Lockton

Kansas City-based Lockton has recruited Jennifer Franze as senior vice president for its Mountain West unit based in Arizona.

The executive joins Lockton after almost 16 years working at AIG, where until recently she served as North America head of cyber.

Brown will focus on enhanced client experience and growth in the region in the newly created position.

Based in Atlanta, Evancho specializes in fixed and rotor wing commercial operations as well as defense industry risks.

Carl Shephard will serve as aviation senior broker in London and Chris Latta as vice president for the US Southeast region aviation practice.

Both executives join the family-owned broker as senior vice presidents based in New York.

Inside P&C’s news team runs you through the key developments from the past week.

The deal forms the latest step in the family-owned brokers build-out in Latin America that elsewhere has been driven by hiring.

The incoming North American casualty fac leader will report to Rob McNamara, Lockton Re’s fac leader, and will help bolster the reinsurance broker’s North American expansion plans.

Higher returns are available, but at the cost of increased revenue risk, slower results and potential cultural challenges.

The executive will head operations and business development for Lockton’s regional hub, including Denver, Phoenix, Las Vegas, Salt Lake City and Seattle.

If rising prices are not addressed in insurance policies, gaps could leave energy sector players uninsured as asset values exceed insurance limits.