Reinsurance News


Lockton Re names Martin Stephenson Chairman of Marine & Energy

20th May 2020

Global reinsurance broker Lockton Re has announced the appointment of Martin Stephenson as Chairman of Marine & Energy, effective July 2020. In his new role, Stephenson will report to Keith Harrison, International Chief Executive Officer (CEO) at Lockton Re, and will work closely with Jerry Ridge, Head of Marine & Energy ... Read the full article

Swiss Re announces Lockton Affinity as administrator for Tennessee LPL program

12th May 2020

Global reinsurance giant Swiss Re has selected Lockton Affinity, an affiliate of Lockton Companies, as the new program administrator for its Lawyer Professional Liability (LPL) insurance in Tennessee, U.S., effective June 1st, 2020. This program provides lawyers with a comprehensive Professional Liability solution through Swiss Re, with best-in-class administration from Lockton ... Read the full article

Lockton targets continued growth with new leadership structure

29th April 2020

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. Marrero currently serves as Executive Vice President and Regional Executive Officer at Lockton, and in his new role as President, Global Growth Officer, ... Read the full article

Lockton appoints JLT’s Harton to lead Irish business

23rd January 2020

Global re/insurance broker Lockton has appointed Amanda Harton as Chief Executive Officer and director of its Irish business. Harton will lead Lockton Insurance Brokers (Ireland) by helping clients manage their risk in real estate, insolvency, waste management, motor trade and hospitality. Lockton’s announcement states that LIBI will continue to expand its offering ... Read the full article

Lockton bolsters LatAm presence with exec hires

27th November 2019

Global insurance and reinsurance broker Lockton has added Andrew Perry and Ed Fyfe as senior Latin America executives, while also promoting Marcela Flores to form a new Lockton regional LatAm executive with effect from 1 May 2020. Perry joins from Marsh, having held various senior appointments including Chief Executive Officer of ... Read the full article

Lockton hires two from JLT for new APAC Transactional Risks Division

18th November 2019

Global insurance and reinsurance broker Lockton has launched a new Asia Pacific (APAC) Transactional Risks Division, and has appointed Will Seccombe as Business Leader based in Hong Kong, and Mindy Ng as Vice President, based in Singapore. Seccombe brings 30 years of experience in the insurance sector to Lockton, having joined ... Read the full article

Lockton adds David Spence as account exec

12th November 2019

Re/insurance broker Lockton has appointed David Spence as an account executive at its Aberdeen office. Spence joins with over 16 years’ experience, having spent over a decade at Carmichael & Partners prior to their acquisition by PIB Insurance Brokers in 2016. Following this, he was responsible for the servicing of existing clients ... Read the full article

Peter Clune appointed Lockton CEO

7th November 2019

Re/insurance broker Lockton has promoted Peter Clune to the role of Chief Executive Officer and appointed Ron Lockton as Chairman, effective May 2020. Clune has served with Lockton for over a decade and was most recently US President and Chief Operating Officer. He succeeds Ron Lockton, who is the son of Jack ... Read the full article

Lockton to provide Vizient members with P&C solutions

23rd October 2019

Re/insurance broker Lockton Companies has entered into an agreement with a subsidiary of Vizient, Inc., Vizient Insurance Services, LLC to offer property and casualty (P&C) insurance solutions and services for Vizient members. The contract became effective on July 1st, 2019 and under the terms of the agreement, Lockton now offers Vizient ... Read the full article

Casualty markets undergoing abrupt shift to profitability: Lockton

14th October 2019

Pricing adequacy has continued to increase across the US casualty re/insurance market, with some lines undergoing an abrupt shift to a renewed focus on profitability, according to global re/insurance brokerage Lockton. The umbrella and excess casualty markets in particular have seen a positive turn, Lockton said, with carriers now demanding higher ... Read the full article

Property underwriting improvements to continue through early 2020: Lockton

10th October 2019

Analysts at global re/insurance brokerage Lockton expect the more discerning approach of underwriters in the US property market to continue through at least into early 2020, based on performance this year. Lockton noted that there is still plenty of capital in the marketplace, but deployment is becoming tighter, leading to an ... Read the full article

Lockton adds Marsh’s Tom Orrico as SVP, MD of financial institutions

8th October 2019

Global re/insurance brokerage Lockton has announced the appointment of Tom Orrico to the role of senior vice president, managing director of financial institutions. Orrico brings 28 years’ experience to the role and joins from Marsh, where he built and led the financial institutions practice. Effective October 14, he will be based in ... Read the full article

Coca-Cola’s Simon Gilliat joins Lockton to drive International Benefits Strategy

6th September 2019

Global insurance and reinsurance broker Lockton has added Simon Gilliat to lead its International Benefits Strategy, based in London. In his new role, Gilliat will provide strategic direction to the broker's global employee benefits proposition, leading teams in the UK, Asia, Latin America and MENA. He joins Lockton from Coca-Cola where he ... Read the full article

Lockton Re adds Simon Mills & Fraser Howard to London office

5th September 2019

Lockton Re, the reinsurance division of broker Lockton, has hired Simon Mills and Fraser Howard, previously of JLT, as part of its global healthcare reinsurance expansion. The pair will be based in London, and will be seeking to support collaboration across the reinsurance broker's international network to further develop a seamless ... Read the full article

Lockton appoints Teegarden as Senior VP, Client Exec

27th August 2019

Global re/insurance brokerage Lockton has announced the appointment of Andrew Teegarden as Senior Vice President, Client Executive. Teegarden brings over 16 years’ experience to the role and joins from Aon, where he served as a Senior Vice President responsible for risk management clients across multiple industries. Prior to Aon, he spent three ... Read the full article

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