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 youCAC Specialty Expands Private Equity Practice with the Addition of Ian GoldwasserNewsDENVER (June 9, 2025) – CAC Specialty, a leading insurance brokerage and advisory within CAC Group, announced that Ian Goldwasser… – June 9, 2025 Read moreClient Alert: Storm PreparednessNewsWhat to Know, What to Ask, and What to Do When Severe Weather Strikes As severe weather season ramps up,… – June 3, 2025 Read moreCasualty, property trends diverging in overall ‘stable’ Q2 outlook: CACIn the MediaStrong underwriting performance and aggressive repricing of risks in most lines has aided stability As featured in Insurance Insider, CAC… – May 16, 2025 Read more
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