Appointments are part of a carefully developed succession plan for the future leadership of its LFS Practice
LOS ANGELES, CA (May 13, 2021)—Lockton Insurance Brokers, LLC, the Pacific region of global insurance broker Lockton Companies, recently named Harpreet Ubhi and Reid Eanes as Managing Directors to lead its LFS (Lockton Financial Services) Practice. Executive Vice President & Managing Director Dana Kopper, who will be retiring on December 31, 2021 after 42 years of service, will continue on at Lockton as a senior advisor and will be involved, as needed, with complex client and litigation matters.
“After 18 years of leading LFS Pacific, I am thrilled to pass the torch to Harpreet and Reid, who have been working closely with me in leading our practice for many years,” says Kopper. “They are some of the most qualified financial risk advisors in our industry with unrivaled reputations and depth of experience. They have not only earned the trust of clients, carriers and associates alike, but their leadership will be vital to continuing the legacy of service excellence and unwavering commitment to clients that we have built for nearly two decades.”
Ubhi and Eanes bring over thirty years of collective experience in the industry, specializing in directors & officers liability, employment practices liability, corporate governance risk management, private equity and corporate acquisitions across all industry sectors.
Ubhi draws on 18 years in insurance, where he served as Assistant Vice President of Private Equity and M&A Services at Marsh before joining Lockton’s LFS team in 2008. He steps into his new role after his tenure as Senior Vice President, Pacific North LFS Practice Leader.
“Our focus will be perpetuating and building on the legacy we inherited from Dana, who grew this practice from the ground up to become the largest, most vibrant LFS practice within the Lockton organization,” says Ubhi. “At the center of this growth is our people and clients. The longevity, cohesiveness and technical expertise of our team, who work in close collaboration with our broker and claims groups, consistently drive positive outcomes for our clients.”
Eanes underscores the value of Lockton’s LFS Practice for clients, many who have been challenged by recent circumstances.
“We have a deep bench of talented professionals who thrive on helping clients prepare for the unexpected and, when faced with unpredictable events, adapt and overcome,” he explains. Eanes joined Lockton’s LFS team 15 years ago and has served in various leadership roles since 2013, most recently as Pacific South LFS Practice Leader. “Take this year; in the middle of a global pandemic, we added many new team members, executed a plan to transition our leadership, and grew by over 30%, all while our team worked remotely for 14 months to deliver big results. Amidst all of this, we helped our clients through the most critical of times to emerge stronger.”
The appointments of Ubhi and Eanes are part of a long-term leadership succession plan under development for the past 10 years. The succession plan also encompasses the leadership transition of the LFS Pacific Claims Practice.
Raymond Dion, who has led LFS Pacific Claims for the past 11 years as Senior Vice President, Insurance & Claims Counsel, has retired. He will remain as a part-time legal advisor to the LFS Pacific Claims team and will continue to work with selected clients to resolve existing, complex legacy claims. With more than 35 years as a practicing attorney, Dion successfully developed and led the LFS Claims Practice in the Pacific region and has been instrumental in growing the LFS Claims Practice nationally.
Now heading the LFS Pacific Claims practice is Betsy Carpenter, Senior Vice President, Insurance & Claims Counsel. She has practiced law for more than three decades and has served Lockton for the last 18 years. In her new role, she will also serve the LFS Claims Group internationally.
Lockton’s rapidly growing Pacific region encompasses nine offices throughout the Western United States including Portland, Sonoma, San Francisco, San Jose, Sacramento, Encino, Los Angeles, Irvine and San Diego.
Ubhi is based in Lockton’s San Francisco office located at Three Embarcadero Center Suite 600, San Francisco, CA 94111. He can be reached by calling (415) 568-4000. Eanes is based in Lockton’s Los Angeles office located at 777 South Figueroa, 52nd Floor, Los Angeles, CA 90017, and can be reached at (213) 689-0065.
What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 8,000+ Associates doing business in over 125 countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results.
For 12 consecutive years, Business Insurance magazine has recognized Lockton as a “Best Place to Work in Insurance.” In 2019, Lockton was named a top 50 company to work for in London by Best Companies. Most recently, Lockton was named among the 2021 Best Managed Companies by Deloitte and the Wall Street Journal, a program that recognizes excellence and honors private companies for their strategy, execution, culture, and financials.
Media contact: Linda O’Hanlon | [email protected] | +1 818 386 1916