CAC Expands Contingent and Litigation Insurance Broking Business into the UK and Europe

London, UK and Tampa, FL (10 June 2026): CAC, part of The Baldwin Group (NASDAQ: BWIN), today announced the expansion of CAC’s Contingent Risk practice into Europe, which will be headquartered in London and led by Nick Moore.

CAC’s Contingent Risk team is one of the industry’s leading providers of contingent and litigation insurance, helping companies manage, transfer, and protect against litigation-related exposures. The firm’s Contingent Risk team has placed over $6.5B in insurance limits in the contingent risk space. With England and Wales being one of the most developed markets in Europe for litigation insurance, claimants, class representatives, corporates, law firms, and other advisors continue to seek innovative insurance solutions to help meet their evolving needs as the global risk landscape becomes more complex.

Andrew Mutter, EVP, Head of Contingent Risk Insurance at CAC, part of The Baldwin Group said: “Our clients’ investments and exposures are global in scope and nature. CAC’s expansion into Europe cements our position as a global one-stop-shop for advising clients and executing on the full array of contingent solutions, including After The Event insurance (ATE), Capital Protection Insurance (CPI), law firm insurance backed financing solutions, secondary market trade coverage, and Adverse Judgement Insurance (AJI). Nick brings a unique perspective having worked as a lawyer, litigation funder, and insurance broker, which is exactly the expertise needed to lead our expansion at a time when demand for sophisticated, cross-jurisdictional insurance solutions across the UK and Europe has never been greater.”

According to industry reports, current estimates suggest the UK litigation funding market deploys approximately £400 to £650 million in gross written premiums annually, and the ATE market in the UK is estimated to generate approximately £200–£275 million in gross written premiums.

Michael Wakefield, EVP, Transactional Liability Practice Leader at CAC, part of The Baldwin Group, commented: “Building on our established Contingent Risk practice in the US by expanding into the UK and Europe marks an important milestone in CAC’s ambition to serve clients wherever their litigation and contingent risk exposures arise. Combined with our Representations & Warranties and Tax Insurance capabilities in the US, and the strong partner relationships that support those lines internationally, we can offer clients a comprehensive Transactional Liability solution regardless of where they operate. The UK is the right place to anchor this expansion, and Nick’s appointment reflects the high caliber of talent we are committed to attracting.”

Nick Moore, SVP and Head of the London Contingent Risk Office at CAC, part of The Baldwin Group adds: “I am joining CAC at a pivotal strategic growth moment. The UK’s sophisticated legal and financial markets make it the natural base for the firm’s expansion. We have a significant opportunity to establish a new benchmark in the UK, broadening access to specialist insurance capital and bringing additional product innovation, technical expertise, and regulatory understanding to support established market participants and first-time users of litigation insurance alike.”

Moore has more than 15 years of experience across litigation, arbitration, legal asset investments, and contingent risk management. He qualified as a solicitor with CMS Cameron McKenna in London, specialising in insurance and reinsurance disputes and broader commercial litigation. He later held senior investment roles in litigation finance, including at Therium Capital Management, where he originated, structured, and managed high-value litigation and arbitration investments across sectors and jurisdictions. Most recently, Nick led litigation and contingent risk initiatives across the UK and EMEA at a global insurance broker, advising corporates, private equity sponsors, law firms, and legal asset investors on bespoke insurance solutions. He has structured and placed cover supporting cases and transactions with aggregate limits and underlying exposures in the hundreds of millions of pounds.

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About CAC, part of The Baldwin Group
CAC, part of The Baldwin Group, is a leading insurance broker and advisor that provides expertise and placement capabilities across the spectrum of insurance and capital markets. Delivering comprehensive broker services spanning commercial risk, personal lines, and employee benefits, CAC serves large corporations and small-to-medium enterprises as well as individuals. For more information, visit www.cacgroup.com.

About The Baldwin Group

The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BWIN) and its affiliates, is an independent insurance distribution firm providing indispensable expertise and insights that strive to give our clients the confidence to pursue their purpose, passion and dreams. As a team of dedicated entrepreneurs and insurance professionals, we have come together to help protect the possible for our clients. We do this by delivering bespoke client solutions, services, and innovation through our comprehensive and tailored approach to risk management, insurance, and employee benefits. We support our clients, colleagues, insurance company partners, and communities through the deployment of vanguard resources and capital to drive our organic and inorganic growth. The Baldwin Group proudly represents more than three million clients across the United States and internationally. For more information, please visit www.baldwin.com.

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Media Contacts

Allyson Marcus

Director of Communications

CAC, part of The Baldwin Group

M: +1 267-994-9052

E: allyson.marcus@cacgroup.com

Desiree Maghoo

Questor Consulting for CAC, part of The Baldwin Group

M: +44 (0) 7775522740

E: dmaghoo@questorconsulting.com

Abigail Jarvis, Questor Consulting for CAC, part of The Baldwin Group

M: +44 (0) 7852890995

E: ajarvis@questorconsulting.com