Lockton Strengthens its U.S. Casualty Leadership with New Appointments

Lockton Enhances Its U.S. Casualty Leadership

Lockton, recognized as the world's largest privately held insurance brokerage, has recently announced significant leadership changes within its U.S. Casualty business. Peter Rapciewicz has stepped into the role of U.S. Casualty Leader, while Jessica Cullen takes charge as the Head of Excess Casualty and Operations. These appointments aim to bolster the strategic direction and growth of Lockton’s casualty offerings across the United States.

Leadership Changes

Peter Rapciewicz, now in a pivotal position, will guide the strategic vision for Lockton’s casualty services. He will work closely with Devin Beresheim, who leads Lockton’s U.S. Risk Solutions. Cullen, reporting to Rapciewicz, will focus on enhancing Lockton's capabilities in the casualty domain, particularly in supporting the growth of its excess liability platform.

Rapciewicz brings over two decades of insurance experience to the table. Prior to this new role, he served as the Alternative Risk Solutions Practice Leader, where he successfully drove growth and introduced innovative strategies in various solutions like parametric insurance and structured risk solutions. He was instrumental in establishing Lockton’s Global Parametric Practice, which consolidated expertise from around the world to assist clients in exploring unique and effective risk transfer strategies.

On the other hand, Jessica Cullen's journey at Lockton began in 2024, leading the U.S. Casualty Practice based in London. During her tenure, she guided a team of experts in delivering comprehensive global casualty insurance solutions across diverse industries and regions. With her previous experience as Managing Director of the Casualty Practice at Gallagher, she brings a wealth of knowledge to her new position.

Industry Insights

Devin Beresheim, while announcing the leadership appointments, emphasized the intricate nature of contemporary casualty issues businesses encounter. He noted Rapciewicz and Cullen’s formidable capabilities and reputations for innovation, which will serve Lockton's clients exceptionally well. Their depth of technical expertise and commitment to exceptional client service is expected to yield the right solutions elevating businesses to new heights.

In his own words, Rapciewicz expressed enthusiasm about assuming his new responsibilities: “I’m excited to take on the role of U.S. Casualty Leader. Collaborating with Devin and Jessica, alongside our outstanding team will enable us to continue impacting our clients positively.”

Cullen echoed his sentiments, adding that Lockton provides an incredible platform to grow and contribute meaningfully to client success. She is eager to work alongside both Rapciewicz and Beresheim to enhance Lockton's casualty offerings across the U.S.

The Lockton Difference

Lockton’s unique value proposition lies in its independence, driven by its private ownership structure. With more than 13,100 associates operating in over 155 countries, the company is dedicated solely to addressing clients’ risk management and insurance needs. Their global expertise leads to comprehensive solutions, ensuring clients achieve outstanding outcomes.

For further information on Lockton and their services, visit www.lockton.com.

These key leadership appointments exemplify Lockton's commitment to continuously enhancing its service offerings and supporting its clients effectively within the evolving landscape of casualty insurance.