Lockton reveals two new hires from rival Marsh

Global re/insurance broker  Lockton has bolstered its transaction liability practice with two new hires from Marsh.

Intellectual property experts Jason Sandler (pictured left) and Craig Taylor (pictured right) have joined Lockton’s intangible Asset and contingent liability practice, a division within its broader transaction liability division.

The duo bring significant experience in IP matters and associated credit and monetisation strategies, including collateral protection insurance. In their roles, they will advise clients on the placement of coverages that support the residual value of IP, in addition to working with Michael Perich, head of litigation insurance, on policies that provide support for IP-related disputes and litigations.

Sandler was most recently a senior vice president at Marsh, responsible for the development of risk management solutions to manage complex financial liabilities. Taylor also joins Lockton from Marsh, where he was a senior vice president. Prior to that, he served within the technology and intellectual property practice at Gallagher.

“The addition of Jason and Craig to our team represents a further commitment from Lockton to provide cutting-edge solutions to the challenges facing our clients,” said Gaurav Sud, partner and co-practice leader. “We are deeply focused on innovation and believe that Jason and Craig will help our clients extract value from their IP assets, an asset class that is only taking on added importance as technological development accelerates and in the context of macro-economic uncertainty.”

Sandler commented: “We could not be more excited to deliver novel insurance solutions to Lockton’s clients. At the same time, we understand that our clients are best-served by marrying client-driven innovation with insurance carrier collaboration as we break new ground.”

Taylor added: “Our goal is to create an IP-focused insurance strategy that will be sustainable for the long term for all stakeholders in the process, and deliver results for years to come.”

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