Reinsurance News
Lockton
New entrants filled capacity gaps at 1/1 renewals: Lockton Re
4th February 2021
Following somewhat muted rate increases at the January 1 reinsurance renewals, Ross Howard, Global Executive Chairman at Lockton Re, has attributed the suppressed dynamic to new market entrants plugging gaps in capacity. Prices increased at 1/1 on the back of a hardening re/insurance market, but rate increases were generally more modest ... Read the full article
Stephen Bertolla to join Lockton Re in London as a Senior Broker
2nd February 2021
Lockton Re, the reinsurance arm of global brokerage Lockton, has announced the addition of Stephen Bertolla to its International P&C division in London as a Senior Broker. Later this year, Bertolla will join Lockton Re from his most recent role as an Account Executive and Senior Broker at Guy Carpenter, who ... Read the full article
Lockton Re deepens CyberCube relationship via product investment
1st February 2021
Lockton Re, the reinsurance segment of broker Lockton, has expanded its relationship with CyberCube via an investment in the firm's Portfolio Manager solution. The product has been designed to enhance enterprise risk management purposes, and will allow the reinsurance broker to advise its clients how their portfolio exposures look for extreme ... Read the full article
Lockton adds Matt Heinz to Transaction Liability practice
26th January 2021
Global re/insurance broker Lockton has announced the appointment of Matt Heinz as a Partner in its Transaction Liability practice. He will co-lead the group with Partners Josh Halpern, Eric Ziff and Gaurav Sud, who joined Lockton last year as the firm sought to significantly bolster its transaction liability capabilities. Heinz most recently ... Read the full article
Lockton adds Dan Urias to expand its Southern California business
24th December 2020
Global re/insurance broker Lockton has added Dan Urias as vice president, Producer to help expand its business in southern California. Urias will be providing risk management solutions to businesses aimed at tackling issues such as increased litigation aimed at company directors and officers as well as cyber exposures brought on by ... Read the full article
Tony Matta takes regional President role at Lockton
8th December 2020
Insurance broker Lockton has appointed Tony Matta as President of its Caribbean & Central America Facultative team, which is based in Miami. Matta most recently served as CEO for Facultative business in the Caribbean and Central America at rival broker Willis Towers Watson, also in Miami. Prior to this he held a ... Read the full article
Lockton Re names Foreman as Head of Non-Marine Retro & Property Specialty
4th December 2020
Reinsurance brokerage Lockton Re has announced the addition of Matt Foreman as Head of its Non-Marine Retrocession and Property Specialty Division in London. He joins the company from the Global ReSpecialty unit of Aon's Reinsurance Solutions, where he served as Head of London Market, Non-Marine. Keith Harrison, International Chief Executive Officer (CEO), ... Read the full article
Lockton recruits Aon trio to M&A team
2nd December 2020
Insurance broker Lockton has announced the addition of three transaction liability advisors, who have joined the firm from Aon to lead its mergers and acquisitions (M&A) consulting offering. Joshua Halpern, Gaurav Sud and Eric Ziff are expected to significantly bolster Lockton’s M&A advisory and brokerage capabilities concerning the placement of representations ... Read the full article
Lockton Re adds Senior Broker to Marine & Energy Division
2nd December 2020
Global reinsurance broker Lockton Re has announced that Steve Tritton is set to join the firm in 2021 as a Senior Broker, based in the London office, as part of its Marine & Energy division. Tritton joins Lockton Re from rival reinsurance brokerage, Guy Carpenter, where he most recently served as ... Read the full article
COVID-19 impacts UK manufacturers supply chain for Brexit: Lockton
27th November 2020
Insurance broker Lockton has released a report exploring how the COVID-19 pandemic has impacted the preparations for 500 different UK manufacturers. In its survey, 46% had said that their supply chain plans have been negatively affected by the pandemic, with a further 25% stating they have not made the appropriate arrangements, ... Read the full article
Lockton hires Business Development consultant for Midwest Series
16th November 2020
Re/insurance broker Lockton has announced the appointment of Casey Stine as a Vice President and Business Development consultant for the firm's Midwest Series. Stine brings almost 10 years of experience in employee benefits and corporate human resource consulting to Lockton, and will be located in the firm's St. Louis office, with ... Read the full article
Lockton Re adds Guy Carpenter’s Andy Massingham as a Senior Broker
15th October 2020
Lockton Re, the reinsurance arm of global brokerage Lockton, has announced that appointment of Andy Massingham as a Senior Broker, based in the London office, as part of the firm's Marine & Energy Division. Massingham joins Lockton Re from rival brokerage Guy Carpenter, where he most recently served as a Managing ... Read the full article
Lockton to leverage CyberCube’s risk analytics platform
13th October 2020
Re/insurance broker, Lockton has announced that it will be rolling out CyberCube’s Broking Manager, a cyber risks analytics platform for insurance intermediaries. CyberCube has designed and tailored Broking Manager specifically to the needs of the insurance broking space, where it offers a streamlined approach to generating financial exposure impact that helps ... Read the full article
Lockton appoints Patrick Pribyl to lead new National Surety Practice
1st October 2020
Insurance and reinsurance brokerage, Lockton, has announced the launch of its National Surety Practice, which is to be led by surety market veteran, Patrick Pribyl. Lockton's new National Surety Practice will have a focus on surety support for clients backed by all Lockton business lines; alignment of resources and technical expertise; ... Read the full article
Lockton Pacific hires risk management consultant
30th September 2020
Lockton Pacific has announced recently appointed Jason Del Grande as the new risk management and employee benefits consultant. He has joined the company in a bid to grow and accelerate its benefits and commercial insurance presence in the San Francisco Bay Area. His position took place on 18th September. Del Grande will ... Read the full article
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