Lockton News

USI Awarded Over $2M by Federal Jury in Case Against Former Employees

A federal judge in Atlanta this week awarded USI Insurance Services more than $2 million in compensatory and punitive damages to be paid by three former executives of its aviation group for breach of their employment contracts. According to court …

People Moves: Lockton Adds Allianz’s Caruso; Verdi Joins Alliant From Gallagher; Marsh McLennan Agency Names Moher; Bischoff Joins Harford’s IT

Lockton Appoints Caruso Financial Institutions Practice Leader in the Northeast Lockton, based in Kansas City, Missouri, has appointed Joe Caruso as its financial institutions practice leader in the Northeast. Caruso is based in New York, New York. Caruso brings 30 …

Lockton Acquires THB Brazil From Amwins

Lockton, the privately held insurance broker and consultancy, announced it has acquired THB Brazil from Amwins, the independent wholesale distributor of specialty insurance products in the U.S. Terms of the transaction were not disclosed. The combination of two leaders in …

People Moves: ARM Names Bulin Head of Investment Consulting; Egglestone Now Resilience Global Head of Claims; Meister Promoted at Distinguished

Egglestone Global Head of Claims at Resilience Resilience today promoted Tom Egglestone to global head of claims. Joining Resilience in July 2022 as international claims leader, UK and Europe, he will now be supporting Resilience clients globally. With prior experience …

People Moves: Hunter Joins Lockton Re in Stamford; Risk Strategies Names Rosenzweig in New York

Hunter Joins Lockton Re in New Stamford Location Jaimie Hunter has joined Lockton Re as a senior broker supporting client development with a focus on casualty business in North America. Hunter will be based in Lockton Re’s new Stamford, Connecticut …

Takeaways from Our Conversation on Environmental Risks for Cannabis Operations

In cannabis, there are the apparent risks – product liability, property, and certainly cyber for medical marijuana operations. However, one of the most apparent risks to a cannabis operation are those that may not get as much media coverage. Environmental …

Lockton Launches Affinity Biz in Australia, New Zealand and Pacific, Led by Dasgupta

Lockton, the world’s largest privately owned insurance brokerage, announced the launch of an Affinity Schemes business in Australia, New Zealand and Pacific. The business will be led by Tanya Dasgupta who recently joined Lockton as National Manager – Affinity Schemes …

People Moves: CFC Taps Markel’s Bailey to Lead Cyber U/W; Lockton Hires James as Head of Facilities & Binders; WTW Appoints Aon’s Van Ede for Trade Credit

This edition of International People Moves details appointments at the MGA CFC Underwriting, Lockton, and WTW. A summary of these new hires follows here. CFC Taps Markel’s Bailey as Cyber Underwriting Leader CFC Underwriting, the London-based specialist managing general agent, …

People Moves: New QBE Marine Hires; Hirschorn Joins Lockton as U.S. Cyber Claims Lead

QBE Appoints New Marine VPs QBE International Markets is increasing its presence in the US marine insurance space and has appointed Sean Dollahon, vice president, US marine manager, and Katie McCord, vice president, senior marine underwriter, to its team. With …

Markets/Coverages: Lockton Launches Digital Asset Custody Insurance Facility; WTW Launches Risk IQ Portal for Direct Access to Modeling Tools

Lockton Launches Digital Asset Custody Insurance Facility Lockton has launched a digital asset custody insurance facility, which was developed by Lockton’s Emerging Asset Protection (LEAP) team in collaboration with leading global custody insurers. The facility is supported by Lloyd’s syndicates, …