CAC Specialty
CAC Specialty is a private, employee-owned insurance brokerage and risk advisory firm serving commercial and high-net-worth clients across 15+ industries through three divisions (Agency, Specialty, Capital), offering specialty placement, capital markets risk transfer, and multinational solutions via Network+.
- Company typePrivate
- Founded1894
- HeadquartersDenver, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What CAC Specialty does
CAC Specialty is a private insurance brokerage and risk advisory firm operating through three divisions: CAC Agency (a 130-year-old personal lines, P&C, and benefits broker), CAC Specialty (industry, product, and program specialty brokerage), and CAC Capital (structured solutions at the intersection of capital markets and insurance). The company serves sophisticated commercial and individual clients across at least 15 industry verticals including Private Equity, Real Estate, Natural Resources, Healthcare, Technology, Construction, Financial Institutions, Entertainment, and Power & Renewables. Notable capability modules span Contingent Risk, Tax Insurance, Transactional Liability, Representations & Warranties, Executive Liability, Cyber, Multinational, Surety, and Special Situations, supported by a Data & Analytics platform providing predictive modeling and scenario planning.
The firm is 100% employee-owned and employs 251-500 people, with reported operations headquartered in Denver and a founding office dating to 1894 in Birmingham, Alabama. Its Network+ multinational model provides access to over 54,000 professionals in 170 countries, including London and Bermuda markets. The Tax Insurance practice commands $1.5 billion of total U.S. program capacity across 15 markets with at least $50 million each, and the Contingent Risk practice claims the world's largest dedicated team, having generated over $1 billion in liquidity through asset-side insurance backing. In September 2024, CAC Group acquired Media Guarantors to establish an entertainment vertical, and in June 2026 announced expansion of contingent and litigation broking into the UK and Europe.
CAC Specialty generates revenue primarily through commissions and fees from placing insurance coverage, plus transaction-based structuring fees from Capital division solutions. Pricing is quote-based and negotiated per engagement, typically on multi-year contracts. Distribution is enterprise field sales led by senior practitioners, with industry-focused teams and direct carrier relationships at senior decision-maker levels. Thought leadership is built through industry conferences (e.g., Novogradac Renewable Energy Tax Credits), insights publications, and a public employee directory. Two disclosed funding rounds totaling approximately $12.5 million in 2022 and 2023 suggest private capital deployment to support M&A and geographic expansion rather than venture-scale burn.
CAC Specialty firmographics
Firmographics- Name
- CAC Specialty
- Legal name
- CAC Specialty
- Website
- https://cacgroup.com
- Company type
- Private
- Founded year
- 1894
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- CAC Specialty is a private, employee-owned insurance brokerage and risk advisory firm serving commercial and high-net-worth clients across 15+ industries through three divisions (Agency, Specialty, Capital), offering specialty placement, capital markets risk transfer, and multinational solutions via Network+.
- Ownership category
- akta.pro rank
CAC Specialty industry classification
Industry- Product category
- Specialty Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where CAC Specialty is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
CAC Specialty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage and Advisory Fees: CAC Specialty generates revenue through commissions and fees from placing insurance coverage for clients across property & casualty, executive liability, transactional liability, and other specialty lines. The company serves as an intermediary between clients seeking insurance coverage and insurance carriers, earning placement fees and advisory compensation.
- Capital Solutions: CAC Capital operates at the intersection of capital markets and insurance, utilizing capital market products to transfer and structure unique risk solutions, generating revenue through structuring fees and risk transfer arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom insurance solutions with quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
CAC Specialty product offering
Product offeringCore offering
CAC Specialty is a leading insurance broker and advisor providing advisory and placement capabilities across a spectrum of insurance and capital markets. The company operates through three divisions: CAC Agency (personal lines, P&C, and benefits broker), CAC Specialty (broker and advisory expertise across industry, product, and program specialties), and CAC Capital (structured solutions at the convergence of capital markets and insurance). It serves clients with complex risk needs across multiple industry verticals including Private Equity, Real Estate, Natural Resources, Entertainment, Healthcare, Technology, Construction, and Financial Institutions.
