DENVER, Sept. 28th, 2023 — CAC Group, consisting of Cobbs Allen and CAC Specialty, has been named Inside P&C’s 2023 Retail Broker of the Year. Inside P&C Honors serves as an essential benchmarking and recognition program for the insurance industry. Retail Broker of the Year—a distinction open to all regulated retail insurance intermediaries serving the global P&C markets—is awarded to a company that has demonstrated incremental business expansion and improvement in turnover, margins, and profits over the previous 12 months.
This recognition reaffirms CAC Group’s market leadership, highlighting the company’s diverse risk advisory and placement approach, as well as its dedication to client service and retention. The company’s industry-leading talent is instrumental in its ongoing growth and success, resulting in noteworthy margins and profits over the past year.
“We’re honored to receive this prestigious award,” said Michael Rice, CEO of CAC Group. “Despite challenging macroeconomic and insurance market conditions, CAC Group consistently delivers innovative insurance solutions that empower our clients to build resiliency and thrive. Our recognition as Inside P&C’s 2023 Retail Broker of the Year affirms that CAC Group consistently improves outcomes for clients through our specialized expertise, execution certainty, and deep-seated relationships.”
The award was announced at the Inside P&C Honors event on September 27 at Guastavino’s in Manhattan.
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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.
Kelsey Munger, KemperLesnik