Lockton
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The executive switches to broking after working at Hiscox for nearly 12 years.
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Capacity and use of W&I are set to accelerate despite a short-term drop in M&A deal volumes, according to the broker. -
Keith Thurman will lead the build-out of the operation from the Atlanta office
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Said Taiym will be US COO, with Hiram Marrero becoming president and global growth officer.
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Aon’s Phillip Mallon joins the North American team and Neon’s Freya Foxall moves to the international P&C team.
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The move comes as Lockton continues an expansion into new areas of the reinsurance market.
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Howard and Harrison have wrested the London piece of the account from Guy Carpenter.
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The former JLT Re chairman rejoins old colleagues including Keith Harrison, who is now Lockton Re International CEO.
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The tussle over the financial lines broker comes amid rising competition for talent between rival insurance intermediaries.
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The appointment reflects a concerted expansion of the broker’s Dublin operations.
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Lockton Re is targeting $400mn in annual reinsurance revenue by the time the business is up to scale.
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The parties agreed to a “mutual resolution of all claims”, noted Guy Carpenter’s legal counsel.
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