Reinsurance News
Lockton
Lockton names Andrea Lieberman U.S. Financial Services Claims Leader
10th November 2023
Independent insurance broker Lockton has announced the appointment of Andrea Lieberman as U.S. Financial Services Claims Leader. In her new role, Lieberman will lead the Financial Services claims team and drive the practice's strategic vision to deliver the best possible claims experience and results for clients. She brings over three decades of ... Read the full article
Lockton appoints Johan Frithioff to senior team in Sweden
3rd November 2023
Independent insurance broker Lockton, has appointed Johan Frithioff to its senior team in Sweden as it continues efforts to enhance its attractive offerings to clients in the Nordic region. Frithioff, a seasoned leader with over two decades of experience in the Swedish insurance market, joins Lockton after 22 years at Howden ... Read the full article
Lockton appoints Craig Buckle as CEO of New Zealand business
30th October 2023
Insurance broker Lockton has appointed Craig Buckle as the Chief Executive Officer (CEO) of its New Zealand operations, effective January 1, 2024, Buckle will succeed Peter Lowe, who is to retire at the end of this year. This appointment is in alignment with Lockton Pacific’s succession planning in New Zealand, which highlights the ... Read the full article
Lockton expands team with three key appointments
23rd October 2023
Independent insurance broker, Lockton, has expanded its team through the appointments of Lewis Parle, Laura Patrick, and Lauren McKay, all with immediate effect. In his new role, Parle will lead client solutions in Intellectual Property Risk. He join the broker from Icen Risk, where he previously led a transactional IP risk ... Read the full article
Lockton names Andrea Guffanti Head of Continental Europe
19th October 2023
Independent insurance broker Lockton, has appointed Andrea Guffanti Head of Continental Europe, a newly created role based in London. In her new position, Guffanti’s responsibilities include working alongside Lockton Global Partners’ Operations Team, led by Michael Goudime, our London Market Specialty Teams and with our owned operations in Europe to develop ... Read the full article
Gordon D’Arcy joins Lockton’s Transactional Risks division
16th October 2023
Independent insurance broker Lockton has announced the appointment of Gordon D’Arcy as Business Development Executive within its Transactional Risks division, effective immediately. In this newly created role, based in Dublin, he will be responsible for deal origination, with a particular focus on supporting M&A transactions throughout the UK and Ireland. In addition ... Read the full article
UK property market performing better than expected: Lockton
13th October 2023
A new insurance market update report re/insurance broker Lockton, notes that the UK Property market has performed better for buyers in 2023 than originally expected due to insurers’ healthy risk appetite. At the same time, high inflation, the elevated cost of catastrophe reinsurance, and tighter underwriting controls have threatened to send ... Read the full article
Lockton appoints Philip Hewer as Risk Engineer
6th October 2023
Independent insurance broker, Lockton, has appointed Philip Hewer as Risk Engineer, a move which further enhances the company's level of technical risk understanding and direct industry experience. Blake Roseveare, Energy Partner, commented on the hire, "I am delighted to welcome Philip to the Lockton Global Energy team. The risks which energy ... Read the full article
Lockton appoints WTW’s Rowley as Head of North American Property
3rd October 2023
Independent insurance broker, Lockton, has announced the appointment of Tom Rowley as the Europe division’s new Head of North American Property. Based in London, he will take up his role with immediate effect. He will be responsible for driving forward the North American Property team based in the city, focusing on ... Read the full article
Lockton optimistic despite volatility for terrorism insurance
25th September 2023
Despite recent events creating volatility for terrorism and political violence insurers, there are reasons for optimism, capacity remains stable and multiple products remain available to meet insureds specific risk transfer needs, Lockton analysts said in a recent report. Civil unrest in Chile, Hong Kong and South Africa generated significant losses. This ... Read the full article
Lockton agrees strategic partnership with Spanish broker Jhasa
12th September 2023
Lockton has signed a long-term strategic partnership agreement with Jhasa, a Spanish independent insurance and reinsurance broker specialised in the construction, energy and M&A sectors. Lockton notes that since its launch in 2019, Jhasa has grown rapidly to become a market leader in its chosen classes, "firmly establishing itself as an ... Read the full article
Lockton launches Norwegian energy & employee benefits divisions
12th September 2023
Insurance broker Lockton has announced the expansion of its risk advisory and insurance broking services in Norway, in response to demand in the region. Lockton Norway will now offer solutions for natural resources, renewable energy and large industrial clients with complex risk management requirements. This expansion marks the latest step in Lockton’s ... Read the full article
Lockton names Greg Spore as U.S. Financial Services Markets Leader
15th August 2023
Lockton, the world's largest privately held independent insurance brokerage firm, has announced the appointment of Greg Spore as the new U.S. Financial Services Markets Leader. This strategic addition reinforces Lockton's unwavering commitment to innovation, expansion, and unparalleled client service within critical financial sectors. "The addition of Greg, who has a proven track ... Read the full article
Lockton names Shelley Wright as Head of UK Commercial Wholesale
31st July 2023
Lockton, the world's largest independent insurance broker, has announced the appointment of Shelley Wright as the new Head of UK Commercial Wholesale. Wright will be joining the team to work alongside David Lee, the current Head of UK Commercial Wholesale, in a smooth transition of roles as he approaches retirement after ... Read the full article
Lockton Re sees double-digit organic growth in FY23
29th June 2023
Lockton's reinsurance business, Lockton Re, has seen a double-digit organic growth, contributing to the growth in global revenue to $3.1 billion for FY23. The independent insurance broker has reported revenue growth of 17% on a constant currency basis, with reported organic revenue growth at 16% for its fiscal year ending April ... Read the full article