Lockton
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The executive will lead strategic initiatives and hire talent.
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Ross' appointment marks the first of four hires to the new business lines.
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The broker grew by 35% in 2023 and is looking to reach gross written premiums of $1.4bn by 2026.
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Yesterday, this publication reported that James Mackay was set to depart from his previous role at Aon Reinsurance Solutions.
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The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.
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The new leader’s career includes stints at WTW, Marsh and Allianz.
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The incoming head of Europe spent 17 years at Aon, most recently as chief commercial officer of the broker’s EMEA operations.
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Lockton is hiring in financial institutions following the departure of several staff to join Bishopsgate.
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It is understood that Padin will take on a treaty role overseeing client relationships across LatAm and the Caribbean while Martinez will lead fac re for Central America.
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Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.
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