Lockton has formalised its global transaction liability practice, with the co-leadership of Mr Josh Halpern, Mr Matthew Heinz, Mr Gaurav Sud and Mr Eric Ziff.
The firm has also appointed Ms Mary Duffy as Head of Global Expansion and Market Strategy, Transaction Liability.
Ms Duffy joins Lockton after 13 years at AIG. She began her career at a large global broker, where she founded that firm’s North America transaction liability practice.
Lockton has expanded its transaction liability capabilities in APAC as well, with the appointment of Mr Terence Montgomery, who joined the company in September 2025.