Lockton's Denver Office Adds Schwander Ins. Services

The Denver office of Lockton Companies LLC, a privately held insurance broker, has strengthened its capabilities in the financial services sector with the acquisition of Schwander Insurance Services of Centennial, Colo.

Schwander CEO and President Michael Schwander will become executive vice president at Lockton Denver. He and his team have a strong track record in the specialized area of executive risk management, including directors' and officers' liability, fiduciary liability and employment practices liability.

Also joining Lockton are Kenneth Capone, who has been appointed senior vice president and Financial Services department manager, and Ana Holdren, who was named an assistant vice president at Lockton. Angela Hamilton, Bonnie Reps and Breanna Sheldon will also join as Associates.

"Mike and Ken are two of the top financial services brokers in the country. We are fortunate that they have joined Lockton," said Charles McDaniel, president and CEO of Lockton Denver. "The addition of Mike and Ken and their team brings a wealth of talent in financial services. Their relationships, technical expertise and experience will serve our clients well."

Lockton Executive Vice President, Steve Lockton, said, "The addition of Schwander and his team adds depth and experience to our global financial services practice."

Schwander has 28 years' experience in the insurance brokerage business, most of them in senior management positions at Aon Corporation, a global insurance brokerage firm. His professional background has included traditional transactions, IPOs, bankruptcies, funding mechanisms, multiyear structures, mergers/acquisitions and evergreen clauses. Schwander is also considered a national expert in complex directors' and officers' liability claims.

Lockton employs 250 people in its Denver office, located at 8110 East Union Avenue in Denver.