A New Contender in U.S. Insurance Brokerage
Combined Revenue Expected to Surpass $2B by 2026
Baldwin projects the merged organization will generate over $2 billion in gross revenue by 2026. On a pro forma basis, it expects to stand as the largest majority colleague-owned, publicly traded insurance broker in the country—an achievement reshaping the competitive map of the sector.
CAC Group, headquartered in Denver, brings deep expertise in specialty lines such as financial and transactional liability, cyber, and surety. Its client base spans natural resources, private equity, real estate, senior living, and construction, making it a heavy hitter in focused risk categories.
A Marriage of Strengths: Specialty Meets Scale
Baldwin said the merger will integrate CAC’s specialty markets with its own middle-market distribution, reinsurance, and MGA operations, while folding in CAC’s advanced data and analytics capabilities. Together, the combined company will employ nearly 5,000 people across major U.S. hubs.
