WASHINGTON, Feb. 6, 2014 /PRNewswire/ -- Lockton Companies announced Frank Vento has joined as Vice President and leader of the investment management practice in Lockton's Washington D.C. office. Lockton is the world's largest privately held insurance broker.
In this role, Vento will bring his industry expertise and more than 20 years of professional experience as a broker and underwriter to bear in crafting innovative risk management and insurance solutions for investment advisers, mutual funds, broker-dealers, private equity funds, alternative investment funds, and other investment management vehicles and firms.
"Frank is a natural fit for our organization," said Bob Connolly, President of Lockton's Washington D.C. operation. "His leadership serving the investment management and advisory industry demonstrates Lockton's ongoing commitment to invest in industry-leading resources for the benefit of our current and future clients."
Vento honed his investment management industry expertise working for the industry's captive insurance company, which is sponsored by the Investment Company Institute, the trade group for investment advisers and funds. In that role, he was responsible for underwriting professional and management liability programs, client service, and retention revenue growth. He contributed to product innovation as a member of the team that developed state-of-the-art money market fund default and mutual fund independent director liability insurance programs.
Frank Vento will operate out of the Washington D.C. office at 1801 K Street NW, Suite 200,
Washington, DC 20006. He can be reached by phone at (202) 414-2669 or via email: firstname.lastname@example.org.
More than 4,950 professionals at Lockton provide 35,000 clients around the world with risk management, insurance, and employee benefits consulting 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 insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For four 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.