Lockton lures 16-years AIG veteran for ‘critical’ US role

Global insurance broker  Lockton has tapped the expertise of a 16-year AIG veteran to assume the top cyber and technology leadership role in the US, as well as lead its efforts in expanding its presence in the errors and omissions (E&O) space.

Chuck Jainchill (pictured) has joined Lockton as US cyber & technology product leader.

Lockton said in this “critical” role, Jainchill will lead its efforts in all aspects of cyber and technology E&O products. With his extensive experience, he will manage Lockton’s insurer relationships, develop innovative products and provide support to broking teams as the lead coverage resource. Additionally, Jainchill will collaborate closely with Lockton's claims, risk consulting, and data and analytics teams to deliver cutting-edge cyber solutions.

Jainchill joins Lockton after 16 years at AIG, where he most recently served as the global cyber product development leader. Prior to that role, he held the position of division counsel of the professional liability division for AIG Financial Lines. Prior to AIG, he worked as an attorney in private practice, including in the corporate litigation department of Skadden Arps Slate Meagher & Flom.

Based in New York, Jainchill will report to Lockton's US cyber & technology practice leader, Michelle Faylo, who said: “I am thrilled that Chuck is joining Lockton's growing cyber team. His profound technical expertise and legal background make him a perfect fit for our organization. With his arrival, our clients and associates will benefit greatly from his knowledge and experience."

Jainchill commented: “Lockton's commitment to independence and client-focused approach have solidified its position as an industry leader and a dynamic workplace. I look forward to working with the entire cyber team to serve clients and provide tailored solutions that align with their business needs."

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