David L. Payne
About David L. Payne
David L. Payne serves as the Chief Revenue Officer at CAC Specialty, where he oversees mergers and acquisitions strategies and contributes to the company's Board of Directors. With extensive experience in the insurance and banking sectors, he has specialized in providing solutions for complex risks and distressed clients.
Work at CAC Specialty
David L. Payne serves as the Chief Revenue Officer at CAC Specialty, a position he has held since 2019. In this role, he acts as the executive sponsor for CAC's M&A Solutions business, overseeing strategies related to mergers and acquisitions. He also created CAC's Special Situations group, which focuses on providing solutions for distressed and bankruptcy clients. Additionally, he serves on CAC's Board of Directors, contributing to the company's strategic decision-making.
Education and Expertise
David L. Payne studied at the Thunderbird School of Global Management, where he earned an MBA in International Finance from 1986 to 1988. He also holds a Bachelor of Science in Finance from the University of Missouri-Columbia, where he studied from 1982 to 1986. His educational background supports his expertise in the U.S. insurance marketplace, particularly in mergers and acquisitions and global turnaround strategies.
Previous Work Experience
Before joining CAC Specialty, David L. Payne held significant positions in various organizations. He served as Executive Vice President and Chief Revenue Officer at JLT Specialty USA from 2014 to 2019. Prior to that, he worked at Aon as Executive Vice President for 11 years, from 2003 to 2014. His earlier career includes a role as Managing Director at Credit Lyonnais from 1991 to 2000, where he worked in Chicago, New York, and Buenos Aires.
Background in Banking and Insurance
David L. Payne brings a unique perspective to the insurance industry, stemming from his previous experience as a commercial and investment banker. He has specialized knowledge in working with the M&A and global turnaround communities, focusing on insurance solutions for complex risks. This background enhances his ability to navigate the intricacies of the U.S. insurance marketplace.