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Lockton news from Insurance Insider
The unit’s co-heads, Braithwaite and Apostolides, left the firm in the summer.
According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
Rates continue to be favorable for buyers across major lines of coverage.
Lockton Re has predicted major growth in the global cyber insurance market.
Her predecessor will become head of US excess casualty and operations.
The boutique retail broker provides P&C and benefits services in the Mexican Caribbean hospitality sector.
Both executives will be based in New York City.
Henrietta Butcher leaves Tysers after decades with the broker.
Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
Appointments include leadership in transportation, energy, marine and others.
This publication revealed two years ago that EQT could lodge a $1bn claim.
The Insurance Insider US news team runs you through this week’s key agency M&A.
The executive left Lockton Re in June after almost six years.
Jim Franson joins from Validus Re, where he was US president.
The executive has experience as both an attorney and a broker.
The broker built out Lockton Re’s US casualty and professional lines treaty book.
Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends.
The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
Insurance Insider US explores the economics of the lift-out growth strategy.
The executive has been with the firm for 20 years.
The role will unify the P&C and professional and executive risk practices.
Inflation, tariffs and climate change are all making for an uncertain 2025.
Dickerson has spent over three years at the reinsurance broker.
The executive was CFO of Marsh Specialty and Global Placement.
Competitor news
Competitor news
Competitor news
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation. -
WTW claims at least two $1mn accounts were also unfairly lost to Howden.
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The executive was formerly EVP and central regional leader at Aon.
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From Insurance Insider
Insider Outlook: Year in Review
From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months.
In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
From Insurance Insider US
Commercial lines rate increases slow to 3.8%: WTW
The figure is down from 5.9% in Q2 2024.
From Insurance Insider
LIVE from Monte: Mereo CEO Croom-Johnson
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From Insurance Insider ILS
Hannover Re outlines ILS plans as Ludolphs to retire at end of 2026
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
From Insurance Insider
LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
From Insurance Insider US
Brown & Brown appoints Hearn to lead global operations
The executive has been serving as COO since February.
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