Lockton has named Peter Schmitz senior vice president and Aviation Practice leader as part of a significant long-term investment in its aviation risk management operations.
Lockton, a global, privately held, independent insurance broker, plans to expand its services to firms across the spectrum of the aviation industry, including corporate aircraft, aircraft management and charter, aircraft parts and component manufacturers, airport operations including fixed base operators (FBOs), aircraft repair and overhaul as well as passenger and cargo airlines.
Schmitz is an aviation insurance industry veteran with 31 years of experience advising clients, structuring insurance programs, and building expert teams. Schmitz will build on Lockton’s existing aviation teams in the U.S. and London to enhance its capabilities. Most recently, Schmitz was CEO of Aon’s Global Aviation Specialty business. He has also been a leader in Marsh’s US Aviation Specialty operations.
Schmitz is a graduate of Florida Institute of Technology who began his career as a commercial pilot, later transitioning to become an aviation insurance underwriter. Schmitz is still a licensed commercial and instrument-rated pilot. Schmitz will be based in Lockton’s South Florida operation in Miramar.
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