Claudia Mandato's send off
In May, over 300 Associates and guests came together in Kansas City to celebrate Claudia Mandato's 40 incredible years at Lockton. A friend to so many of us within the Lockton Global Partnership, we would like to join in sending her our heartfelt congratulations and many thanks for all her support over these many years.
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Lockton hires new US Risk Solutions Leader
In April 2025, Lockton appointed Devin Beresheim as US Risk Solutions Leader — a role that brings together the firm’s Property & Casualty and Professional and Executive Risk practices under unified leadership. Beresheim will report to Lockton US President, Tim Ryan.
This strategic move is part of Lockton’s broader growth strategy, aligning leadership structure with evolving client needs and enhancing the delivery of comprehensive risk solutions.
Since joining Lockton in 2019 as Specialties Leader, Beresheim has been instrumental in transforming the firm’s specialty practices. He has led with a focus on collaboration and innovation, enhancing capabilities in transaction liability, private equity, financial institutions, cyber and technology, claims, and digital asset risk.
Lockton unveils new global parametric insurance practice
In December 2024, Lockton launched its new Global Parametric Insurance Practice. This initiative brings together a team of experts, including data scientists and modelers, dedicated to developing efficient, customised parametric solutions to help clients protect against risks that traditional insurance often overlooks.
As natural disasters such as hurricanes and wildfires increase in frequency and severity, and as new risks arise, including cyber threats and supply chain disruptions, the need for supplementary insurance solutions is growing. The parametric insurance market is projected to reach $39.3 billion by 2032, according to Global Market Insights, underscoring the demand for alternative solutions to cover gaps in conventional commercial property insurance.
Parametric insurance policies provide payouts based on specific event triggers, such as storm magnitude, rainfall levels, or earthquake intensity in a defined location, which may not necessarily sustain physical damage. These policies offer clear transparency and quick payouts, often processed within days of an event, potentially enabling businesses to resume operations with reduced disruption.
Lockton’s Parametric Insurance Practice, with expertise across multiple regions, will guide businesses through comprehensive risk assessments, leveraging data scientists and advanced analytics to identify triggers that can address potential losses. This tailored approach provides a valuable complement to traditional insurance policies, filling coverage gaps with a cost-effective solution where it’s most needed.
Find out more here.
Lockton launches Digital Office
In February 2025, Lockton established a Digital Office to drive innovation in data, analytics, and technology strategies across the Lockton global enterprise. This initiative aims to elevate digital and data capabilities, delivering transformative solutions for clients.
Claude Yoder, who has served as Lockton Re’s Global Analytics Leader since 2019, has been named Chief Data, Analytics, and Digital Officer. Yoder has played a key role in driving Lockton Re's impressive growth, including the creation and development of the proprietary analytics and operational platform, SAGE.
The Digital Office will accelerate digital transformation and growth across all aspects of data, analytics, and technology. By leveraging cutting-edge technologies and data-driven insights, the office aims to enhance client value, drive operational efficiencies, and strategic decision-making, while delivering unparalleled value to clients.
Lockton appoints new President of People Solutions
In February 2025, Lockton appointed Tim Meacham as President of People Solutions in the US. Meacham will be responsible for leading the vision and strategic direction of Lockton's People Solutions business across the US.
Meacham brings a wealth of experience and a proven track record of success both at Lockton and in the industry — with more than 30 years of experience in leading consulting teams advising on employee benefits and human resources. Meacham joined Lockton in 2008 and as COO, oversaw significant growth, fostered a great culture and demonstrated his steadfast commitment to our clients and our people.
In his new role, Meacham’s focus will be on growth, strategy and delivery of expertise that provides value to Lockton clients and attracts the best talent in the industry. He will also focus on expanding the reach of the People Solutions business through strong relationships with clients, carriers, and partners.
Prior to Lockton, Meacham held several senior management and production positions with Wachovia, Johnson & Higgins, and Marsh. Meacham began his career in health insurance underwriting and sales with Group Hospitalization and Medical Services Inc. in 1991.