Lockton Re, the reinsurance arm of the global brokerage, has announced the appointment of Rob McNamara, previously of Guy Carpenter, as its new North American Facultative Leader.
Most recently, McNamara served as a Managing Director at the reinsurance arm of Marsh McLennan, Guy Carpenter, within its Facultative practice, leading Chicago, Hartford, West Coast and Construction Property Fac operations.
He joined the reinsurance division in 1987 as a Fac underwriter and in 2003, moved into reinsurance broking, where he built a strong reputation with clients, markets, and colleagues.
Jeff Fleming, Partner at Lockton Re, commented: “Rob will amplify and strengthen our North American and global Facultative capabilities. Our collaborative strategy, which avoids the traditional silos between Treaty and Facultative operations, means we are focused on providing our clients with the right reinsurance solution every time.
“Over the last 18 months we have continued to build out our Facultative capabilities both in the US and globally. Rob brings additional drive and focus to this key segment for Lockton Re. Through our continued build-out, we are leading with analytics, technology, empowerment and putting our clients and colleagues at the forefront of everything we do.”
Nick Durant, North America Chief Executive Officer (CEO), Lockton Re, added: “Rob will be a great addition to our expanding global presence in the Facultative marketplace with a clear focus on North American clients and opportunities. He brings an outstanding reputation, wealth of experience and strong relationships, which will all be a huge asset as we seek to bring innovative structures and solutions to clients.
“Rob is a great fit for our dynamic culture, his collaborative nature and transactional skills are a fantastic addition as we continue to grow. We look forward to working with Rob.”