accomplished insurance executive as Paul join our Board provides a tremendous opportunity to help accelerate us toward our ‘Broker of the Future’ vision. His successful track record as Chairman during these pivotal years at CAC, combined with his deep expertise designing sophisticated specialty insurance coverage solutions, will add an important dimension to our Board’s diverse backgrounds and skillsets.”
