Kansas City, Mo.-based insurance broker Lockton said it has formed a single Lockton Northeast team combining the operations of its New York City and Hartford, Conn., offices.
The Lockton Northeast operation will provide clients access to expanded expertise in a number of areas. It serves a variety of clients with specialties in construction, private equity, real estate, Fortune 1000 enterprises and public entities.
Michael Calabrese will lead the new team as chairman and chief executive officer of the operation. Tim Ryan was named chief operating officer.
“Clients will benefit from the depth of talent in our combined Lockton Northeast team,” Mr. Calabrese said. “As a combined team, clients can tap more expertise and smarter solutions. Despite the challenging economy, we see continued growth opportunities in both property-casualty insurance and employee benefits.”
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