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Lockton News
Lockton news from Insurance Insider
M&A
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.
The broker spent almost 20 years at Marsh.
Appointments include leadership in transportation, energy, marine and others.
This publication revealed two years ago that EQT could lodge a $1bn claim.
M&A
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.
Daniela Mills joins after more than eight years at Lockton.
Third-party liability, auto, medmal and premises liability remain challenging.
The broker will be using Verisk US agricultural risk models.
Debbie Goldstine previously held an EVP role at Lockton.
The former Lockton employee’s suit alleges sexual and gender harassment.
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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

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.
From Insurance Insider US

Conduit reports H1 loss and 122% CoR in ‘period of transition’

The carrier said market dynamics were shifting due to increased capacity.
From Insurance Insider US

HSCM among stock sellers in Slide’s $408mn IPO

Slide is putting faith in tort reforms and will lean into Florida, CEO Lucas said.
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