Reinsurance News

Lockton targets continued growth with new leadership structure

29th April 2020 - Author: Luke Gallin

Re/insurance brokerage Lockton has announced a new leadership structure designed to support the company’s planned growth ambitions, including the appointment of Hiram Marrero as President, Global Growth Officer.

LOCKTON LOGOMarrero currently serves as Executive Vice President and Regional Executive Officer at Lockton, and in his new role as President, Global Growth Officer, will report to Ron Lockton, Chairman of the Board.

“Growth has always been a hallmark of Lockton. Hiram’s leadership and passion for growth, coupled with our freedom as a private company ensures that the organization will be well-positioned to deploy our growth strategies on an international scale.

“I’m excited to work alongside Hiram to develop and execute on our growth strategies globally,” said Ron Lockton.

Marrero has worked in the industry since 2000 and joined Lockton in 2016. During his time with the brokerage, he has been a key contributor to the firm’s Producer Life Cycle program aimed at recruiting, onboarding and developing top Producer talent.

Additionally, Lockton has announced that Said Taiym, who currently serves as the broker’s Chief Digital Officer, will assume the role of U.S. Chief Operating Officer, reporting to Peter Clune, Global Chief Executive Officer (CEO).

“Said has been a transformational and visionary leader during his time with the company, and in this new role, he will continue to help realize the organization’s vision of growth and transformation. It will be crucial to have someone of Said’s experience and caliber in this critical role,” said Clune.

Taiym has experience in leading change and establishing technology innovations designed to improve customer experience. He joined Lockton in 2018, and prior to this, was senior vice president and chief information officer for AF Group. During his career in the insurance industry, he has held roles with Zurich North America, XL Group, and Accenture.

These two appointments follow the promotion of Peter Clune to the role of CEO and the appointment of Ron Lockton as Chairman, effective May 2020, as announced in November of last year.

Lockton states that its new leadership structure positions it well to continue its unprecedented growth, while at the same time attract the best industry talent and maintain its position “as the best place to work in insurance.”

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