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 strengthens Switzerland presence with new offices in Zurich and Geneva
18th November 2025
Global insurance broker Lockton has announced the establishment of new offices in Zurich and Geneva, strengthening its presence in Switzerland, with Stephan Bachmann appointed CEO of Lockton Switzerland GmbH. The expansion follows years of successful collaboration with Swiss-based multinational corporations and is a deliberate investment to bring high-touch, specialist service closer ... Read the full article
Lockton expands into Saudi Arabia, names Al Abdul Jabbar CEO of retail
11th November 2025
Lockton, an independent insurance broker, has expanded its operations into the Kingdom of Saudi Arabia and appointed Mohammad Al Abdul Jabbar as Chief Executive Officer (CEO) for its retail operations in the region. This expansion is part of the broker's broader international strategy to strengthen its presence across the Middle East, ... Read the full article
Lockton advises Marinus Link on Financial Close for subsea interconnector project
7th October 2025
Lockton, an independent insurance broker, has advised Marinus Link Pty Ltd (MLPL) in reaching Financial Close on its landmark subsea interconnector between Tasmania and mainland Australia. Marinus Link is a proposed undersea and underground electricity and data interconnector between North West Tasmania and the Latrobe Valley in Victoria. MLPL, jointly owned ... Read the full article
There are challenges, but reinsurance conditions remain favourable: Lockton
26th September 2025
The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, according to report from broking group Lockton. It's no secret that property reinsurance rates ... Read the full article
Lockton names Rapciewicz as US Casualty Leader & Cullen as Head, Excess Casualty & Operations
18th September 2025
Lockton, a global independent insurance brokerage, has appointed Peter Rapciewicz as US Casualty Leader, and Jessica Cullen as Head of Excess Casualty and Operations, based in New York City. In his new role, Rapciewicz will oversee the strategic direction and growth of Lockton's casualty offerings across the US, reporting directly to ... Read the full article
Lockton names Naji Abboud as Senior Executive Officer in DIFC
12th September 2025
Lockton, an independent insurance broker, has appointed Naji Abboud as Senior Executive Officer (SEO) of its Dubai International Financial Centre (DIFC) branch. Abboud has worked with Lockton for over 15 years across the MENA region, gaining extensive experience in the insurance sector and holding a range of leadership positions. His new ... Read the full article
Lockton appoints Ryan Bond as Head of P&C, Bermuda
27th August 2025
Lockton, a global independent insurance brokerage, has appointed Ryan Bond in the newly created role of Head of Property and Casualty (P&C) for Bermuda, effective September 8th, 2025, based on the island. In his new role, Bond will report to Philip DiMeglio, Managing Director, Lockton Bermuda, and hold overall responsibility for ... Read the full article
Lockton appoints Marrero President, Chief Growth Officer for US operations
13th August 2025
Lockton, a global independent insurance brokerage, has announced the appointment of Hiram Marrero as President, Chief Growth Officer for its U.S. operations, a Florida-based role. In this newly established role, Marrero will leverage his 25 years of insurance experience to support Lockton’s US growth strategy, aligned to geographical and industry expansion, ... Read the full article
Lockton unveils new U.S. practice alignment to better serve clients
12th August 2025
Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transportation Practice Leader; Rob Hausler, U.S. Energy Practice Leader; Eric Braverman, U.S. Law Firms Practice Leader; Anita ... Read the full article
Lockton appoints Kelly Thoerig as US D&O and EPL Product Leader
31st July 2025
Lockton, a privately held insurance brokerage, has appointed Kelly Thoerig as U.S. Directors and Officers Liability (D&O) and Employment Practices Liability (EPL) Product Leader within its Professional & Executive Risk division. Based in Virginia, Thoerig will report to Sarah Downey, U.S. Professional & Executive Risk Leader at Lockton. In this role, she ... Read the full article
Lockton appoints Paul Primavera as National Construction Practice Leader
8th July 2025
Lockton, a privately held insurance brokerage, has announced the appointment of Paul Primavera as National Construction Practice Leader. Based in Los Angeles, Primavera will report to Chris DiLullo, U.S. Industry Practices Leader at Lockton. In his new role, he will build on Lockton’s construction expertise to drive growth, enhance client engagement, and ... Read the full article
Lockton promotes Sarah Downey to US Professional & Executive Risk Leader
7th July 2025
Lockton, a privately held insurance brokerage, has promoted Sarah Downey to US Professional and Executive Risk Leader, succeeding Devin Beresheim, who was appointed Lockton's US Risk Solutions Leader earlier this year. In her new role, she will report to Beresheim and oversee the team responsible for broking, risk advisory, and claims ... Read the full article
Lockton appoints Serrault as COO of US, Kuonen named COO of Dunning
1st July 2025
Lockton, a privately held insurance brokerage, has appointed Nick Serrault as Chief Operating Officer (COO) for its US operations, reporting to Tim Ryan, Lockton’s US President, based in Texas. Serrault has nearly two decades of industry experience, including nearly a decade of leadership experience at Lockton. Most recently, he was the COO ... Read the full article
Favourable conditions for US commercial insurance buyers amid economic uncertainty: Lockton
27th June 2025
For US commercial insurance buyers, the current landscape is arguably the most favourable in the past five to six years, however, economic uncertainty abounds, with potential ripple effects on the insurance market, according to the latest Lockton Market Update. Lockton reported that conditions remain strong for insurers, supported by continued underwriting ... Read the full article
Lockton and Parametrix to launch SLA insurance for data centre market
25th June 2025
Lockton, a privately held insurance brokerage, has partnered with Parametrix, a provider of digital business interruption risk solutions, to launch Service Level Agreement (SLA) breach coverage to the data centre market. The pair explained that the coverage delivers immediate financial compensation in the event of an SLA breach, based on predefined ... Read the full article
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