Lockton Appoints Russell Smith as U.S. P&C Claims Leader
Lockton has announced the appointment of Russell Smith as its U.S. Property & Casualty Claims Leader. Smith, based in New York, will report to Vince Gaffigan, the firm’s U.S. Casualty & Market Strategy Leader. The move is described as part of Lockton’s effort to strengthen and better integrate its claims and loss control operations.
Smith arrives from Sompo, where he served as senior vice president and head of casualty claims, overseeing a team of more than 70 professionals. Prior to Sompo, he spent nearly two decades in senior claims roles at Chubb/ACE, including head of casualty claims and casualty chief technical officer, and earlier in his career he worked as a defense attorney.
Lockton executives highlighted Smith’s analytical skills, market credibility, and alignment with the company’s private‑ownership culture. Brett Gillmon, Lockton’s U.S. Property Leader, noted that claims advocacy is a key method for helping clients manage risk and protect balance sheets, and praised Smith’s technical expertise and industry relationships.
Why it matters
Smith’s experience could boost Lockton’s claims services, offering clients stronger risk‑management support.
FAQ
What position did Russell Smith hold before joining Lockton?
He was senior vice president and head of casualty claims at Sompo.
Who will Russell Smith report to at Lockton?
He will report to Vince Gaffigan, Lockton’s U.S. Casualty & Market Strategy Leader.
What prior experience does Smith have in the insurance industry?
He spent nearly two decades in senior claims leadership roles with Chubb/ACE, including head of casualty claims and casualty chief technical officer.
Source: Risk & Insurance. See the original source for full details.
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