Lockton, the world’s largest privately held insurance broker, has made several key appointments in recent weeks. The company expanded its healthcare risk management practice with the addition of Jeffrey Smith as senior vice president, healthcare leader, based in Lockton’s Atlanta office.
“We are thrilled to welcome Jeffrey to the Lockton family,” said Jason Richardson, chief operating officer–Southeast for Lockton Companies. “He adds experience, passion and leadership to an existing healthcare client service team and has the vision to take it to new heights. Jeffrey’s ability to strategically consult and lead companies through the complexities they now face in the industry is stellar.”
In his role, Smith will focus on expanding and driving the delivery of Lockton’s healthcare service suite to existing customers as well as new clients across the country. He will work with a wide array of healthcare providers including hospitals and physician groups. In addition, he will assist eldercare providers in the assisted living, skilled nursing, home health, and related segments on risk management issues including hospital professional liability and medical professional liability insurance.
“I’m very excited to join Lockton and look forward to utilizing the industry’s finest client service team to help risk managers and finance executives navigate this challenging risk landscape and help providers remain competitive as market changes unfold,” said Smith.
“Today’s healthcare providers face a dynamic risk environment across the entire continuum of care. The Patient Protection and Affordability Care Act not only impacts existing risks facing providers, but offers risk managers unique opportunities to quantify and address new, evolving exposures.”
Smith comes to Lockton from McGriff, Seibels & Williams. He was previously with Beecher Carlson for seven years and spent nearly two decades at Aon. He has proven expertise in providing for the property and casualty insurance needs of healthcare providers and has significant experience in risk finance programs for complex casualty risks across multiple industries.
Meanwhile Lockton St. Louis has added healthcare industry leader Matthew Hanis to its healthcare practice. Hanis will provide healthcare sector strategy and business development leadership.
“Matthew has helped large health systems, payers, and healthcare information technology companies better manage clinical and business risk. His analytic approach and experience deepens our already sophisticated healthcare practice,” said Kevin McDaniel, president and CEO of Lockton’s St. Louis operation.
“Hundreds of top executives from Fortune 1000-sized companies have benefited from his diplomatic and consultative approach. His immediate client focus will be in regulatory compliance, cyber security, healthcare reform, and clinical integration risks.”
Hanis comes to Lockton from Advanced Practice Strategies, where he served as vice president of sales and marketing. Previously, he spent eight years at Thomson Reuters, where he contributed as a vice president and general manager of its clinical integration business. He holds a bachelor of arts in history and economics from Tulane University.
In a third significant appointment, Lockton has brought James Dickson, III to its Nashville office as a vice president, client adviser, and business development executive in risk management and commercial insurance.
Dickson specializes in risk management strategy and business development for large and middle market companies in the healthcare, manufacturing, financial services, and restaurant industries. He brings more than 26 years of experience in the financial services industry with a focus on the placement of directors and officers liability insurance and errors and omissions coverage.
“Jim has a successful track record in our industry, both within the Nashville business community and the broader southern region,” said McDaniel.
“These days, clients need more guidance and resources than ever before. Lockton’s client-focused business model attracted Jim to this opportunity and we are thrilled to have him on our Nashville team.”
Dickson comes to Lockton from Willis of Tennessee, where he worked as a senior vice president. Previously, he served as president and board member at Direct General Insurance Company in Nashville. He holds a bachelor’s degree from Texas Christian University.
Another significant Lockton appointment is the addition of Kevin Boland to its Northeast Healthcare Industry Practice. Boland is an account executive at Lockton where he will be responsible for insurance program development, negotiation, placement, and program service for sophisticated clients in the healthcare industry.
Boland comes to Lockton from insurance carrier AIG, where for the last three years he served as branch manager and assistant regional manager for Lexington’s healthcare professional liability division. He also led AIG’s healthcare industry practice team for the Mid-Atlantic region, overseeing cross-selling opportunities for multiple insurance products at AIG.
With more than nine years of insurance experience, Boland has underwritten multiple lines of coverage, including cyber liability, errors & omissions liability, international P&C package insurance, and financial lines.
Collins to Semler
In other people moves, Semler Scientific, an emerging medical risk-assessment company, appointed risk management expert Aidan Collins to its board of directors.
With an extensive career in healthcare risk management and business development, Collins brings a wide range of expertise in strategic, operational and financial management to the Semler team.
Semler’s mission is to develop, manufacture and market patented products that identify the risk profile of medical patients to allow healthcare providers to capture full reimbursement potential for their services.
“Aidan’s experience in developing analytical tools for managing operational risk for healthcare companies and improving operations, including cost reduction, is critical for Semler’s development,” said Dr Doug Murphy-Chutorian, CEO of Semler.
“His leadership skills in business development will also be greatly beneficial as we identify and implement growth opportunities for our company.”
Collins currently serves as the CEO and founder of ControlMetric, a consulting and software company focused on bringing data-driven, fact-based approaches to operational risk management.
Prior to ControlMetric, Collins served as a partner at Bain & Company, from 2007 to 2010, where he led client relationships and consulting projects covering a range of strategic and operations issues, including IT strategy, cost reduction, post-merger integration and operations improvement.
Medical Advantage Group, a healthcare consulting and management company headquartered in Michigan, has appointed Paul MacLellan as its new CEO.
MacLellan most recently served as a director at Blue Cross Blue Shield of Michigan (BCBSM), where he supported several key business systems for BCBSM’s commercial products.
Prior to working at BCBSM, MacLellan played a key role in the launch of two start-up organizations. At RouteOne, he held product management responsibilities for a number of solutions in the North American automotive finance industry. At RealAge.com, he led the team that launched a highly innovative health risk assessment product.
Simultaneously, The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, has completed its acquisition of Medical Advantage Group.
The Doctors Company owned a large stake in Medical Advantage Group prior to the acquisition, along with Physician Holding Company and about 200 independent physicians. Under the terms of the transaction, Medical Advantage Group joins The Doctors Company as a wholly owned subsidiary and will continue to operate out of its Ann Arbor, East Lansing, and Flint offices.
MacLellan predicts that Michigan physicians will benefit from the merger. “With the resources available from the state’s leading healthcare consulting organization and its leading medical malpractice insurer, Michigan physicians are positioned to create a better climate in which to practice medicine,” he said.
“I am pleased to be joining Medical Advantage Group at such a pivotal point in its history.”
healthcare, risk, Lockton, management, insurance