Global Insurance Broker Opens New Orleans Area Office

NEW ORLEANS – Global insurance broker Lockton Companies has opened an office in the greater New Orleans area. Tim Woodard, JD, has been named as the head of office. Danelle Heathman, has been appointed as a senior vice president and Cheryl Cabrera will serve as a senior account manager. 

Heathman and Cabrera joined Lockton from a New Orleans broker where Cabrera was an assistant vice president and Heathman served as a senior vice president and the marine practice leader. Woodard has relocated from Lockton’s Houston office. He holds business and legal degrees from LSU and served as a member of a New Orleans law firm where he practiced marine and insurance law. 

“I am very happy to be home,” stated Woodard. “My time away from New Orleans has given me the ability to learn from some of the best and develop relationships all over the world. Now it’s time to bring that expertise home.”

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Although the office will service clients in a diverse range of industries, Tim, Danelle and Cheryl have over 73 years of collective experience in the marine and energy industries. According to the Grow Louisiana Coalition, the energy industry supports more than half a billion dollars in annual wages in the greater New Orleans area alone. 

The office will also work closely with Lockton’s global marine and energy practice. The practice includes over 100 industry specialists in Texas and 60 in London and PL Ferrari, the world’s largest P&I specialty broker.

“Lockton has a number of existing clients in Louisiana that we are excited to be closer to. However, we are even more excited about the prospect of building new relationships and growing our team as we partner with more Louisiana-based companies,” Tim Kelly chief executive officer of Lockton Texas stated.

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Lockton is the world’s largest privately-owned insurance broker with 7,000 employees working in 90 offices around the world for 52,000 clients.

 

    

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(From left to right: Cheryl Cabrera, Danelle Heathman, Tim Woodward)

 

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