Lockton Elevates Leaders to Transform U.S. Casualty Strategy
Lockton's New Leadership for U.S. Casualty Division
Lockton, the largest privately held insurance brokerage globally, has made significant new leadership appointments in its U.S. Casualty business. Peter Rapciewicz will now lead this division as the U.S. Casualty Leader, while Jessica Cullen steps in as Head of Excess Casualty and Operations. This strategic shift emphasizes Lockton's commitment to strengthening its casualty offerings and enhancing client services.
Peter Rapciewicz: A New Era in Casualty Leadership
In his elevated role, Rapciewicz is responsible for the strategic direction and growth of Lockton's casualty services across the U.S. He will report to Devin Beresheim, the U.S. Risk Solutions Leader. Rapciewicz brings over two decades of rich insurance industry experience to his new position, having spent more than ten years in leadership roles at Lockton. His prior role as Alternative Risk Solutions Practice Leader saw him guide the team to substantial growth, offering innovative solutions in areas like parametric insurance and structured risk strategies.
Jessica Cullen: Strengthening Excess Casualty Operations
Cullen, who joined Lockton recently, has quickly made her mark as the Head of the U.S. Casualty Practice. Previously, she served as the Managing Director at Gallagher, where she amassed over 20 years of industry experience. In her new position, she will oversee the expansion of Lockton's excess liability platform, contributing to the overall enhancement of its casualty capabilities. Her focus on delivering comprehensive insurance solutions across industries and geographies makes her an ideal leader for this role.
Innovative Approaches to Risk Management
The insurance landscape today is increasingly complex, and understanding the unique challenges facing businesses is crucial. Devin Beresheim expressed confidence in Rapciewicz and Cullen's proven leadership abilities, emphasizing their commitment to delivering tailored solutions for clients. He stated, "Pete and Jessica are established leaders known for their innovative problem-solving skills. With their technical know-how and strong dedication to client service, I am confident they will provide the right solutions to empower our clients to thrive. "
A Vision for the Future
Rapciewicz has shared his excitement about taking on the role of U.S. Casualty Leader. He acknowledged the value of working alongside the talented Alternative Risk Solutions team throughout the years and expressed eagerness for continued collaboration with both Beresheim and Cullen. "I’m looking forward to enhancing our casualty strategies and working with the fantastic colleagues we have at Lockton," Rapciewicz said.
Similarly, Cullen expressed her enthusiasm for her role at Lockton, highlighting the supportive environment the firm provides for career growth and impactful client engagement. "Lockton has already shown itself to be an outstanding place for career progression, and I’m thrilled to take part in dictating our future in casualty markets across the U.S.," she stated.
As Rapciewicz and Cullen settle into their roles, they will be based in New York City, focusing on collaborating with specialists globally to enhance Lockton's casualty offerings.
About Lockton
Lockton's uniqueness and excellence stem from its independence. With more than 13,100 Associates operating in over 155 countries, Lockton focuses squarely on meeting the risk and insurance needs of clients. This global expertise equips them to achieve remarkable results for their clients. For more details, visit www.lockton.com.
Frequently Asked Questions
What recent leadership changes has Lockton made?
Lockton has appointed Peter Rapciewicz as U.S. Casualty Leader and Jessica Cullen as Head of Excess Casualty and Operations.
What experience do the new leaders bring to Lockton?
Rapciewicz brings over 20 years of industry experience, while Cullen has 20 years, including her previous role at Gallagher.
Who do the new leaders report to?
Peter Rapciewicz reports to Devin Beresheim, while Jessica Cullen reports to Rapciewicz.
Where are Peter Rapciewicz and Jessica Cullen based?
They are based in New York City as they lead their respective divisions.
What sets Lockton apart as an insurance brokerage?
Lockton stands out due to its private ownership, allowing a focus solely on client needs across the globe.
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