Lockton, the world’s largest independent insurance broker, announced today that Ethan Crain and Rebecca Cady have joined the company to co-lead its national Healthcare Practice. These additions underscore Lockton’s continued investment in industry specialization and commitment to serving the healthcare industry.
Building on a strong foundation in healthcare risk management and insurance, the addition of Ethan and Rebecca significantly deepens Lockton’s commitment to the healthcare industry. They bring extensive knowledge and a deep understanding of complex healthcare risk to guide the practice as Lockton helps clients navigate rapidly evolving challenges. Their leadership will not only leverage existing healthcare talent and strengths but also drive an enterprise strategy forward through investment, resource alignment, innovation, and tailored solutions to comprehensively meet the evolving and complex needs of healthcare organizations.
"Rapidly evolving regulations, threats to federal funding and reimbursement, uncertainty around supply chain, and continued workforce challenges are threatening the ability of healthcare organizations to deliver consistent high-quality care," said Chris DiLullo, Lockton’s U.S. Industry Practices Leader. "Ethan and Rebecca’s expertise positions us to address the multifaceted challenges facing healthcare today. Their focus on advancing our capabilities places Lockton at the forefront of advice around industry trends, helping clients manage risk, and deliver better outcomes that align with a rapidly changing environment.”
Ethan Crain joins Lockton from Marsh, where he most recently served as a Managing Director for its Healthcare Practice in the Northeast. He has spent over 25 years working with healthcare clients and leading teams of brokers who provide solutions for complex insurance needs across all areas of risk in the healthcare industry. He is a multi-year Risk & Insurance Power Broker winner and sits on the board of directors of The Schwartz Center for Compassionate Healthcare.
Rebecca Cady joins Lockton as a highly accomplished healthcare legal and risk management expert. She most recently served as Chief Risk Officer at Children’s National Hospital and previously had a distinguished legal career at Grace Hollis Lowe Hanson & Schaefer. Rebecca is a former president of the American Society for Healthcare Risk Management (ASHRM) and has been recognized as a Business Insurance Women to Watch, ASHRM Risk Manager of the Year, Risk & Insurance All Star, and RIMS Risk Manager of the Year.
"Lockton has always been dedicated to serving the healthcare industry,” said Ethan. “Today’s healthcare organizations are being asked to do more with less, and I look forward to building on our deep bench of healthcare industry talent and continuing to help clients solve their key challenges."
Rebecca added, "This is an exciting opportunity to bring the voice of the client to the industry. Lockton’s private ownership, commitment to client service, and culture of empowerment enable us to offer specialized solutions for healthcare organizations."
Ethan will be based in Boston and Rebecca will be based in Washington, D.C. Both will report to Chris DiLullo.