Lockton promotes Sarah Downey to US Professional & Executive Risk Leader

Lockton, a privately held insurance brokerage, has promoted Sarah Downey to US Professional and Executive Risk Leader, succeeding Devin Beresheim, who was appointed Lockton’s US Risk Solutions Leader earlier this year.

In her new role, she will report to Beresheim and oversee the team responsible for broking, risk advisory, and claims support across all major financial and professional insurance lines.

Additionally, Downey will lead strategic growth initiatives to strengthen Lockton’s Professional and Executive Risk practices globally.

Downey has over two decades of experience as both an attorney and insurance broker, with deep expertise in financial lines coverage.

Most recently, she served as Lockton’s Head of Operations for Professional and Executive Risk and as Blockchain Advisory Leader.

Under her leadership, Lockton’s Emerging Asset Protection team (LEAP) successfully placed coverage for numerous blockchain platforms.

Prior to this, Downey was Lockton’s US Claims Leader, where she developed and executed the firm’s national strategy for complex claims involving D&O and other financial and professional lines.

Beresheim commented, “Sarah is one of the most forward-thinking and accomplished professionals in our industry. Since joining Lockton, she has consistently advanced our practices and led initiatives that are shaping the future of insurance. I’m thrilled to see her step into this new role and excited for the continued value she will bring to our clients.”

Tim Ryan, US President, Lockton, added, “As our clients continue to navigate an increasingly complex risk landscape, we remain committed to putting leaders in place to guide our teams and deliver exceptional results for our clients. Sarah has a deep understanding of the needs of our Associates, clients, and carrier partners. I am confident that her leadership will bring tremendous value to Lockton and the organisations we serve.”

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