The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the appointment of CAC Group Executive Chairman Paul Sparks to its Board of Directors, effective January 1, 2026.
The appointment follows the recently completed merger of The Baldwin Group and specialty insurance brokerage CAC Group, which includes CAC Specialty and CAC Agency, for a total upfront amount of $1.026 billion.
Sparks has nearly 40 years of underwriting and brokerage experience. He has served as the executive chairman of CAC Group since its establishment in 2019.
Prior to that, Sparks spent 25 years at McGriff in a variety of leadership roles, including founder and head of the financial services division.
Earlier in his career, he served as senior vice president at Aon Corporation and client group practice leader at Chubb.
“We are honored and pleased to welcome Paul to our Board of Directors,” said Board Chair Lowry Baldwin. “Paul’s leadership has been instrumental in establishing CAC in a short period of time into one of the preeminent specialty insurance brokerage and advisory platforms in the industry. His experience will be invaluable as the Board develops strategy to achieve our ambitious growth, profit and free cash flow expansion goals. Equally important, his commitment to cultivating a culture of growth and achievement that attracts top talent aligns perfectly with the Azimuth values as we transform into a preeminent insurance and risk management company.”
Trevor Baldwin, Chief Executive Officer and Director, added: “The addition of a talented insurance executive like Paul to our Board of Directors provides us with tremendous opportunities to help accelerate our vision of the ‘Broker of the Future.’ His successful track record as Chairman during key years at CAC, coupled with his deep expertise in designing complex specialty insurance solutions, will add an important dimension to the diverse backgrounds and skills of our Board of Directors.”
