Lockton has appointed M. Machua Millett as chief innovation officer and alternative investment practice leader within its Lockton Financial Services (LFS) unit.
Millett joins Lockton from Marsh, where he spent 12 years in a variety of leadership roles, most recently as chief innovation officer in the company’s FINPRO Practice. Based in Boston, Millett will report to Gary Phillips, Lockton Financial Services leader for the Northeast.
Millett said in a statement: “Private equity and venture capital firms along with companies involved in SPACs, deSPACs, and similar transactions need access to flexible insurance and risk management advice and guidance that can keep up with their rapidly evolving activities. I’m delighted to join the dynamic and entrepreneurial team at Lockton and look forward to continuing to deliver imaginative solutions to best serve our clients’ needs.”
According to his LinkedIn profile, Millett joins Lockton after nearly twelve years with Marsh JLT Specialty. After joining in August 2010, he worked in a variety of roles at the company before becoming chief innovation officer in November 2014.