Reinsurance News


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

5th November 2021

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. Moore 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 ... Read the full article

Lockton launches Crisis Management division

20th October 2021

Insurance broker Lockton has launched its specialist Crisis Management division, working closely with clients globally to understand and manage their exposures. Matt Humphries will be leading the dedicated Crisis Management unit within Lockton’s Wholesale Property & Casualty (P&C) division to initially encompass Product Recall, Terrorism/Political Violence and Special Contingency (K&R) product ... Read the full article

Lockton launches business-focused silent cyber property solution

19th October 2021

Independent insurance broker Lockton has launched its Silent Cyber Property Solution, a standalone policy that covers businesses against property damage and ensuing time element losses resulting from cyber-attacks or cyber terrorism. The broad form policy blends the standard wording found in both property and cyber policy forms. It can be purchased through ... Read the full article

Lockton Re adds Gallagher Re’s Patrick Bousfield to Bermuda office

8th October 2021

The reinsurance business of independent insurance broker Lockton has added Patrick Bousfield to its Bermuda office as a Senior Broker. Bousfield joins Lockton Re from Gallagher Re in New York, where he led the firm's cyber offering as part of its specialty team. He has over 12 years of treaty and facultative ... Read the full article

Lockton agrees to acquire the Edge Group

7th October 2021

Independent insurance broker Lockton has entered into an agreement to acquire the Edge Group. Edge Group is the largest independent marine broker in the Scandinavian market, with an estimated 2% share of the global marine insurance market. Its acquisition will complement Lockton’s existing marine footprint in the Mediterranean and Singapore and will ... Read the full article

Lockton Financial Services adds new cyber leadership for Pacific region

6th October 2021

Lockton Financial Services (LFS), a division of the global re/insurance brokerage focused on the financial services industry, has announced the additions of Elissa Doroff and Akhil Chopra to help lead its Pacific Series cyber practice. As Managing Director—Cyber Product Leader, Doroff will be focused on driving product innovation and thought leadership ... Read the full article

Lockton grows Pittsburgh footprint with Jonathan Mycyk hire

1st October 2021

Insurance brokerage Lockton has expanded its footprint in Pittsburgh, PA with the appointment of Jonathan Mycyk as Senior Vice President. Mycyk joins with over 15 years at Aon, where he worked with business leaders at firms ranging from small to global in size, to deliver unparalleled value to their employees. In his ... Read the full article

Lockton names Head of Intl. Property within Wholesale P&C division

29th September 2021

Insurance broker Lockton has has appointed Andrzej Danyluk as Head of International Property within its Wholesale Property & Casualty (P&C) division, effective immediately. In his new role in London, Danyluk will be responsible for developing and growing the international property portfolio of clients in collaboration with Lockton’s international offices and partners. Danyluk ... Read the full article

Lockton Re adds Monica Tigleanu to Cyber Practice

20th September 2021

Lockton Re, the reinsurance arm of the global broker, has announced the addition of Monica Tigleanu to its Specialty Division as part of the Cyber Practice. Tigleanu most recently served as Senior Vice President (SVP) Cyber, Media & Technology at Marsh Specialty, having joined the firm in 2018. Earlier in her career, ... Read the full article

Lockton Re joins ABIR’s Broker Advisory Cabinet

13th September 2021

Lockton Re, the reinsurance arm of independent insurance broker Lockton, has joined The Association of Bermuda Insurers and Reinsurers' (ABIR) Broker Advisory Cabinet. ABIR’s Broker Advisory Cabinet is a body that allows for collaborative efforts among Bermuda’s leading re/insurers and brokers to sustain the island’s successful international re/insurance market. A privately held ... Read the full article

Lockton Re hires Guy Carpenter’s Rob McNamara to lead NA Fac

9th August 2021

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, ... Read the full article

Lockton appoints first Head of Claims for Transactional Liability

3rd August 2021

Global insurance and reinsurance brokerage, Lockton, has announced the appointment of Mark Schwartz to the newly created role of Head of Claims for its Transaction Liability Practice. In his new role, Schwartz will work closely with the company's clients to advise them through the claims process to optimise their outcome. He will ... Read the full article

Lockton Re adds WTW’s Kazimierz Layton to Specialty unit

7th July 2021

Lockton Re, the global reinsurance broking arm of Lockton, has announced that later this year, Kazimierz Layton will be joining its Specialty Division. For more than 15 years, Layton has been working in the Political Risk and Credit Insurance broking sector. Most recently, he served as an Executive Director at insurance broker ... Read the full article

Lockton launches Nordic employee benefit practice with senior hires

2nd July 2021

Reinsurance broker Lockton has launched its employee benefit practice in the Nordic region, following a number of senior hires in Denmark. To bring its existing global employee benefit offering to a new client base in the region, Lockton has hired senior consultants from Penfor and Skinnerup Consulting, two of Denmark's most ... Read the full article

Lockton hires Aon’s Raj Shourie to lead Political & Credit Risks Division

1st July 2021

Insurance broker Lockton has appointed Raj Shourie within the Political & Credit Risks Division. Shourie will be responsible for leading the engagement with financial institutions internationally out of London, for both credit mitigation and country risk protection. He joins Lockton from Aon, where he was the Financial Institutions Advisory Lead for Credit ... Read the full article

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