Lockton
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James Bannister has spent 12 years in total at Aon, with his time at the broker split in half by a two-year stint as a PV underwriter at Sompo Canopius.
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The broker will be responsible for maintaining growth, working with US and international offices.
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The executive has worked at WTW, CFC, Hiscox and Liberty.
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The firm said it did not expect “carnage” despite expectations around incoming demand.
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The broker said it would help clients to think creatively and act quickly in accessing capital.
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The move is the latest in a series of personnel changes in the construction space.
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Sources said that the executive will be joined by facultative broker and former treaty senior executive Carmen Anderson.
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The broker said its capital markets unit would be “fully aligned with the broking and analytics teams.
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The hires come amid a personnel expansion at Lockton, which brought in 1,200 new staff last year.
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The firm highlighted that over the last year it has recruited more than 1,200 staff across all lines of business.
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The scale of the claim deals a substantial blow to the subsection of the energy market, but is not as large as first feared.
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It is understood that the executives will take up the positions once Lockton receives regulatory approval
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