Lockton, the world’s largest privately held insurance brokerage, today announced the appointment of Tom Knop as Yacht Practice Leader for Lockton Private Risk Solutions. Knop’s appointment strengthens the firm’s private yacht and recreational marine capabilities and reinforces Lockton’s commitment to providing tailored, expert-driven solutions for high-net-worth individuals and families.
Knop joins Lockton with 30 years of high-touch experience in the insurance industry, including risk management, underwriting, program management, business development, account management, claims, and territory development. Most recently, he served as AVP, Regional Agency Manager for Chubb Recreational Marine, where he was responsible for agency relationships and product distribution across more multiple regions.
In his new role, Knop will further develop Lockton Private Risk Solutions’ specialized advisory capabilities for yacht and recreational marine clients, helping deliver highly customized risk and insurance solutions for yacht owners, boating enthusiasts, and high-net-worth individuals and families with complex marine exposures.
“Tom understands the specialized needs of yacht owners and the importance of delivering sophisticated, high-touch guidance to clients protecting some of their most valuable assets,” said Stacy Warren, Chief Operating Officer of Lockton Private Risk Solutions. “With his deep experience in recreational marine insurance, strong carrier relationships, and firsthand knowledge of the boating community, he is exceptionally well suited to lead our Yacht Practice.”
Knop is a graduate of Pittsburg State University and holds the Certified Insurance Counselor designation. A lifelong boating enthusiast, he enjoys spending time on the water with his family.
“I’m excited to join Lockton Private Risk Solutions and help build a dedicated Yacht Practice that brings specialized marine expertise, strong market relationships, and a client-first approach to yacht owners and their advisors,” said Knop. “Lockton’s independent model and commitment to tailored solutions align perfectly with how I believe these discerning clients should be served.”
Knop is based in the Greater Chicago area.
For additional information about Lockton Private Risk Solutions, click here (opens a new window).