Reinsurance News

Lockton names Richard Barraclough as Head of Corporate in Manchester

24th May 2019 - Author: Matt Sheehan -

Share

Re/insurance broker Lockton has announced the appointment of Richard Barraclough to the position of Head of Corporate at its Manchester office as it looks to grow its presence in the North England.

Lockton logoBarraclough joins Lockton from AJ Gallagher in Yorkshire, where he most recently led its Leeds, Sheffield and Wakefield offices as Regional Managing Director.

He has more than 30 years’ experience in the corporate insurance broking space, and has previously led client service teams for Willis Towers Watson and Oval Insurance Brokers.

In his new role, Barraclough will form part of Lockton’s new North Leadership Group, which will be led by Matt Davies, Head of Risk Solutions North for Lockton.

The team has been formed to improve the growth rate and quality of the broker’s regional service teams.

It will also include David Lee, Head of UK Regional Wholesale, Michael Farrell, Head of the Newcastle regional office and Mike Kay, Senior Vice President.

Lockton’s northern clients predominantly operate across retail, transportation and distribution, real estate and food and beverage sectors.

Over the next two years, however, the company hopes to span corporate clients, real estate, wholesale, transactional risks and due diligence consulting.

“It is an exciting time for Richard to join Lockton’s Northern leadership team,” said Matt Davies, Head of Risk Solutions North at Lockton. His extensive experience and deep rooted relationships will help us to continue to exceed the expectations of our clients.”

“The new leadership team is already providing excellent executive direction of our client service teams and we are positioned really well to maximise the many existing opportunities and unlock new ones,” Davies continued. “We look forward to seeing Lockton’s northern offices go from strength to strength.”