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Machua Millett
Alternative Investment Practice Leader and CINO
Machua Millett is the Chief Innovation Officer and Alternative Investment Practice Leader at Lockton Companies, where he focuses on leading risk management and insurance advisory services for alternative investment sponsors. His role involves developing new insurance products tailored for private equity, venture capital, hedge funds, and other financial entities. Millett joined Lockton in June 2022 after a notable tenure at Marsh, where he served as Chief Innovation Officer for the FINPRO U.S. practice, specializing in management and professional liability for the financial sector.124
Professional Background
- Legal Career: Before transitioning to the insurance industry, Millett practiced law for a decade at prestigious firms such as Skadden, Arps, Slate, Meagher & Flom LLP and Bingham McCutchen. His legal work concentrated on commercial litigation, securities defense, and insurance coverage.13
- Innovative Contributions: At Marsh, he was instrumental in creating innovative insurance solutions addressing various risks including wage and hour liability and reputational risks associated with SPAC transactions.45
Education
Millett holds a Juris Doctor from Harvard Law School and a Bachelor of Arts from Tufts University, which underpin his expertise in both legal and financial domains.1
Current Role at Lockton
In his current position at Lockton, based in Boston, Millett is committed to providing imaginative risk management solutions that adapt to the rapidly evolving needs of private equity and venture capital firms. He reports to Gary Phillips, the leader of Lockton Financial Services for the Northeast region.45
Highlights
Oh, so your renewal proposal is an extended aggregate limit, with an increased premium, increased retention, and a specific issue exclusion? I am going to need you to speak with a couple of my colleagues…
Father’s Day gift credit to Michelle Mitchell Millett
One day, you’re walking your son to his first day of school. What feels like the next, he is 21 and suiting up for his internship first day. Wishing him all the best and thank you to the good people at CV Starr, especially Marshall Rothstein and Kate Gookin, for providing him with an opportunity to dip his toe in the industry that has treated me so well. If you see him wandering around Manhattan, please feel free to buy him a coffee/beer/lunch, point him in the right direction, and not tell him any stories about his dad. Xavier Millett
