CAC Specialty hires Willis Towers Watson's Joost for chief technology role

Specialty insurance brokerage and investment banking business, CAC Specialty, a part of Cobbs Allen, has appointed Eric Joost as executive vice president and chief technology & global markets officer.

Joost was most recently global head of property & casualty at Willis Towers Watson. Previously, he served as senior vice president at Allianz Global Risks, chief operating officer at Willis NA.

CAC chairman Paul Sparks said: “Bringing the best talent in the industry to our clients and prospects is one of our core principals. Eric is a great addition to our team, and we are confident his spearheading our technology efforts will enable execution of more informed and effective risk and financing decisions for our clients.”

CEO, Mike Rice added, “Eric is already an established leader in our industry and is a further demonstration of our commitment to seek out and attract leading talent. Having Eric head our technology efforts reinforces CAC Specialty’s plan to put everything we do in a technology rich environment, where all of our decisions are informed by leading data and analytics tools developed with the brightest minds in the insurance and technology world.”

Joost commented: “I am thrilled for the opportunity to join the CAC Specialty team. I’m excited to work with the talented team of professionals they have assembled and to lead the efforts in bringing innovative technology solutions to their clients.”