DALLAS, July 14, 2015 /PRNewswire/ -- Lockton announced Jay Chappell has joined its Dallas/Ft. Worth operation as Chief Operating Officer for its property-casualty operations. Lockton is the world's largest privately held, independent insurance broker.
In his role, Chappell will provide leadership and strategic business oversight for client service for Lockton's risk management operation, which serves more than 808 clients with an emphasis on Fortune 1000 and middle market companies. He will lead a team of 125 Associates in offices in both Dallas and Ft. Worth.
"No other role touches so many people in our company, making it imperative we bring in the right person," said Frank Scardino, President of Lockton's Dallas/Ft. Worth property-casualty business. "I have confidence that Jay is the right person. He has a proven track record of growing businesses through strong leadership, developing talent, and serving clients effectively."
Chappell was most recently regional partner for Willis of Texas, Inc. where he had leadership responsibility for Willis' Dallas, Austin, and Oklahoma operations. Prior to Willis, Chappell spent 10 years with Marsh advising clients on directors & officers, errors & omissions and other executive risk coverages. He holds a bachelor's degree in business from Wilifrid Laurier University in Waterloo, Ontario.
More than 5,600 professionals at Lockton provide 48,000 clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their 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, independent insurance broker in the world and 10th largest overall. For six consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.