Privately held insurance broker Lockton has named Tom Schaffler as president of its Chicago operation and Tom Pluss as chairman.
Schaffler is responsible for setting the vision and long-term strategies for the insurance broker’s fast-growing risk management and employee benefits business.
Lockton Chicago is among the global broker’s fastest growing offices in the United States, growing 17 percent last year and on pace to grow more than 20 percent this year. This growth has allowed Lockton Chicago to invest in additional staff including Credit Insurance expertise, international risk consulting, and international benefits consulting.
Schaffler succeeds Pluss, who founded the Lockton Chicago office and served as president for 17 years. Pluss will continue to advise clients on risk management and insurance issues and serve as chairman of the operation.
Schaffler has been a Lockton client advisor for 13 years, most recently serving as president of Lockton’s Chicago Employee Benefits operation. He will lead a team that has grown to more than 120 associates and has been voted as one of the Best Places to Work in Illinois the past five years. Lockton provides its clients with a wide range of risk management, insurance, and benefits consulting services.
Prior to joining Lockton in 1999, Schaffler worked with Associated Agencies as an executive vice president and with The Hartford, advising large companies on employee benefits.