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Lockton news from Insurance Insider US
The executive will assume the position today, working with Troy Cook on a transition plan.
Challenges such as climate change and civil litigation remain troubling.
Ian George will be joined by Sawyer and Williamson as account executive and consultant respectively.
US and international operations, as well as global reinsurance, all posted double-digit organic growth.
Lockton also hired Luisa Senior from WRB as property VP reporting to Uribe.
The executive’s experience centers on program design for complex risk.
Based in Miami, the unit will be led by Simon Arden and Mario Martinez.
In her new position, the executive will report to UIB LatAm CEO Carlos Gutierrez.
The broker used a consensus-based hypothetical cat event type to analyse its global impact.
Rate increases are expected to continue, but at a slower pace.
Preet Gill spent nearly 20 years with Marsh McLennan’s technology practice.
He was most recently cyber product leader at Zurich NA.
He had most recently served as a managing director at Aon.
The changes are effective immediately.
Ross' appointment marks the first of four hires to the new business lines.
The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.
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.
Kenneth Gould and Frank Scardino resigned “effective immediately” in early October to join WTW, allegedly forgoing a required 30-day notice period.
Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.
Scott Canales, Richard Roderick, and Greg Barnes will join as executive vice presidents, and Mark Racunas as senior vice president, of Alliant Specialty.
The segment will be co-led by Sean Hannah and Joe Koebele.
Spore will be responsible for driving growth with Lockton's insurer partners, focusing on financial, professional, and cyber risks.
Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.
The broker reported double-digit growth across US, international and global reinsurance operations.
Based in New York, the executive will report to Lockton cyber and tech practice leader Michelle Faylo.
Competitor news

Competitor news

A quick round-up of today’s need-to-know news.
The executive will relocate to Peru and report to CCO Alejandro Revoredo.
Steadfast, AUB and BMS have joined the top 20.
Chief science officer Steve Bowen said it was still too early to provide precise insured-loss estimates.
The broker will work to support US client retention and business growth.
Horton provides insurance services across Indiana, Illinois, Wisconsin, Minnesota and Florida.
Seven members of the construction team have resigned, including construction practice leader Patrick Baker.
She said potential hurricane activity was just one factor impacting the 2025 outlook.
The broker said it did not anticipate a slew of new entrants, with the possible exception of casualty start-ups.
Carriers believe price and exposure adequacy is on the horizon.
A deal would mark Amwins’ second LatAm sale, after Lockton acquired THB Brazil last May.
The executive previously led the excess casualty practice at Aon.
He brings more than 20 years of industry experience to the role.
The move is the latest in a series of top-level reshuffles at Gallagher.
Quarterly price increases of around 6% have remained steady since the pandemic.
She will report to Brian Flasinski, Gallagher Re’s new North America CEO.
His promotion to chief executive was announced in March.
Partington will now be leading Gallagher’s LatAm and Caribbean businesses.
Regulatory compliance risks were listed as the third-greatest concern.
He will report to Cynthia Beveridge, global chief broking officer for commercial risk.
Rappa will take on the role effective May 20.
AJ Gallagher had also shown an interest in acquiring the Australian retailer.
US SCS insured losses YTD already stood at around $12bn prior to these events.
This was Gallagher’s largest Q1 deal, followed by $66.6mn for Ericson Insurance.
deLaricheliere will report to WTW head of FIPS Brad Messinger.
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