With a background in teaching and law, Andrew Mutter made his way back to his hometown of Chattanooga in 2016. After practicing law there, he joined CAC Specialty, finding his prior experience in the insurance recovery practice at an Atlanta firm served him well. He co-leads a team that has placed over $3 billion in contingent risk business in the last two years.
What’s your advice on navigating the current insurance market?
The contingent risk market is maturing. It’s also hardening. As that happens, you are going to need experienced brokers that can navigate those waters.
How are technological advances affecting your job?
I see growth in the future for legal analytic data to profile exposures and liabilities to help in underwriting. ChatGPT and large language models will seriously enhance that trend.
What do you wish more people knew about insurance?
Candidly, I just wish that they understood that (contingent risk insurance) is out there more. A lot of sophisticated law firms, corporates and litigants are unaware that this exists.
What’s a problem that needs fixing in your sector?
The market needs more people who understand the business of the law from an economic and financial standpoint.
Favorite hobby or pastime?
I like sporting clays and am getting more into bird hunting.
What did you want to be when you grew up?
A teacher and a writer, and I still write. I taught for four years then realized I needed to go to law school.
Favorite song?
John Denver’s “Take Me Home, Country Roads.”