Ashleigh Sears to Lead Lockton Alternative Risk Solutions Practice

Key Takeaways

• Ashleigh Sears becomes head of Lockton's alternative risk solutions practice
• Practice covers captive consulting, structured risk, and fronting arrangements
• Sears previously led alternative risk at Everest
• Earlier roles include senior positions at The Hartford
• Appointment bolsters Lockton's growth in captive insurance market

Pulse Analysis

The alternative risk solutions market has surged as corporations seek more flexible ways to manage liability and capital. Captive insurers, structured risk programs, and fronting arrangements allow firms to retain underwriting profits while tailoring coverage to unique exposures. Industry analysts note that demand for these services is outpacing traditional insurance growth, prompting brokers to build dedicated practices that can navigate complex regulatory and financial landscapes.

Ashleigh Sears arrives at Lockton with a track record that aligns perfectly with this market shift. At Everest, she oversaw a portfolio that blended captive formation, risk financing, and strategic advisory, delivering customized solutions for multinational clients. Her tenure at The Hartford added depth in traditional underwriting and risk analytics, giving her a holistic view of how alternative structures integrate with conventional insurance. Sears’ expertise is expected to accelerate Lockton’s ability to design sophisticated risk programs that balance cost efficiency with regulatory compliance.

For clients, the leadership change translates into faster access to specialized talent and a broader suite of services under one roof. Competitors such as Marsh and Aon have similarly bolstered their alternative risk teams, making the talent race a key differentiator. Lockton’s investment in Sears signals a commitment to capture a larger share of the captive insurance market, which is projected to exceed $150 billion in assets under management globally within the next five years. As firms continue to prioritize risk retention and capital optimization, Lockton’s enhanced capabilities could become a decisive factor in winning high‑value mandates.