Reinsurance News
Lockton
Lockton announces alliance with Birwood Services Group
22nd September 2020
Insurance broker Lockton has announced a strategic alliance with Birwood Services Group, a Detroit-based minority business enterprise (MBE) insurance brokerage. The new alliance with Birwood will provide end-to-end solutions, including risk management, benefits and human capital consulting, and business succession planning. It will also assist companies in implementing corporate social responsibility goals ... Read the full article
Pradip Ghosh named president of Lockton Capital Markets
2nd September 2020
Re/insurance broker Lockton has appointed Pradip Ghosh president of its Lockton Capital Markets unit. Ghosh will work closely with Chief Executive Officer Ken Pierce on direction and oversight as LCM looks to build out its platform. He brings over 20 years' experience in the insurance, financial services, and asset management industries and most recently ... Read the full article
Troy Cook takes CFO role at Lockton
1st September 2020
Insurance and reinsurance broker Lockton has announced the appointment of Troy Cook as its new Chief Financial Officer (CFO), effective September 24th. As CFO, Cook will lead Lockton's strategic finance function in alignment with the company's growth plan, while reporting to Lockton’s Chairman, Ron Lockton. Most recently, Cook served for over 20 ... Read the full article
Lockton hires new chief people officer
26th August 2020
Insurance and reinsurance broker, Lockton, has announced the hiring of Kelly Conway as their new chief people officer. Conway will lead Lockton's people strategy, focusing on continuing to attract, develop, and retain talent to support the broker’s growth. In addition to taking responsibility for central HR functions, she will partner across the ... Read the full article
Lockton adds Nicholas King as President of Washington Office
23rd July 2020
Independent insurance and reinsurance brokerage, Lockton Companies, has announced the hiring of Nicholas King as President of Lockton Washington, based in Seattle. He joins the firm from Seattle based broker Parker, Smith & Feek where he led the company's Real Estate Practice, with a focus on institutional fund and multi-generation Real ... Read the full article
Lockton names WTW’s José Otávio as CEO of Brazil operations
1st July 2020
Global insurance and reinsurance broker Lockton has appointed José Otávio De Albuquerque Sampaio as Chief Executive Officer (CEO) of its Brazil operations. José Otávio takes over as CEO of Brazil at Lockton from Tony Gusmao, who has led the division for the past seven years and whose departure and relocation to ... Read the full article
Lockton Re adds Bisset & Foreman from Aon
10th June 2020
Lockton Re, the reinsurance broking arm of the privately held and independent intermediary, has added two senior appointments in Bob Bisset and Matt Foreman from Aon. The two senior London hires see the broker make steps towards the build-out of a new retrocessional reinsurance practice. Bisset has been with Aon for almost ... Read the full article
COVID-19 to boost demand for W&I coverage: Lockton
4th June 2020
Analysts at re/insurance broker Lockton believe that Warranty & Indemnity (W&I) insurance is likely to become more sought after in the coming months as a result of the COVID-19 pandemic. The firm noted that take up of W&I insurance in mergers and acquisitions (M&A) deals has already increased from 6% to ... Read the full article
Lockton Capital Markets appoints Ken Pierce as CEO
2nd June 2020
Lockton Capital Markets, a global investment bank and part of Lockton Companies, has announced the hiring of Ken Pierce as Chief Executive Officer (CEO), effective June 1st, 2020. In his new role, Pierce will be tasked with leveraging his 30 years of experience as a leader in the insurance and alternative ... Read the full article
Lockton Re names Martin Stephenson Chairman of Marine & Energy
20th May 2020
Global reinsurance broker Lockton Re has announced the appointment of Martin Stephenson as Chairman of Marine & Energy, effective July 2020. In his new role, Stephenson will report to Keith Harrison, International Chief Executive Officer (CEO) at Lockton Re, and will work closely with Jerry Ridge, Head of Marine & Energy ... Read the full article
Swiss Re announces Lockton Affinity as administrator for Tennessee LPL program
12th May 2020
Global reinsurance giant Swiss Re has selected Lockton Affinity, an affiliate of Lockton Companies, as the new program administrator for its Lawyer Professional Liability (LPL) insurance in Tennessee, U.S., effective June 1st, 2020. This program provides lawyers with a comprehensive Professional Liability solution through Swiss Re, with best-in-class administration from Lockton ... Read the full article
Lockton targets continued growth with new leadership structure
29th April 2020
Re/insurance brokerage Lockton has announced a new leadership structure designed to support the company's planned growth ambitions, including the appointment of Hiram Marrero as President, Global Growth Officer. Marrero currently serves as Executive Vice President and Regional Executive Officer at Lockton, and in his new role as President, Global Growth Officer, ... Read the full article
Lockton appoints JLT’s Harton to lead Irish business
23rd January 2020
Global re/insurance broker Lockton has appointed Amanda Harton as Chief Executive Officer and director of its Irish business. Harton will lead Lockton Insurance Brokers (Ireland) by helping clients manage their risk in real estate, insolvency, waste management, motor trade and hospitality. Lockton’s announcement states that LIBI will continue to expand its offering ... Read the full article
Lockton bolsters LatAm presence with exec hires
27th November 2019
Global insurance and reinsurance broker Lockton has added Andrew Perry and Ed Fyfe as senior Latin America executives, while also promoting Marcela Flores to form a new Lockton regional LatAm executive with effect from 1 May 2020. Perry joins from Marsh, having held various senior appointments including Chief Executive Officer of ... Read the full article
Lockton hires two from JLT for new APAC Transactional Risks Division
18th November 2019
Global insurance and reinsurance broker Lockton has launched a new Asia Pacific (APAC) Transactional Risks Division, and has appointed Will Seccombe as Business Leader based in Hong Kong, and Mindy Ng as Vice President, based in Singapore. Seccombe brings 30 years of experience in the insurance sector to Lockton, having joined ... Read the full article
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