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Report: I-bank/insurance broker platform CAC Specialty names inaugural CEO

Newly opened CAC Specialty has named Mike Rice as its CEO, the Insurance Insider reported.

Rice most recently was the executive chairman of the U.S.-focused retail broking arm of Jardine Lloyd Thompson Group Ltd., JLT Specialty USA, according to the report.

CAC Specialty, which a offers broking and investment banking platform, was launched by Birmingham, Ala.-based risk management and insurance broker Cobbs Allen in August.