CAC Group Continues Expansion into Philadelphia Region with Appointment of Jeff Banasz, EVP

DENVER, October 3, 2023 — CAC Group, a leading insurance brokerage and advisory firm comprised of CAC Specialty and Cobbs Allen, announced its continued expansion into the Philadelphia region with the appointment of regional leader Jeff Banasz as Executive Vice President at Cobbs Allen. In his new role, Banasz will establish the team’s inaugural office in Philadelphia, further expanding Cobbs Allen’s footprint in the Northeast region.

“We are thrilled to welcome Jeff, whose extensive experience in manufacturing, construction, and real estate will be instrumental in recruiting from Philadelphia’s exceptional talent pool,” said Bruce Denson Jr., President of CAC Group. “Our investment in local talent meets the rising demand for employee-owned companies to share in value creation and harness the region’s full potential.”

Based in Philadelphia, Pennsylvania, Banasz spent more than fifteen years in the market where he most recently served as senior vice president at Marsh. In this role, he acted as a strategic and risk advisor for local clients, specializing in project risk advisory, program design, and placements for large construction and manufacturing firms. Additionally, he handled complex property, public entity, real estate, and distribution placements. In his new role, Banasz will lead the Philadelphia office and be responsible for developing insurance and risk management strategies tailored to the needs of large and sophisticated regional firms.

“I am delighted to become a member of Cobbs Allen and to lead the creation of a brand-new Philadelphia office from the ground up,” said Banasz. “This role enables me to support and nurture my strong local business relationships, going beyond insurance placement to offer specialized advice and support backed by the CAC Group family of companies.”

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About CAC Group

CAC Group is a national insurance brokerage business focused on risk management. The entity comprises CAC Specialty, an industry-leading specialty broker, Cobbs Allen, a P&C and employee benefits broker with a 135-year history, and Dorset Peak, a structured solutions group that specializes in the convergence of insurance and capital markets. CAC Group delivers commercial insurance, employee benefits, and personal insurance solutions to its clients. CAC Group is ranked in the top 40 of all U.S. brokerage firms.

Media Contact:
Kelsey Munger, KemperLesnik
Kelsey.Munger@KemperLesnik.com