Lockton bolsters Casualty Risk Consulting Practice

Kansas City, MO (December 14, 2020)- Furthering its ongoing commitment to supporting clients’ Total Cost of Risk (TCOR) management, Lockton adds Troy Fenderson to lead the National Casualty Risk Consulting Practice. Fenderson brings 28 years of consultative risk management experience to the Lockton team. In this new role, he will concentrate on advancing Lockton’s strategic risk control consulting strategies in concert with its analytic capabilities.

“The tremendous investments we have made and continue to make in technology and analytic capabilities paired with our talent strategy of hiring leaders like Troy keeps us laser-focused on our commitment to lowering clients’ costs. Our clients expect cutting edge insights to operationalize initiatives that drive improvements,” said Mark Moitoso, Lockton’s head of Risk Practices.

“I am excited about this critical evolution in Lockton’s capabilities and a dedicated consulting focus that will result from the addition of Troy’s expertise,” said Said Taiym, Lockton’s U.S. Chief Operating Officer. “Under Troy’s leadership, Lockton will provide a consistent approach for a growing number of client and prospect opportunities by identifying, implementing, and targeting strategic plans, with quantified reductions in the cost of risk and the metrics to monitor progress for our clients.”

The Casualty Risk Consulting Practice’s objectives are centered around:

  • Optimizing Lockton’s major investments in technology, data, analytical talent, tools, and predictive modeling to advance targeted risk reduction strategies for the benefit of its clients.

  • Building customized strategies for clients to proactively lower their total cost of risk

  • Collaborating with Lockton’s Risk Control Service group to deliver on those strategies

“I am honored and humbled to join the Lockton family and bring my expertise in the casualty risk consulting field to the Lockton team and our clients,” said Fenderson. “My involvement will further express Lockton’s commitment to supporting our internal teams and providing clients with the industry’s leading tools surrounding strategic risk control, analytics, and TCOR management. I look forward to what the future brings for us all.”

About Lockton

What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 8,000 Associates doing business in over 125 countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results.

For 12 consecutive years, Business Insurance magazine has recognized Lockton as a “Best Place to Work in Insurance.”