Lockton Re, the reinsurance arm of global brokerage Lockton, has announced that appointment of Andy Massingham as a Senior Broker, based in the London office, as part of the firm’s Marine & Energy Division.
Massingham joins Lockton Re from rival brokerage Guy Carpenter, where he most recently served as a Managing Director. Prior to this, he worked as a Partner at JLT Re, which is where he started his career in the industry.
Commenting on the new addition, Jerry Ridge, who leads Lockton Re’s Marine & Energy Division, said: “Recent events have only served to accelerate our understanding of how the role of a reinsurance broker is changing, combining the classic attributes around relationship building and technical expertise but also reflecting a new perspective through a technology lens and the ability to have both an analytical and more strategic approach.
“Andy is an exciting hire for us at Lockton Re as he very much fits this mold. We are pushing the reinsurance industry forward with an unmatched commitment to client service, creative thinking and groundbreaking technology.”
Martin Stephenson, Chairman, Marine & Energy Division, Lockton Re, added: “It’s always a pleasure to welcome great talent to the team, we are finding our energy and enthusiasm is resonating with new clients and colleagues alike.
“We are helping our growing client base to reap the benefits of a new reinsurance perspective and Andy will play a valuable role in that strategy. We look forward to welcoming Andy to the London office in March next year.”