Independent insurance broker, Lockton, has announced the appointment of Oliver Ross as Senior Vice President within the Global Construction team, effective immediately.
Based in London, Ross will be responsible for establishing and growing Lockton’s North American Construction Casualty offering to clients.
“The establishment of the North American Construction Casualty business is a key initiative to maintain the significant growth of Lockton Companies LLP combined Global Real Estate and Construction business, which now includes more than 200 Partners and Associates,” Lockton stated.
Ross, who is joining the firm from Arch Re, is the first of four hires Lockton is planning for this new business line.
Richard Owen, Partner at Lockton Companies LLP and Head of Global Real Estate and Construction at Lockton, said: “Our business has become a market leader by constantly raising the bar for client services and expertise-led solutions.
“Expanding our offer to include North American Construction Casualty is a logical expansion driven in no small part by client demand. Oliver is the ideal candidate to spearhead our new offering and our clients will benefit from his extensive experience. We are looking forward to building out the team and its capabilities further in the coming months.”
Ross was part of Arch Re for over two years, serving as Underwriting Director, Casualty Facultative.
Prior to this, he held senior casualty underwriting roles at General Reinsurance Corporation and Liberty Specialty Markets, and began his insurance career as a US Casualty broker with Price Forbes.
Commenting on his appointment, Ross said: “The range of risks which construction clients face continues to grow and providing them with the support needed to navigate this landscape increasingly requires expert, creative solutions.
“This is the foundation of Lockton’s business. I have known and admired Lockton and their Construction team for some time and I am delighted to be joining to launch the new North American Construction Casualty Business.”
