FAIRFAX, Va., March 18, 2013 /PRNewswire/ -- Lockton is pleased to announce the addition of Mark Duggan to its Fairfax office in the surety and construction risk management practice. As an in-house financial analyst based in the Lockton Kansas City office, he conducts market analysis including financial trend analysis, completed/uncompleted project profit analysis, contractor peer comparison analysis, financial forecasting, and surety market analysis. He is active in many surety and construction-related organizations and boards.
Duggan came to Lockton in 2008 from State Street Bank & Trust, where he was a Portfolio Administrator. He earned a Bachelor of Science in business administration and management from the University of Missouri-Columbia.
"As a leading writer of surety bonds, we look forward to Mark's expertise and support to serve our clients and continue adding to our growth in the Washington D.C. and northern Virginia construction markets," said Doug Crowe, Producer with Lockton Fairfax.
The Lockton Fairfax office was opened in August of 2010 as a satellite of the Washington D.C. office. From its inception, the office has focused on the construction industry, real estate development, government contracting, hospitality, utilities, and international exposures and issues.
More than 4,450 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, and risk management services that improve our clients' businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates awarded Lockton its 2011 Service Excellence Award for risk management for large companies. For three consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.