Lockton bolsters life sciences practice

Lockton bolsters life sciences practice

Lockton, the world’s largest private insurance broker, has announced the appointment of Brad Zechman and David Salvucci as co-heads of its life sciences practice.

In their new roles, Zechman and Salvucci will be responsible for providing tools, strategic advice and tailored risk solutions to companies in the life science ecosystem. Both are based in Philadelphia.

“Lockton’s success has always been based on developing innovative solutions for our customers in differentiated industries,” said Zechman. “We are excited to lead this practice, which will act as an extension of our clients’ teams as we help them manage the risks of today and provide proactive advice for the future.”

Zechman comes to Lockton from Aon, where he led many of the company’s largest life sciences client relationships.

Salvucci also comes from Aon, where he spent 17 years managing client relationships, leading brokerage teams and developing property and casualty insurance programs for global, mid-market and emerging life science companies.

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“Lockton has a strong reputation for independence and creativity among life science companies and underwriters,” said Salvucci. “Brad and I look forward to working together to lead the life sciences practice and help our clients achieve their goals.

Zechman and Salvucci are the latest additions to the Lockton team. Earlier this month, the company named Kevin Haas as senior vice president and unit manager for the Pittsburgh and Cleveland markets. Last month, the company strengthened its cyber practice with the appointment of Matthew Silley.

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