Lockton
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Both Schlesinger and Sandford will report to Matt Humphries, head of crisis management.
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The executive will report to UIB LatAm CEO Carlos Gutierrez.
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The broker used a consensus-based hypothetical cat event type to analyse its global impact.
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Paire will be reunited with James Mackay in his new role.
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Competition among insurers is rising as new carriers enter the market.
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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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Rowley brings over two decades of experience, including nearly five years at WTW most recently and a 16-year-stint at Brit.
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The segment will be co-led by Sean Hannah and Joe Koebele.
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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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Nick Muir will be responsible for the oversight of and growth in the firm’s property portfolio.
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Beginning in his role with immediate effect, Peter Chesterfield will focus on construction projects across international markets.
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The hire comes as Miller continues to expand its UK team under the leadership of Tim Norman.
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The executive joins Lockton Re after almost 11 years at Aon Benfield, where he was treaty broker based in Chile.
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Placing Platform Limited’s Next Gen platform went live on Monday after several delays.
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Structures have been developed that would avoid “excessive capital trapping”.
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