Lockton

The broker returns to Lockton as the company continues its hiring spree.

Guy Carpenter has made further hires to its facultative division, GC Fac, with the appointments of three senior executives within its property fac segment.

Following two decades at Aon Benfield, he will join Lockton sometime next year after his gardening leave.

Ventosa joins Lockton as a director of energy, as the world’s largest privately held broking firm targets clients in the oil and gas industry.

The broker also confirms the appointment of James Goodwin as head of power and mining.

Arrivals include energy product leader Carlos Vinicius Simonini and placement head Marcelo Daniel.

Lockton Re has leveraged long-standing client and market relationships to get its burgeoning fac business moving, despite the challenges of global lockdown

The directors’ and officers’ (D&O) insurance market is bracing for a total loss of around $600mn for claims against American-Israeli drug manufacturer Teva Pharmaceuticals.

The e-trading platform’s usage has surged since the insurance market began working remotely.

Lockton Re has hired Anthony Izzo as a senior broker in its New York office, reporting to Nick Durant, CEO of North America.

José Otávio De Albuquerque Sampaio was Willis’ Brazil CEO for 11 years.

The latest damaging D&O loss comes as the market hardening continues to accelerate.