Lockton
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Trading Risk reported last year that the Aon executive had resigned to join Lockton. -
Davies most recently served as head of global Re specialty Bermuda for the firm’s reinsurance division.
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The executive will take on the role of chairman of retro, property specialty, Bermuda and market capital.
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James Cook, Steve Leeming and Lewis Coward move to the expansive broker, with Libby Snow also to join from AJ Gallagher.
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The privately owned broker aims to strengthen its facultative broking proposition with the appointment of Melanie Cruz from ASSA.
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Reporting to head of London North America Mark Higgins, Dan Shaw is set to join in the autumn.
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The move comes as Aon and Willis race to receive regulatory approval for their merger.
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The larger broker says it lost more than $6.5mn in revenue after leaders “solicited” colleagues and clients.
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The hires are latest move in a recruitment drive by Lockton in LatAm.
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The marine hull and war underwriter will rejoin former colleague Chris Goddard, who launched the start-up last year.
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Simon Moore has joined Lockton Re as a senior broker in the company’s non-marine retro and property specialty team, based in London.
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The continued expansion comes amid tough competition for talent in the hard D&O marketplace.
