Global re/insurance broker Lockton has appointed private equity specialist Dane Lupe to its Pacific region as Senior Vice President, Producer.
Based in Los Angeles, Lupe will be partnering with private equity and commercial real estate firms to provide guidance in proactively mitigating, transferring and insuring their risk.
Lupe has over 13 years of experience in the property and casualty, employee benefits and private equity insurance arenas, starting in the industry at Lockton, where he was responsible for client relationships and account servicing.
During his tenure at Arthur J. Gallagher & Co. as Area Senior Vice President, he focused on risk management consulting, coverage review and insurance program structuring for commercial real estate developers, private equity firms and middle market companies involved in M&A activity.
Lupe commented: “It’s not the same market as a few years ago, companies are grappling with rising costs and a hardening insurance market. Exasperated by the pandemic and its effect on the economy, some companies have been forced to make operational changes, causing significant gaps in their risk management programs and without critical coverages they need.”
“It was always my hope to return to Lockton. Lockton’s reputation in the PE community and the depth of experience of its transactional liability and due diligence teams are second to none.”
Nate Mundy, COO of Lockton Pacific said: “Dane brings deep relationships in the private equity community and experience in structuring solutions to mitigate exposures inherent with mergers and acquisitions. We are excited to welcome him back to Lockton in this new role, where he will be a great asset to clients looking for best-in-class service and superior results.”