Product overview
CAC Specialty is an insurance broker and advisor operating across three divisions: CAC Agency (personal lines, P&C, and benefits broker dating back 130 years), CAC Specialty (comprehensive broker and advisory expertise across industry, product, and program specialties), and CAC Capital (structured solutions at the intersection of capital markets and insurance). The company offers a broad portfolio of capability modules including Claims Practice, Contingent Risk, Data & Analytics, Diligence & Portfolio Solutions, Employee Benefits, Environmental Practice, Executive Liability, Human Capital Risk, Multinational (Network+), Personal Lines, Professional & Cyber Solutions, Property & Casualty, Representations & Warranties Insurance, Surety, Special Situations Group, Tax Insurance, and Transactional Liability. Industry practices span Cannabis, Construction, Education, Entertainment, Financial Institutions, Healthcare, Marine, Metals & Mining, Natural Resources, Oil & Gas, Power & Renewables, Private Equity, Real Estate, Senior Living, and Technology. The company acquired Media Guarantors in September 2024 to strengthen its entertainment insurance capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Agency: A leading personal lines, P&C, and benefits broker and advisor dating back 130 years, serving sophisticated commercial and individual clients across the entire United States.
- Specialty
- Capital
- Media Guarantors
- Network+
Products and services
- CAC Agency A leading personal lines, P&C, and benefits broker and advisor that dates back 130 years, serving sophisticated commercial and individual clients across the entire United States.
- CAC Specialty Comprehensive broker and advisory expertise across industry, product, and program specialties, composed of experts working closely with clients and markets to achieve the best results.
- CAC Capital A structured solutions business operating at the intersection of capital markets and insurance, utilizing capital market products to transfer and structure unique risk solutions.
- Media Guarantors Completion guarantees for independent film and television production, providing production insurance across all sizes of productions and expertise in Media E&O coverage.
- Contingent Risk Solutions Litigation risk transfer solutions for corporate litigants and law firms, placing contingent risk insurance policies across uncertain legal assets and liabilities.
- Network+ Multinational Solution Multinational insurance advisory and brokerage services providing access to over 54,000 professionals in 170 countries through CAC's dedicated Multinational Team for global clients with complex international risk needs.
- Representations & Warranties Insurance Insurance safeguards buyers from financial losses resulting from breaches of seller's representations and warranties, reducing or eliminating escrow needs in M&A transactions.
- Tax Insurance Risk management tool protecting against tax loss arising from transactions, investments, or events, crafted by tax attorneys and former tax insurance underwriters with access to $1.5 billion of total capacity.
- Transactional Liability End-to-end M&A transactional solutions including RWI, Tax Insurance, and Contingent Risk, staffed by attorneys and underwriters from leading firms.
- Executive Liability Insurance Hyper-personalized coverage for directors and executives, including Public and Private D&O, Cyber and Professional E&O, Employment Practices, Fiduciary Liability, and more.
- Property & Casualty Insurance Insurance and capital market solutions for the full spectrum from middle market to complex risk and standalone entities to portfolio solutions across multiple industries.
- Personal Lines Insurance Advisory and service for high-net-worth clients covering aircraft, watercraft, builder's risk, private collections, life, automobile, personal excess liability, homeowners, and equine insurance.
- Employee Benefits Consulting Strategic and day-to-day consulting for all aspects of employee benefit programs, specializing in compliance, HR, communications, wellness, actuarial, and technology.
- Surety Bonds Global surety solutions for Natural Resources industry including decommissioning, procurement, plugging & abandonment, and power purchase agreement bonds.
- Special Situations Group Insurance solutions for distressed companies, companies in bankruptcy, post-bankruptcy trusts and complex situations, including personal asset protection and balance sheet protection.
Quantifiable outcome
- Generated more than a billion dollars in liquidity for clients on the asset side through contingent risk insurance backing
- +2 more outcomes
Companies that use CAC Specialty
Customer profileSegments8 records
Ideal customer profiles8 records
CAC Specialty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
CAC Specialty partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- NovogradaccoreCAC Specialty co-hosts the Novogradac 2026 Spring Renewable Energy Tax Credits Conference on May 14-15 at the Hilton San Diego Bayfront. The conference brings together renewable energy developers, investors, lenders, and advisors to discuss federal and state policy updates, investment market conditions, and capital funding strategies.
- Bildmore Clean EnergyminorCo-host of the Novogradac 2026 Spring Renewable Energy Tax Credits Conference alongside CAC Specialty and other clean energy and financial services firms.
- Crux ClimateminorCo-host of the Novogradac 2026 Spring Renewable Energy Tax Credits Conference alongside CAC Specialty and other clean energy and financial services firms.
- Monarch Private CapitalminorCo-host of the Novogradac 2026 Spring Renewable Energy Tax Credits Conference alongside CAC Specialty and other clean energy and financial services firms.
- Nixon PeabodyminorCo-host of the Novogradac 2026 Spring Renewable Energy Tax Credits Conference alongside CAC Specialty and other clean energy and financial services firms.
