Global re/insurance brokerage Lockton has appointed William Barber to lead an international healthcare practice focused on driving collaboration and integration across its London teams and international network.
It’s hoped the practice, formed as part of the company’s professional and financial services offering, will enable Lockton to bring the best of the global marketplace to its healthcare clients.
Barber joins from Aon with over a decade of experience in the sector. Over the past five years he oversaw a London healthcare team and was responsible for negotiating strategic placement and execution on a range of healthcare liability products for clients and markets.
Under Barber’s leadership, Lockton’s new practice will aim to counter turbulent market conditions present in healthcare professional liability.
Based out of London, Barber will work with teams in the USA, Australia, Bermuda, and across Asia to syndicate the global marketplace onto one placement.
This, Lockton believes, will expand capacity, reduce volatility and increase stability and opportunity for clients.
Barber’s new role will also see him draw on the know-how of the Lockton Dynamic Capital Modelling team and Risk Consultants.
Bringing data and analytics closer to the centre of the renewal process is expected to help fuel standout broking results, strategic client decision making and comprehensive risk mitigation.
Lockton International Healthcare will focus on emerging risk areas where the marketplace is still developing including regulatory liability, non-property damage business interruption, bundled payments downside protection and more.
“I am delighted that William will head up Lockton’s International Healthcare practice,” said Robbie Graham, Partner, Professional and Financial Services.”
“With his extensive experience and deep rooted relationships in the sector, he will provide an added level of technical support and work alongside the London and international teams to provide new and innovative coverage solutions.”