Michael Newman
About Michael Newman
Michael Newman serves as the Executive Vice President at CAC Specialty, where he has worked since 2021. He has extensive experience in risk management, specializing in transactional liability and financial lines, and has held various leadership roles in the insurance industry since the 1980s.
Work at CAC Specialty
Michael Newman has served as Executive Vice President at CAC Specialty since 2021. In this role, he focuses on providing risk financing advocacy for global clients through innovative insurance programs and ancillary risk services. His expertise in transactional liability, particularly Representations and Warranties Insurance and contingent liabilities, contributes to the firm's offerings. He leverages collaborative teamwork and deep industry knowledge to develop effective risk management solutions tailored to client needs.
Previous Experience in Insurance
Before joining CAC Specialty, Michael Newman held significant positions in the insurance industry. He was President at Pritchard & Jerden from 1987 to 1998, where he led the firm for 11 years. Prior to that, he worked as a Commercial Underwriter at Liberty Mutual Insurance from 1981 to 1986 for five years. Additionally, he served as Managing Director at Beecher Carlson from 2004 to 2021, accumulating 17 years of experience in the Greater Atlanta Area.
Education and Expertise
Michael Newman studied at the University of Georgia - Terry College of Business, where he earned a Bachelor of Business Administration (BBA) degree in Risk Management from 1976 to 1980. He furthered his education at Georgia State University, obtaining a Master of Business Administration (MBA) in Finance from 1984 to 1987. His academic background supports his specialization in financial lines, including Directors & Officers, General Partnership Liability, Cyber, Initial Public Offerings, and Special Purpose Acquisition Companies.
Focus on Risk Management Solutions
In his professional capacity, Michael Newman emphasizes enhancing risk analytics and program creativity. He aims to improve client risk management programs by integrating innovative strategies and collaborative approaches. His focus on transactional liability and tax-related risks allows him to provide comprehensive risk management solutions that address various client needs.