- Raymond James Renewable Energy InvestmentsminorCo-host of the Novogradac 2026 Spring Renewable Energy Tax Credits Conference alongside CAC Specialty and other clean energy and financial services firms.
- Media GuarantorscoreCAC Group acquired Media Guarantors, a global company specializing in completion guarantees for independent film and television production. The acquisition strengthens CAC Group's presence in the entertainment insurance sector. Fred Milstein continues as President & CEO of Media Guarantors, and Janet Comenos takes on the role of entertainment practice leader at CAC Group.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
CAC Specialty competitors and assessment
Company assessmentDirect peers
- Lockton Companies: Largest independent insurance brokerage in the world and the closest direct peer — also privately held, employee-owned, and structured around specialty industry practices with deep subject-matter-expert teams. Competes head-to-head across P&C, benefits, and specialty risk lines.
- NFP: Specialty insurance broker and consultant serving mid-market and commercial clients across P&C, benefits, and wealth. Now owned by Aon; competes directly with CAC in middle-market and specialty verticals including construction (where it just hired CAC's former practice leader).
- Hub International: North American insurance brokerage focused on middle-market commercial and personal lines, built via aggressive PE-backed roll-up. Competes with CAC for specialty commercial accounts and benefits brokerage.
- Alliant Insurance Services: Specialty insurance brokerage serving middle-market commercial clients across diverse industries including real estate, construction, energy, and healthcare. Closely comparable specialty/vertical go-to-market and employee-owned operating model.
- Brown & Riding: Specialty insurance wholesale brokerage and M&A advisory with deep practice groups across multiple specialty lines. Highly comparable specialty-broker profile and structure.
- RPS (Risk Placement Services): Specialty insurance wholesale broker and binding authority platform serving retail brokers and commercial clients. Overlaps with CAC's specialty distribution and underwriting-adjacent capabilities.
Broad incumbents
- Marsh McLennan: Global insurance brokerage and risk advisory giant (parent of Marsh, Guy Carpenter, Mercer, Oliver Wyman). Broad incumbent offering overlapping specialty capabilities (RWI, cyber, tax) as part of a much larger portfolio of services.
- Aon: Global professional services firm providing risk management, insurance brokerage, and HR consulting. Recently acquired NFP to expand specialty and middle-market capabilities, directly overlapping CAC's PE and middle-market focus.
- Willis Towers Watson (WTW): Global advisory, brokerage, and solutions firm covering risk, capital, and people. Competes across commercial P&C, specialty lines, and benefits brokerage with substantially greater scale and geographic reach.
Emerging players
- Acrisure: Fast-growing, PE-backed insurance brokerage consolidator with significant capital to acquire specialty books. Represents the well-capitalized roll-up threat that employee-owned independents must compete against for talent and tuck-ins.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CAC Specialty social profiles
Digital presenceCAC Specialty financial estimates
Financial estimateRevenue estimate
Valuation estimate
CAC Specialty leadership team
Management profileNumber of profiles
Profiles11 records
CAC Specialty subsidiaries and ownership
Company hierarchySubsidiaries1 record
CAC Specialty funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CAC Specialty M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CAC Specialty
What does CAC Specialty do?
CAC Specialty is a leading insurance broker and advisor providing advisory and placement capabilities across a spectrum of insurance and capital markets. The company operates through three divisions: CAC Agency (personal lines, P&C, and benefits broker), CAC Specialty (broker and advisory expertise across industry, product, and program specialties), and CAC Capital (structured solutions at the convergence of capital markets and insurance). It serves clients with complex risk needs across multiple industry verticals including Private Equity, Real Estate, Natural Resources, Entertainment, Healthcare, Technology, Construction, and Financial Institutions.
Is CAC Specialty a public or private company?
CAC Specialty is a private company. It is classified as management employee owned and is currently operating.
When was CAC Specialty founded?
CAC Specialty was founded in 1894. It employs 251 to 500 people.
Where is CAC Specialty based?
CAC Specialty is headquartered in Denver, United States, in the North America region.
How does CAC Specialty make money?
Two revenue lines are on record. Insurance Brokerage and Advisory Fees are the primary driver. The others are capital Solutions.
Who are CAC Specialty's main competitors?
Direct peers on record are Lockton Companies, NFP, Hub International, Alliant Insurance Services, Brown & Riding and RPS (Risk Placement Services). Broad incumbents are Marsh McLennan, Aon and Willis Towers Watson (WTW). Acrisure is listed as an emerging player.
Does CAC Specialty have an API?
No public API is recorded for CAC Specialty.
What industry is CAC Specialty in?
CAC Specialty's product category is Specialty Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 52421 and its SIC code is 6411.