Lockton, the world's largest privately held, independent insurance brokerage, today announced the appointment of Tony Addino to lead the firm’s U.S. Private Equity Practice. The newly nationalized practice will deliver coordinated and streamlined service to private equity firms and their portfolio companies by aligning risk, people, and transaction solutions across geographies.
"Clients are seeking a partner that understands risk and opportunity across their portfolio—not just at the deal level," said Tim Ryan, Lockton's U.S. President. "This national practice formalizes and expands Lockton’s existing strong position in the private equity sector by bringing together experts from across the firm to create a more coordinated approach to serving the unique risk and people needs of private equity firms and related businesses.”
Expert Leadership
Addino, who previously served as Lockton’s executive vice president and private equity leader for the northeastern U.S., has more than 30 years of experience delivering top-tier service for private equity firms across a wide variety of industries. Prior to joining Lockton in 2021, he worked at several other global insurance brokerages, focusing largely on the private equity sector.
“Tony carries a proven track record of creating value for clients and growing and leading teams that drive client service excellence and organizational and business success,” said Ryan. “I can think of no one better suited to build this next iteration of Lockton’s private equity business.”
A Coordinated Approach to a Growing Market
Lockton’s national platform is designed to meet the evolving expectations of private equity firms, which are increasingly prioritizing partners with coordinated, enterprise-level capabilities, consistent service delivery, and data-driven insights.
The practice will bring together Lockton’s expertise across risk solutions, people solutions, transaction advisory, and portfolio management.
“Private equity has been a strategic focus at Lockton as the industry grows and evolves,” said Ryan. “By establishing a dedicated U.S. Private Equity Practice, we are aligning our national capabilities to deliver a more consistent, scalable, and sophisticated experience for our clients, positioning Lockton as the leading partner for Private Equity firms."
Tony is based in New York City and reports to Tim Ryan.