Lockton
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David Bell has held aviation roles at Marsh, AIG, Gallagher Re and Aon. -
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.
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Ian George will be joined by Sawyer and Williamson as account executive and consultant respectively.
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Quota share commissions are under pressure amid changing buying patterns.
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US and international operations, as well as global reinsurance, all posted double-digit organic growth.
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The broker will become director of marine at the Ardonagh subsidiary.
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Lockton also hired Luisa Senior from WRB as property VP reporting to Uribe.
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Rob Littlemore was previously CEO of Axa XL global market reinsurance.
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The broker has worked for Aon, Ed, Willis Re and Tysers.
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The former Aon and Argenta executive will take up a Lloyd’s capital role.
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Paul Jones joins from Descartes Underwriting, where he served as commercial director.
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The MGA boosted its capacity by 40% earlier this year, amid heightened activity in marine war.
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Jessica Cullen is relocating to London from New York to take up the new role.
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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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The business will be led by Tanya Dasgupta, who recently joined from Aon.
