US based insurance brokerage Lockton has appointed Devin Beresheim as its US risk solutions Leader.
The role said to consolidate the company’s property and casualty (P&C) and professional and executive risk practices.
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Beresheim, who joined Lockton in 2019 as specialties leader, will report to Tim Ryan, Lockton US president.
Beresheim played a key role in reshaping the company’s specialty practices, with a focus on collaboration, boosting Lockton’s capabilities across areas such as claims, cyber and technology, digital asset risk, financial institutions, private equity and transaction liability.
Ryan said: “I am excited to announce leadership changes that will align our growth strategy with client needs, driving our business forward and enhancing the service we provide. Devin’s track record of building connectivity, attracting top-tier talent and expanding our specialty capabilities makes him the ideal leader to drive this integration. His vision will ensure Lockton continues to deliver differentiated value across the full spectrum of risk.”
Beresheim added: “I am honoured to step into this role and build on the strong foundation our teams have created. Bringing these practices together will allow us to streamline operations and offer clients seamless access to the expertise they need to navigate an increasingly complex risk environment.”
Earlier this month, Lockton expanded its expertise in cyber risk management through a collaboration with Axio, a company specialising in cyber risk quantification technology.
Last month, the company also formed a professional and executive risk practice, merging the US-based Lockton Financial Services and International ProFin teams.
The company, which operates with over 12,500 associates in more than 140 countries, attributes its client-focused approach to its private ownership model.
