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 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
Lockton appoints Clarissa Franks to lead UK P&C Retail business
27th June 2023
World’s largest independent insurance broker, Lockton has announced the appointment of Clarissa Franks as Head of UK P&C Retail. Franks will report to the European CEO, EJ Hentenaar, and work with Tony Hardy, Head of UK P&C, to transfer over the Retail area of his responsibilities, ensuring a seamless succession for ... Read the full article
Lockton names Mark Drummond-Brady as Advisor to Senior International Leadership Team
22nd June 2023
Global insurance broker Lockton has announced the appointment of Mark Drummond-Brady as Advisor to the Senior International Leadership Team, effective July 1, 2023. Drummond-Brady, a highly experienced insurance industry veteran with over 40 years of expertise, will provide valuable advice and counsel to support Lockton's ongoing growth plans. Drummond-Brady's career in the ... Read the full article
Lockton appoints Eric Collison as the VP and Unit Manager of Memphis office
9th June 2023
Lockton announces the appointment of Eric Collison as the Vice President and Unit Manager to the global firm's Memphis office. Collison is an industry veteran with nearly two decades of industry experience. He brings extensive sales and management expertise towards his new role. Previously, he has worked for global firms including Liberty ... Read the full article
Lockton strengthens its Intangible Asset and Contingent Liability practice with new hires
30th May 2023
Global insurance broker Lockton has announced the addition of Jason Sandler and Craig Taylor to its Intangible Asset and Contingent Liability practice. This division operates within the broader Transaction Liability practice and focuses on providing innovative solutions to address the challenges associated with intellectual property (IP) matters and associated credit and ... Read the full article
Lockton names James Bannister as Head of Global War, Terrorism & Political Violence
17th May 2023
Global insurance broker Lockton has appointed James Bannister as the Head of Global War, Terrorism & Political Violence, effective immediately. He will report to Matt Humphries, the Head of Crisis Management, based in London. In his new position, Bannister will oversee the advancement of Lockton's insurance offerings in the areas of ... Read the full article
Lockton acquires THB Brazil from Amwins
5th May 2023
Lockton has announced the acquisition of THB Brazil from Amwins as the insurance broker continues to expand its footprint across Latin America; terms of the transaction were not disclosed. Upon completion of the deal, Eduardo Lucena, chief executive officer of THB Brazil, will assume new responsibilities as Deputy chief executive officer ... Read the full article
Lockton expands Commercial Wholesale team with Simon Jesson’s hire
4th May 2023
Independent insurance broker Lockton has announced the appointment of Simon Jesson as Business Development Manager to its Commercial Wholesale team based in Manchester. Jesson is to start his new role with immediate effect. He will be responsible for developing new business as the company continues to grow the number of clients ... Read the full article
Lockton promotes five key leaders to global roles to drive innovation and growth
3rd May 2023
Global insurance broker Lockton has announced the promotion of five key leaders into global roles. These leaders will be working closely with the retail leadership team to build innovative enterprise-wide solutions. Lockton recently surpassed $3 billion in revenue after 57 years in business, with $1 billion of that growth occurring in ... Read the full article
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