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Lockton News
Lockton news from Insurance Insider
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.
The executive succeeds Tim Ryan, who was recently appointed as the firm’s US president.
Tim Ryan previously spent 19 years as COO of Lockton’s Northeast business.
The broker hired Bruna Reis, Renée Bradbury, Gabriela Coelho and Luis Felipe Melo.
Lockton EVP Matthew Simmons was ordered to pay $1.9mn of the total award.
A quick roundup of today’s need-to-know news.
The plaintiff is seeking damages in excess of $35,000 as well as a trial by jury.
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.
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From Insurance Insider US

American Coastal enters agreement to sell personal lines subsidiary Interboro

A non-binding term sheet was signed on October 6, whereby the buyer will acquire 100% of Interboro’s issued and outstanding securities in exchange for cash.
From Insurance Insider US

Beazley working on standalone cyber war product in market first

The new product is being developed to meet client demand for the coverage as the Lloyd’s market prepares to exclude cyber war as a peril from 31 March.
From Insurance Insider US

Kin Insurance targets $100mn Florida named storm limit with Hestia Re

The Chicago-based InsurTech placed its debut cat bond in April 2022 in a private deal.
From Insurance Insider US

Munich Re appoints Kerner to lead new specialty division

Michael Kerner, who joined Munich Re in 2018, has been appointed to lead the operation.
From Insurance Insider US

Southern Fidelity’s reinsurance failure impacted by 2021 loss handling

The insurer reclassified some Hurricane Ida claims as storm Nicholas losses, producing an overweight loss for the second event.
From Insurance Insider

London market 2021 results: View from the early reporters

Improved underwriting performance and double-digit top line growth at most carriers has characterised results reported so far.
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