Reinsurance News

Lockton

Lockton is a leading global insurance and reinsurance intermediary. The reinsurance broking arm is named Lockton Re. The company provides broking and advisory capabilities across a wide-range of insurance and reinsurance products.

Read all of our Lockton insurance or reinsurance news and analysis below.

Lockton adds Aon’s Barber to lead global healthcare practice

12th August 2019

Global re/insurance brokerage Lockton has appointed William Barber to lead an international healthcare practice focused on driving collaboration and integration across its London teams and international network. It’s hoped the practice, formed as part of the company’s professional and financial services offering, will enable Lockton to bring the best of the ... Read the full article

Lockton hires Dagostino from Willis Towers Watson to lead Global Cyber & Tech unit

18th July 2019

Global re/insurance brokerage Lockton has appointed cyber risk expert Anthony Dagostino as Executive Vice President (EVP), Global Cyber and Technology Practice leader. Dagostino most recently served as global head of cyber risk consulting and insurance at broker Willis Towers Watson (WTW), and brings more than 15 years of cyber risk management ... Read the full article

Lockton partners with Benefex to utilise HR tech platform OneHub

12th June 2019

Re/insurance broker Lockton has announced a new partnership with Benefex, the company behind HR platform OneHub, that will allow it to make the technology available to its clients globally. OneHub delivers employee benefits schemes via a consumer-led online system, allowing for more streamlined interactions between employees and employers. “The scalability of OneHub ... Read the full article

Lockton names Richard Barraclough as Head of Corporate in Manchester

24th May 2019

Re/insurance broker Lockton has announced the appointment of Richard Barraclough to the position of Head of Corporate at its Manchester office as it looks to grow its presence in the North England. Barraclough joins Lockton from AJ Gallagher in Yorkshire, where he most recently led its Leeds, Sheffield and Wakefield offices ... Read the full article

Lockton posts $1.72bn revenue for fiscal year

23rd May 2019

Re/insurance broker Lockton has posted $1.72 billion in revenue for the 2019 fiscal year, a 10.3% increase from 2018. The successful expansion earlier this year of its global reinsurance business, Lockton Global Re, was described by its Chief Executive Officer Timothy Gardner as a critical pillar of Lockton's long-term growth ... Read the full article

Lockton promotes Sean Lyons to President of Florida operations

22nd May 2019

Insurance and reinsurance broker Lockton has promoted Sean Lyons to President of its Florida operations, based out of the firm's Miramar office. In his new role, Lyons will be responsible for overseeing the development and expansion in Florida to best serve customers on a national and global basis. He initially joined Lockton ... Read the full article

Ata Khatib appointed CEO of Lockton MENA

6th May 2019

Re/insurance broker Lockton has announced the appointment of Ata Khatib as Chief Executive Officer of Lockton MENA Limited, its business for the Middle East and North Africa regions. Based in the Dubai International Financial Centre (DIFC), Khatib will be tasked with overseeing Lockton’s broking subsidiaries in the area. Khatib helped to set ... Read the full article

Lockton expands Midwest presence with new Pittsburgh office

25th April 2019

Re/insurance broker Lockton has expanded its Midwest operations in the U.S with the addition of a new office in Pittsburgh, Pennsylvania. The company said that the office would enhance the risk management, employee benefits and retirement services strategies of local, regional and national organisations. As part of the launch, Lockton has hired ... Read the full article

Lockton launches Food & Agribusiness Practice in Asia-Pacific, names head

24th April 2019

Re/insurance broker Lockton has launched a new Food & Agribusiness Practice across the Asia-Pacific region, and has hired Stephane Baldanoff to lead it as Regional Director. As head of the Food & Agribusiness team, Baldanoff will leverage Lockton’s experience in these industries and expand the group’s existing capabilities in Asia-Pacific. He will ... Read the full article

Lockton forms reinsurance business, names leadership

8th March 2019

Re/insurance broker Lockton has moved to form a new global reinsurance business, Lockton Global Re. Lockton has stated that reinsurance is a critical pillar of its aggressive growth plan and this new business will, under the leadership of the firm’s Chief Executive Officer Ron Lockton, look to build out its current ... Read the full article

Lockton hires JLT’s Philip Corrigan as COO for Asia Pacific

7th March 2019

Global insurance and reinsurance broker Lockton has announced the appointment of Philip Corrigan as Chief Operations Officer (COO) for the Asia-Pacific (APAC) region. Corrigan arrives from Jardine Lloyd Thomson (JLT), where he has spent most of his 30-year career, having most recently served as Chief Executive Officer (CEO) of JLT Thailand. He ... Read the full article

Jerry Ridge to be Head of Reinsurance at Lockton Re

23rd January 2019

Reinsurance broker Lockton Re has announced that Jerry Ridge is to lead the firm as Head of Reinsurance, following the retirement of George Carrington this Spring. As Head of Reinsurance at Lockton Re, Ridge will lead the firm's 60 dedicated reinsurance professionals across the UK and the U.S., as the company ... Read the full article

P&C market still in modest transition despite strong financial performance: Lockton

17th January 2019

Despite the strong financial performance of the U.S property and casualty (P&C) sector, the market is still in a modest transition as there is a continued increase in the frequency of severe claims and a prolonged period of large weather events, according to re/insurance broker Lockton. Lockton states that the U.S ... Read the full article

Lockton adds tech expertise to Capital Markets business

4th October 2018

Global insurance and reinsurance broker Lockton has appointed financial services and technology experts Ash Shah and Femi Ogunjumo as Managing Director and Vice President, respectively, at its recently established Lockton Capital markets business. Launched last month, Lockton Capital Markets facilitates investment banking and capital markets transactions and aims to provide ... Read the full article

Lockton adds Brian Horwell to Financial Institutions team

16th July 2018

Global insurance and reinsurance broker Lockton has continued to expand its Financial Institutions team with the appointment of Brian Horwell as a Producer. Horwell has over 30 years’ industry experience and joins Lockton from Willis Towers Watson, where he most recently served as head of its wealth and asset management team. Prior ... Read the full article