Insurance broker Lockton has announced the appointment of Jerry Ridge as Global Head of Marine and Energy Reinsurance.
Ridge brings 37 years’ reinsurance industry experience to his new role at Lockton, which will see him manage the company’s fast-growing international Marine and Energy business group.
Most recently, Ridge served as Chairman of Global Specialty at Willis Re, before which he held positions as co-Chief Executive Officer (CEO) at Willis Re Specialty and as Managing Director of Willis Re Global Marine and Energy.
Lockton also added Jennifer Jones, former Executive Director at Willis Re, to its Marine and Energy Reinsurance team, and said that further appointments would be announced shortly.
Neil Nimmo, CEO of Lockton International, commented: “We’re making great strides in building a world-class Marine and Energy Reinsurance team, and we’re delighted to welcome Jerry on board to lead that business unit through its next stage of growth.
“Jerry brings close to four decades worth of experience within the marine and energy reinsurance market which, combined with Lockton’s dynamic and innovative approach, will allow us to offer our clients a truly differentiated broking service.”
Ridge added: “I’m delighted to be joining Lockton at such an important juncture in the development of its reinsurance business, and look forward to building out the business’ proposition in the marine and energy sector.
“By placing an unrivaled level of emphasis on client service, Lockton is bringing a fresh approach to the marine and energy reinsurance market. We’re in the perfect position to challenge the more established players with a culture of ‘broking done differently’ that places clients and their needs front and centre.”