Reinsurance News

Lockton Re bolsters non-marine retro & property specialty unit in London

5th November 2021 - Author: Luke Gallin

Global reinsurance broker Lockton Re has announced the additions of Simon Moore and James Boon to its Non-Marine Retrocession and Property Specialty division in London.

lockton-re-logoMoore joins the firm as a Senior Broker with almost 30 years of experience in both London and Bermuda across underwriting and broking.

He started his career at Lloyd’s before joining Aon in 2002 as a Loss Modelling Analyst and Account Manager for North American Property Treaty.

After Aon, Moore spent time with Gallagher Re in London and Bermuda, subsequently becoming a Broker at Aon Benfield in Bermuda.

In 2015, he joined Markel CATCO as a Senior Underwriter and most recently served as Chief Underwriting Officer (CUO) of CATCO’s Investment Management on the island.

Boon also joins as a Senior Broker, most recently serving as a Reinsurance Broker at Aon with a focus on Property Retrocession and Cat/Risk on D&F. He also has experience of underwriting from his time with Arch and CNA Hardy.

Matt Foreman, Head of Non-Marine Retrocession and Property Specialty, Lockton Re, commented: “The progress of the team, established in Q4 2020, has been phenomenal and we could not be happier with the build out. We are humbled by the positive market support and engagement that we have been afforded which has helped drive our early momentum and numerous successes to date.

“Working closely with our Bermuda office and our colleagues in the US, along with our excellent global analytics team, we have had a busy summer of RFP’s and reviews and we expect that trend to continue in to 2022. Simon and James bring an important boost to our resource, skillset and diverse offering to clients as we head into a potentially complex renewal in the retrocession market.”

Bob Bisset, Chairman, Global Retrocession & Property Specialty, Bermuda and Market Capital, Lockton Re, added: “Fantastic to have Simon and James as part of the Lockton Re global team, their individual and collective talents will enhance our capabilities to deliver superior service to our burgeoning client base.

“Our Non-Marine retrocession and property specialty team benefits from Lockton Re’s collaborative approach across divisions and geographies, coupled with our investment in talent and technology enabling us to deliver content, expertise and value to clients as a genuine and compelling alternative.”

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