CHICAGO, May 13, 2019 /PRNewswire/ -- Patrick Moore joins Lockton as senior vice president and employee benefits consultant for Lockton Midwest with his primary office in Chicago. He brings more than 25 years of experience in the insurance industry focusing on employee benefits. Moore will partner with employers to create programs that offer a high level of benefits while mitigating price increases.
"Chicago employers are struggling to maintain a high level of benefits and not pass on the 7 to 10 percent increases associated with keeping your benefits program status quo. They need help navigating this environment," said Tom Schaffler, chief executive officer of Lockton Midwest which has offices in Chicago, St. Louis, Milwaukee, Memphis, Nashville and Pittsburgh. "Patrick brings an in-depth knowledge of the challenges that employers are facing and the solutions available."
The unemployment rate in the Chicago area has dropped 0.9 percent in the past year to 4.3 percent. While experiencing an uptick in the employment rate, Illinois has had five consecutive years of population loss, losing 45,000 people in 2018 alone. Employers need a competitive benefits program that meets the needs of their employees and organization.
"Employers are struggling to maintain cost-effective quality benefits programs," said Moore. "But if employers are willing to consider new ideas and manage claims efficiently, we can create a plan that is sustainable for the future."
Moore is experienced in creating personalized benefits programs. He spent 12 years leading Diversified Insurance Services of Illinois, his own employee benefits firm. After selling the firm to USI, he remained with them as a senior vice president for 15 years before moving to Lockton.
"One of the things that attracted me to Lockton is their outstanding reputation," Moore said. "I am excited to work with a company that supports their Producers and Associates in making decisions that are best for our clients."
Moore is part of the Midwest series which encompasses offices in Illinois, Missouri, Western Pennsylvania, Tennessee and Wisconsin. He is based out of Lockton's Chicago office which is located at 500 W. Monroe St., Suite 3400, Chicago, IL 60661 and can be reached by calling 312-669-6741.
Lockton is a global professional services firm with 7,000 Associates who advise clients on protecting their people, property, and reputation. Lockton has experienced rapid organic grown by helping clients achieve their objectives. For 10 consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance."