CAC Specialty Bolsters Financial Lines Practice with New Senior Vice President Tom Power as Leader of Financial Institutions Group August 22, 2022CAC Specialty is pleased to welcome Tom Power as Senior Vice President and leader of CAC’s Financial Institutions Group. Tom’s experience working with financial institutions make him a valued asset to the team and our clients.Tom is joining CAC Specialty with over 14 years of experience working with financial institutions. He began his career in operations at Citigroup Smith Barney, where he assisted in managing order flow. Then, Tom transitioned to AIG as a major accounts team leader within their Financial Institutions Group. While with AIG, Tom continued to take roles of increasing responsibility, culminating in him becoming the head of AIG’s Financial Lines team in the southeast.Throughout his time with Citigroup and AIG, Tom has built a diverse background in the insurance industry working on a variety of product sets like D&O, E&O, fidelity and employed lawyers. He is also a valued resource for financial institutions such as banks, asset managers, securities and insurance companies.“Tom is an important addition to our Financial Lines team,” said Darren Sonderman, Executive Vice President and Co-leader of CAC Specialty’s Financial Lines Practice. “We are excited to bring in someone who has led at every level with such varied experience.”Recommended for youSenior Living Pillars of Prevention: Creating a Foundation for Injury Prevention in the Modern WorkplaceSenior LivingInjury Prevention in the Modern Workplace CAC believes employee safety has a direct correlation to the safety of senior care… – October 30, 2025 Read moreNavigating the Shift: Reporting Falls with Major Injury to Mitigate Risk and Expand Quality CareSenior LivingReporting Falls with Major Injury to Mitigate Risk and Expand Quality Care On September 18, 2025, the Office of the… – October 23, 2025 Read moreEnvironmental Insurance Market UpdateNewsEnvironmental Insurance Market Update The question we’re getting most frequently from clients is: “Can you get pollution insurance for PFAS?… – October 21, 2025 Read more
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