BOSTON, Jan. 26, 2015 /PRNewswire/ -- Lockton, the world's largest privately held insurance broker, has promoted Chip Manozzi to executive vice president and leader of its Boston office. Manozzi also will join the executive committee of Lockton's Northeast operations.
"Chip is a proven leader and played a critical role in our success when we entered the Boston market," said Tim Ryan, chief operating officer of Lockton's Northeast operations. "In his new role, Chip will lead both business development and our recruiting efforts as we look to grow the Lockton team in Boston. He will also help shape the direction of our business as Lockton continues its New England expansion."
Manozzi joined Lockton in 2013 as a founding member of the Boston operation. He has worked in risk management and commercial insurance for more than 30 years, advising a wide array of multi-national clients. His expertise includes development of captive insurance companies, alternative risk finance, and collateral funding alternatives. Manozzi has held a number of senior positions at major brokerage houses in Boston and elsewhere in the United States.
More than 5,300 professionals at Lockton provide 41,000 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, independent insurance broker in the world and 10th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. 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.