CAC Specialty strengthens Contingent Risk Solutions Team with Megan Easley joining as Vice President

CAC Specialty is excited to welcome Megan Easley to its Contingent Risk Solutions Team as a Vice President. Megan joins CAC Specialty from Omni Bridgeway, one of the largest litigation funding groups in the world. CAC Specialty is a leading broker for litigation risk insurance policies in the United States, with $2 billion in insurance limits placed last year. Megan earned her Bachelor of Arts Degree in English from Georgetown University and her J.D. from Cornell Law School and clerked on the U.S. Court of Appeals for the Second Circuit. Read more.

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Litigation Funders Expect More Class Actions as Australia’s Government Relaxes Rules

Plans by Australia’s recently elected Labor government to reinstate a financial services licensing exemption for litigation funders could lead to an upswing in class action funding. Andrew Saker, chief executive of litigation funder Omni Bridgeway, one of the few funders to have an Australian Financial Services Licence, said the government’s proposed changes will create a more conducive environment for litigation funders to work in the class action environment.

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