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27 July 2021Insurance

CAC Specialty hires long-serving energy leader from large US broker

Global specialty broker  CAC Specialty has bolstered its natural resources division with another senior hire from McGriff.

Bill Chappell joins CAC as executive vice president of the natural resources division.

Chappell has over 30 years of experience, most recently as co-leader of energy property for US-based retail brokerage firm McGriff, where he served for over 19 years. Prior to that, he worked at Chubb as an underwriting officer for power and utilities, as well as Starr and FM Global.

In his new role, Chappell will develop innovative solutions for CAC’s energy clients, focused on all facets of the sector.

Chappell's appointment follows that of six new hires earlier this year as the broker continues to accelerate the expansion of its natural resources practice.

“We are investing in the most talented minds in the industry. Bill’s robust experience in fossil power generation, renewable energy and energy infrastructure will help us accelerate and deliver results of the highest standard to our clients,” said Erin Lynch (pictured), president of CAC natural resources and power and renewables co-leader.

Sara Kane, executive vice president and co-leader of power & renewables, added: “In addition to having represented many of the largest power generation companies and top utilities in the US, Bill brings immense industry knowledge, strong market relationships along with a dynamic problem-solving skill set that we are certain will translate into client success.”

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16 September 2021   The executive worked at firms like LaPorte Insurance and Brown & Brown before joining CAC.
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15 January 2021   The new recruits include senior mining and energy specialists from Willis and Aon.
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22 September 2020   The new practice will be focused on the energy, mining, power, and alternative energy sectors.