Insurance

Lockton launches emerging asset protection team

The workforce is headed by Sarah Downey, who joined Lockton in April to guide the LEAP workforce and government danger claims. She is without doubt one of the nation’s high D&O, digital asset and government danger claims and protection specialists, Lockton mentioned.

“Along with being core for digital asset-centric firms, digital belongings are enjoying an more and more distinguished position in additional conventional companies, and there’s a rising want for insurance coverage on this house,” Downey mentioned. “The digital asset ecosystem has grown considerably in recent times, creating an much more dire want for insurance coverage on this house.”

The LEAP workforce works with purchasers on probably the most essential danger issues within the blockchain and cryptocurrency sectors, together with crime insurance coverage, specie insurance coverage, administrators and officers legal responsibility, errors and omissions insurance coverage, and cyber insurance coverage. The workforce tailors protection and creates new merchandise and new insurance coverage capability with assist from throughout the group, together with capital markets, reinsurance, captives and surety.

Learn subsequent: Lockton Insurance Brokers names president for Sacramento operations

“The LEAP workforce is aligned with Lockton’s mission to ship high-level consultative and danger administration companies to {the marketplace},” mentioned Carl Moore, accomplice, World Skilled and Monetary Dangers.

“We’re intently targeted on working alongside organizations as they navigate the insurance coverage house,” mentioned Rob Russell, regional director of Lockton’s World Skilled and Monetary Dangers observe in Asia. “Our purpose is to assist them in the end promote the expansion and continued growth of their enterprise.”


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