Lockton Announces New Hires for Philadelphia Office

Insurance broker Lockton hired Deana Calvelli as vice president of Retirement Services for Lockton’s Northeast region.

Calvelli will lead Lockton’s new retirement practice in the Philadelphia office. The practice will advise clients on 401k and other retirement plans.

In her new role, Calvelli will be responsible for overseeing the retirement practice, and serving clients in the areas of fiduciary governance, financial wellness and retirement outcomes, administration oversight, and investment selection and monitoring.

Calvelli brings more than 25 years of experience in the retirement services sector to Lockton. She held strategic roles at Buck Consultants and Wells Fargo and, most recently, operated her own consulting firm, Calvelli Consulting. She holds the Certified Employee Benefits Specialist and Accredited Investment Fiduciary designations, and maintains Series 7, 63, and 65 licenses.

Lockton also announced two additional hires in its Philadelphia office for the property/casualty insurance business.

Martin Hershy, account executive, will develop and deliver strategic product and service solutions for clients. Hershy has more than seven years of experience in risk management and insurance, working previously for Marsh, Conner Strong & Buckelew, and Temple University.

Michael Welz, business development consultant, will be responsible for business development and strategic client relationship management. Welz brings eight years of investor relations experience to his role, having previously worked for Verdis Investment Management and SEI Advisor Network, where he held multiple positions. He holds Series 7, 63, and 65 licenses.

More than 5,300 professionals at Lockton provide 41,000 clients around the world with risk management, insurance, and employee benefits consulting services.