CAC Specialty launches new office in Knoxville, welcomes EVP

Global specialty broker CAC Specialty has launched a new office in Knoxville, Tennessee. It will house the company’s expanded natural resources division (CAC NR), which includes CAC Specialty’s mining division.

Along with opening the new office, CAC Specialty has hired Tracy Tucker as executive vice president for commercial surety at CAC Specialty Natural Resources in Knoxville. Tucker has more than 30 years of experience in the insurance industry, working in production and servicing, underwriting, reinsurance, claims mitigation and credit rating for mining and mining related companies.

He has worked with non-US regulatory ministries and agencies to use surety as an acceptable form of financial assurance. Along with his responsibilities with CAC Specialty, he is also an officer and board member for a specialty insurer concentrated on surety, where he interfaces with credit rating agencies, regulatory authorities, and reinsurers.

“We are proud to have expanded our presence in Knoxville with the opening the new office space,” said Gary King, executive chairman of CAC Specialty Natural Resources. “We have a great group of mining and natural resources specialists that live in Knoxville and enjoy the lifestyle it offers. Since the New Year, we have welcomed five new additions including Tracy, which will continue to hep service our clients globally and propel us to one of the top brokerage firms in the US.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.