5 February 2020Insurance

CAC Specialty expands private equity focus with new recruits

Broker CAC Specialty has expanded its M&A Solutions specialty with the additions of Ned Murphy and Dan Lehmann, both of whom join as senior vice presidents with a focus on business development and client service.

In their roles, Murphy and Lehmann will work closely with CAC’s M&A Solutions team and investment banking platform, focusing on business development and client advisory for private equity, financial institutions, fintech and high net worth clients across the country. “Our investment banking and insurance platform is truly unique and is attracting the best talent in the industry,” said Bruce Denson Jr., president of CAC Specialty. “We are excited to work with Ned and Dan; they complement our team and will help us win the trust of more clients.”

Murphy, based out of San Francisco, joins CAC Specialty from Marsh & McLennan Companies, where he served as a senior vice president within the US Sales Group. Prior to Marsh, he served as a principal within Integro USA’s Financial Lines Group as well as a vice president within Aon’s Financial Services and M&A Group. Murphy began his career as an analyst at a boutique private equity firm focused on reinsurance M&A and has over a decade of experience within the financial services industry.

“I am excited to join a firm comprised of world-class insurance and investment banking professionals dedicated to providing unparalleled service and solutions to our clients,” Murphy said.

Lehmann joins CAC Specialty’s Denver office after a twenty-year career in asset management focused on alternative investments. He has held senior positions in capital development, product development, risk management, and due diligence with a specific focus on Private Equity and Hedge Funds. Lehmann was most recently an alternative investment regional sales manager at Morgan Stanley.

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