Reinsurance News

Lockton Re names Ross Howard chairman amid leadership reshuffle

5th March 2020 - Author: Staff Writer -

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Lockton Re, the reinsurance division of broker Lockton, has named Ross Howard as global chairman alongside a series of high profile leadership appointments.

LOCKTON LOGOHoward is the former Chief Executive Officer of Towers Watson and was most recently chairman at JLT Re.

He also served as vice chairman of Guy Carpenter for a short period before retiring in late 2019.

Howard will work alongside Lockton Re’s global CEO Tim Gardener in a role that straddles North America and London based operations

Commenting on his appointment, Howard said, “Lockton Re is committed to attracting the best talent in the industry and I am tremendously excited to be working with individuals who are passionate about putting clients at the centre and who will provide solutions to the many challenges that they face in a rapidly changing reinsurance marketplace.”

Mark Higgins, the new London-based Head of North American business in London, and Charles Raw, Chairman of the North American division in London, join other senior London based North American P&C hires.

These include Derek Keating, Fraser Howard, Tim Jacobs and Beckett Hollenbach, alongside Healthcare leads Simon Mills and Richard Jameson.

Jasper Sabey has joined the International casualty team reporting to division head, Carla Moffett.

He brings 30 years’ experience as an International casualty broker having previously worked at BMS, Towers Watson and JLT Re.

Commenting on the hires, International Reinsurance CEO Keith Harrison said, “It is very exciting to be working with such a talented group of individuals who have so much combined experience and, given today’s market challenges, are able to provide clients with such in depth knowledge of the specialist Casualty, Workers Compensation, Medical Malpractice and Property reinsurance markets.”

Lockton Re international has also announced a new specialist lines unit with the hire of Paul Upton.

Upton is a former Lloyd’s underwriter and reinsurance broker and joins with over 35 years’ experience.

“It is a significant validation for Lockton Re that we have been able to attract such strong talent,” said Gardner.

“Our build out in both London and North America is already providing clients with differentiated advice, analytics and expertise. The on-boarding of this level of talent in our International business accelerates our highest priority goal of creating truly Global teams to best serve clients.”