Lockton
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David Bell has held aviation roles at Marsh, AIG, Gallagher Re and Aon.
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Abbas Juma has spent more than seven years at Howden M&A in various senior roles.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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Lockton Re has predicted major growth in the global cyber insurance market.
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The 2024-25 period has been the worst on record for claims, with costs of $775mn+.
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Her predecessor will become head of US excess casualty and operations.
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The relationship between growth and capital is “symbiotic”, the broker said.
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Henrietta Butcher leaves Tysers after decades with the broker.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
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Tom Hester joined the broker in 2018 as SVP.
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Philip Dalton succeeds partner Colin Hasler, who has retired after a 42-year career.
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In May, we revealed that Lockton's James Campbell is leaving for a role in HWF’s real estate team.
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Jim Franson joins from Validus Re, where he was US president.
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Partner Neo Combarro announced his departure on LinkedIn in May.
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The broker built out Lockton Re’s US casualty and professional lines treaty book.
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Plus, the latest people moves and all the top news of the week.
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Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends.
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Last month, Combarro announced his exit on LinkedIn after 17 years at Lockton.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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Neil Nimmo was CEO and chairman at Lockton International for more than 16 years.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.
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The broker has also held positions at JLT, Towergate and THB.
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The broker will be based in Oslo and drive expansion in the Nordic region.
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The broker has recently unified its global financial lines practice.
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Dickerson has spent over three years at the reinsurance broker.
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The executive joins from Gallagher Re.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The marine market has experienced another flurry of personnel movement.
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Mark Costin previously held senior roles at Piiq and Marsh.
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The former Marsh aviation CEO is expected to join Lockton next month.
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The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
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Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
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McGill was recently included in Warburg Pincus’s multi-asset continuation vehicle.
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Daniel Moruzzi joins from Ascot and Matthew Cope joins from Aon.
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The broker will be using Verisk US agricultural risk models.
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Jack Gardner and Tom Kirwan remain in post at Ascot.
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Debbie Goldstine previously held an EVP role at Lockton.
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The Jan De Nul-owned Zheng He was seized by Mexican authorities in November last year.
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Current head of specialty Paul Upton will move to become chairman of the division.
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Rachel Cohn joins from Gen Re, where she was senior international casualty facultative underwriter.
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The firm will recruit 80-90 new employees this year.
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It is understood that the three hires will join Miller’s international construction team
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The broker has spent the bulk of his career handling major accounts.
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The executive will assume the position today, working with Troy Cook on a transition plan.
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Challenges such as climate change and civil litigation remain troubling.