Lockton
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The segment will be co-led by Sean Hannah and Joe Koebele. -
The carrier describes reinsurers’ current strategy of dealing with cyber policies as "a game of whack-a-mole"
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The executive will work within the retrocession and property specialty division, as well as supporting the London market and global production activity.
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The executive is to replace retiree David Lee.
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Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.
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The executive will lead operations and support the company’s growth strategy.
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The broker reported double-digit growth across US, international and global reinsurance operations.
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The executive was retail placement leader for Marsh UK and Ireland.
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Chris Parish was previously portfolio management and funds team leader at Nephila Capital.
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Mark Drummond-Brady will be providing advice and counsel to support the broker’s growth plans.
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The Big Three reinsurance brokers face a number of factors that could challenge their supremacy.
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Following the deal, Jose Otavio Sampaio will continue as Lockton Brazil CEO while THB Brazil CEO Eduardo Lucena will become deputy CEO of the combined entity.
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