Privately held insurance broker Lockton Cos. said it has combined its Manhattan and Connecticut offices into a single team that will focus its efforts on the entire Northeast region.
Lockton said its newly combined Northeast team would offer clients access to expanded expertise in executive and financial risks, complex risk management and employee benefit consulting.
“As a combined team, clients can tap more expertise and smarter solutions. Despite the challenging economy, we see continued growth opportunities in both property and casualty insurance and employee benefits,” said Michael Calabrese, chairman and chief executive officer, who will lead the executive team at Lockton Northeast.
Tim Ryan has been named chief operating officer for Lockton Northeast, and other senior executives at Lockton Northeast are Gary Giulietti, Bill Husic and Gary Mathieson.
Lockton Northeast includes a staff of 70 in Farmington, Connecticut, which is a suburb of Hartford, as well as offices at 7 Times Square Tower in Manhattan.
Lockton started its Connecticut operation in 2001, and in New York City in 2006.
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