Lockton Companies, the world’s largest independent insurance brokerage firm, announced today the promotion of Rich Reda to President of People Solutions for Lockton’s Founders Series region, based in Kansas City with offices in Iowa, Michigan, Minnesota and Nebraska.
“We are thrilled to announce Rich’s expanded role to President of our People Solutions team,” said Joe Agnello, Lockton Founders Series’ Chief Executive Officer. “Rich brings a wealth of knowledge and a passion for people and innovation that makes both our clients and their people’s lives better.”
A 30-year industry veteran, Reda joined Lockton in 2000 as the founder and first director of the voluntary benefits consulting practice, Benefit Communication Insourcing (BCI). Under Reda’s leadership, the practice has grown to employ more than 250 benefit communication experts at companies across the country, partnering with clients to implement diverse benefit communication strategies individualized to their culture to ensure an optimal employee experience. Reda works with large health systems and numerous Fortune 1000 companies to optimize their investments in employee engagement and benefits.
“I couldn’t be more excited and honored to serve as the President of the Founders Series’ People Solutions practice,” said Reda. “We are uniquely positioned, and committed, to provide our clients strategic advisory, not tactical brokerage. In an industry that has suffered due to lack of real competition or transparency, our plan sponsors and plan participants deserve better. We believe our role is to minimize the effects of inflation while also ensuring the end users of these plans are educated and engaged consumers.”
Lockton believes companies can reach their full potential when their people reach theirs. That’s why employers need solutions that help balance attracting and retaining talent, managing costs, and promoting employee well-being. Lockton’s People Solutions practice, with more than 300 Associates in the Founders Series, works with clients to make their organizations and their people’s lives better by delivering solutions that improve experiences and engagement, provide effective total rewards and benefits, and help control overall costs.