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 Group Takes Spot #22 on Insurance Journal’s 2025 Top 100 P/C AgenciesAwardsCAC Group is ranked #22 on the Insurance Journal Top 100 Independent Property/Casualty Agencies report. This recognition reflects the bold… – August 14, 2025 Read morePreventing Needlestick Injuries: A Comprehensive Approach to Protecting Healthcare WorkersHealthcareGlobally, it’s estimated that millions of healthcare workers experience needlestick injuries (NSIs) annually. Estimates vary, but a common figure cited… – August 4, 2025 Read moreMitigating Risk in Ambulatory Care: Partnering for a Smarter, Safer FutureHealthcareAmbulatory Care Services provide increasingly complex services based on patient demand and improved technology. This shift from hospitals to outpatient… – August 4, 2025 Read more
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