Lockton has promoted Chip Monozzi to executive vice president and leader of its Boston office.
He will also join the executive committee of the firm’s northeast operations.
Monozzi joined Lockton as a founding member of the Boston operation and has worked in risk management and commercial insurance for more than 30 years.
His expertise includes development of captive insurance companies, alternative risk finance, and collateral funding alternatives.
He has held a number of senior positions at major brokerage houses in Boston and elsewhere in the US.
Tim Ryan, COO of Lockton's Northeast operations, commented: "Monozzi is a proven leader and played a critical role in our success when we entered the Boston market.”