The team is led by Sarah Downey, who joined Lockton in April to lead the LEAP team and executive risk claims. He is one of the country’s top D&O, digital asset and executive risk claims and coverage experts, Lockton said.
“In addition to being the core of digital asset-centric companies, digital assets are playing a growing role in more traditional thematic businesses, and there is a growing need for insurance in this space,” Downey said. “The digital asset ecosystem has grown significantly in recent years, creating even greater need for insurance in this area.”
The LEAP team works with clients on the most important risks in the blockchain and cryptocurrency sector, including crime insurance, special insurance, liability of directors and officers, error and exclusion insurance, and cyber insurance. The team builds new products and new insurance capabilities with support across organizations including capital markets, reinsurance, captives and guarantees.
“Lipton’s team is associated with Locton’s mission to deliver high-level advisory and risk management services to the market,” said Carl Moore, a partner at Global Professional and Financial Risk.
“We’re focused on working with organizations,” said Rob Russell, regional director of Global Professional and Financial Risk Practice in Lockton, Asia.