Lockton is bolstering its transaction liability team with key hires across the three transaction liability insurance product lines: Representations and Warranties Insurance, Tax Liability Insurance and Contingent Liability and Litigation Insurance.
These hires come on the heels of Lockton’s addition of practice leaders Joshua Halpern, Eric Ziff, Gaurav Sud, and Matthew Heinz in the past six months.
Industry veterans Eddie Kim, Paul Ahn, Emily Rosen and Nicole McCarthy join Lockton’s R&W insurance practice. With backgrounds that span practice at major law firms and years of brokerage on complex and fast-moving R&W insurance placements, Lockton has further solidified its standing as the industry’s premier broker in this segment.
Dan Berger joins Lockton from AIG, where he served as the lead tax insurance underwriter for North America and will now lead Lockton’s tax liability insurance practice. Berger’s prior experience as a tax attorney includes roles at Brookfield Asset Management, Moelis, and Proskauer Rose. Joining Berger in the tax insurance practice is Yonatan Tammam, a fellow tax lawyer who joins Lockton most recently from Kirkland & Ellis.
To head up its contingent liability and litigation insurance group, Lockton has hired Michael Perich. Perich joins the firm after spending most of his career in the litigation funding industry, where he held roles at Gerchen Keller, Burford Capital and most recently, Westfleet Advisors, a litigation finance advisor and broker.
MarshMcLennan Names Brennan, Kuratek to Legal Posts
MarshMcLennan has appointed Katherine J. Brennan as general counsel of Marsh LLC and Connor Kuratek as deputy general counsel and corporate secretary of MarshMcLennan. Both appointments are effective June 1.
In her new role, she will lead all legal and compliance strategy for the Marsh business globally. Brennan will continue to chair MarshMcLennan’s environmental-social-governmental (ESG) management committee and the company’s enterprise-wide crisis management team. She succeeds Susan A. Stone who has served as Marsh general counsel since 2017 and has just been appointed as executive vice president and general counsel of CNA.
Brennan will report to John Doyle, president and CEO, Marsh, and Peter J. Beshar, executive vice president and general counsel, MarshMcLennan.
Kuratek succeeds Brennan and will report directly to Beshar. Kuratek most recently served as chief corporate counsel and assistant corporate secretary of MarshMcLennan, and was responsible for public filings, mergers and acquisitions, and other strategic corporate transactions across the company. Prior to joining the company in 2016, he was a capital markets associate at Davis Polk in New York.
Kemper CEO Lacher Adds Chairman Role
The Kemper Corp. board of directors has elected Joseph P. Lacher, Jr., Kemper’s president and chief executive officer, and current director, to the additional role of chairman of the board.
Lacher succeeds Robert J. Joyce, who has shifted from the role of non-executive chairman to independent lead director.
Lacher joined Kemper in November 2015 as president, chief executive officer and director. Prior to joining Kemper, he served in several senior executive roles in the insurance industry, including president of Allstate Protection, where he led the company’s property/casualty offerings. Prior to Allstate, he spent 18 years at the Travelers Companies, ultimately serving as executive vice president of Personal Lines and Select Accounts.
BMS Re Appoints Matheny as U.S. CFO
Specialist insurance broker BMS has appointed Eric Matheny as chief financial officer of BMS Re.
Steve Korducki, the current US CFO, will be taking a more active role in client facing activities, particularly around Capital Advisory, Property Cat Solutions and corporate strategic alliances as Vice Chairman of BMS Re.
Matheny joins BMS Re from North America at Allianz Global Corporate and Specialty (AGCS), where he was head of Operations. Prior to that, he ran his own consultancy business for two years as a financial planner in Chicago. Matheny began his career in finance in General Electric’s Financial Management Program in 1987, after which he held senior roles at General Electric, including as CFO of the business’ French life insurance company Vie Plus and as CFO of GE Capital’s Consumer Lending business.
Matheny will be based in BMS’s Chicago office and report to Pete Chandler, president and CEO of BMS Re.
Moore Heads Sompo International Crop Insurance Agency Relations
Sompo International Holdings said that Billy Moore has joined as senior vice president of Agency Management for AgriSompo North America, Sompo International’s North American crop insurance platform. In this role, Moore will be responsible for the overall management of agency relationships and the marketing of the company’s risk management offerings.
Moore brings 25 years of crop insurance leadership and risk management experience to his new role. His experience in the industry includes loss adjusting, sales and marketing, training, and general operations. Mostly recently, Moore served as chief operating officer and president of Insurance for Ag Resource Management, a niche provider of agricultural finance and risk management products.
Moore will report to Bob Haney, executive chairman of AgriSompo and CEO of AgriSompo North America, the newly combined crop insurance operation made up of ARMTech and Diversified Crop Insurance Services.
Topics Liability
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