Lockton Cos. Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office. The New York office is being led by Co-Presidents MICHAEL CALABRESE and GARRETT MATHIESON, who join Lockton after careers with national brokerage competitors.
Calabrese formerly headed Aon's Mergers & Acquisitions practice, while Mathieson previously held the position of vice chairman, Willis Risk Solutions North America.
Additional hires in Lockton's New York office include MARIA MCHUGH, GARY PHILLIPS and BRAD HART.
McHugh will serve as the New York health and welfare practice leader. She was previously a managing director at Frank Crystal & Co.
Phillips, senior vice president, will be the financial services practice leader in the New York City retail office. Phillips joins Lockton from Palmer & Cay/Wachovia.
Hart has joined Lockton as senior vice president of its New York City retail office. As risk services practice leader, his department will be responsible for the delivery of claims management, health and safety, property risk engineering, and loss metric services to their clients. Brad joins Lockton after 25 years with Willis.
Willis Group Holdings Ltd. has announced the appointment of DEREK A. SMYTH as chief financial officer of the company's North American operations. Smyth, based in New York City, joins Willis from General Electric Co., where he served as vice president for securitization, as well as strategic pricing, financial planning and analysis.
In addition, BERNARD DESCHAMPS has joined Willis Group as executive vice president and office director of its Montreal operations. Deschamps joins from Groupe Ultima Inc., where he was president and general manager. Simultaneously, he served as the general manager and corporate secretary of La Mutuelle des Municipalites du Quebec.
The company has also announced that FRANK CASTRO JR. has joined Willis as senior vice president of the company's Managed Care practice, based in Los Angeles. Formerly at RLI Insurance Co. and National Union, a division of AIG, Castro was responsible for development, growth and profitability of the Professional Liability Unit, which included development of managed care professional liability, health-care organization Internet liability and assorted health-care products.
?Compiled by staff from news and company releases.
April 15, 2006
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