Terms & Conditions

Legal Notices, Compensation Disclosure and Disclaimer

CAC GROUP’S STRUCTURE

Cobbs Allen Capital Holdings, LLC (CAC Group), through its licensed subsidiaries, is a risk-solutions company leading the insurance brokerage industry with a commitment to serve clients in an innovative and transparent way. Our subsidiaries include Cobbs Allen Capital, LLC (CAC Specialty), an industry leading specialty broker, Cobbs Allen & Hall, Incorporated (CAC Agency), a property & casualty, personal lines and employee benefits broker, and Dorset Peak Capital, LLC (CAC Capital), a structured solutions group that specializes in the convergence of insurance and capital markets (collectively CAC Group and its subsidiaries and affiliates will be referred to in this disclosure as “we” or CAC). We are authorized by our licenses to confer with clients about the benefits, terms, and conditions, including pricing, of insurance contracts, and to obtain and place insurance. We may work with insurance carriers, group benefit providers, and other risk-transfer markets (together, “insurers”) or sometimes engage other entities including, without limitation, wholesale brokers, captive managers or premium finance companies (together “intermediaries”).

COMPENSATION DISCLOSURE

Subject to any written client services agreement between the parties, CAC may be compensated in a variety of ways for the services it provides. Unless applicable law or contractual agreement between CAC and insurers states otherwise, compensation may be paid to CAC based on the insurance contracts we sell; or, depending on the insurer and insurance contract the client selects, compensation may be paid by the insurer selling the insurance contract or by another third party. These commissions are regularly calculated as a percentage of the premium paid to the insurer for the specific policy and are paid to CAC by the insurer. In some cases, CAC may receive specific fees from clients in lieu of or, as permitted, in addition to, such commissions, for the placement of coverage and/or for other services and projects.

CAC may also receive other forms of compensation from insurers and/or intermediaries, such as incentive commissions, contingency commissions, supplemental commissions, bonuses, intermediary or co-brokerage commissions, premium financing fees, service fees, administrative fees or allowances, each of which may be based on a variety of factors, including, without limitation, overall volume of premiums with a particular insurer for a specified period, overall growth, persistency and/or retention of premiums with a given insurer for a specified period; and, in some cases, the profitability of the total premium paid to such insurer for insurance policies placed for CAC’s clients during a specified period.

In addition to the fees and commission discussed above, CAC may also receive investment income on fiduciary funds temporarily held by it, such as premiums or return premiums. CAC may also participate in insurance company promotional events or employee trainings and development provided by insurers.

CAC will provide its clients with additional details about forms of compensation earned and compensation expected to be received by CAC based on the sale of insurance to the client, and, if applicable, compensation expected to be received based on any alternative quotes presented to the client upon written request for such information.

 

PRIVACY POLICY

At CAC we appreciate the trust you have placed in us and in turn we take the privacy and security of your personal information very seriously.

Purpose of this Notice

In compliance with the Gramm-Leach-Bliley Act, under US regulation, and the General Data Protection Regulation (GDPR), under EU regulation, we are required to notify you of our Privacy Policy and how it protects your privacy / confidentiality.

The intent of this notice is so that you may better understand how and why we collect information about you, the type of information we collect, the safeguards we take to protect your information and any sharing or disclosures of that information we may make to other parties.

Information Collection, Use, and Sharing

The types of personal information we collect is based on the products and services you have with us and including any and all CAC Group subsidiaries. The information collected allows us to service your insurance / risk management needs as well as to fulfill legal and regulatory requirements we may be subject to. It may include but is not limited to personal information you provide on applications and similar forms such as your name, address, phone number, email, date of birth, driver’s license number, social security number, income, and medical and health information. We may also receive necessary information from third parties to include, but not limited to, motor vehicle records (MVR), consumer credit record, claims history, and finances.

The data we collect is stored and protected against unauthorized access through secure servers and firewalls, as well as through other physical security measures and administrative safeguards. Only authorized employees who need the information to perform a specific job are granted the security to access this information. We do not make any Personally Identifiable Information (PII) you provide to us available to nor sell to the general public. In some instances, a non-affiliated third party may be employed to perform a service whereby information may be disclosed to them. If this is the case, the third party is required to maintain confidentiality of the information provided by signing a Confidentiality Agreement.

Notifications of our Privacy Policy

We will periodically review and update our Privacy Policy and will post any changes that go into effect immediately.

Opting out of Disclosure of Information

If at any time you decide that you do not want us to disclose your personal information related to the services we provide to you to non-affiliated third parties, unless that disclosure is permitted by law, you may contact us to let us know not to share your information. Additionally, under GDPR regulations, if applicable, you may elect to request to have your personal information deleted from our database.

DISCLAIMER

The information presented on this website is intended to be a mere introduction to the products and services that we may offer to offer to clients and prospective clients. This website does not constitute professional advice for any particular risk management or insurance need and should not be relied upon as such. We make no warranties, expressed or implied, about the availability, suitability, or fitness for a particular purpose of any goods, products or services discussed herein. Furthermore, nothing contained herein should be relied upon as accounting, legal, regulatory or tax advice or opinion or used as a substitute for consultation with professional accounting, legal, regulatory or tax advisors. We expressly disclaim any and all liability that may be alleged based upon your reliance upon the materials set forth herein.