Lockton
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The unit’s co-heads, Braithwaite and Apostolides, left the firm in the summer.
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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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Rates continue to be favorable for buyers across major lines of coverage.
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Lockton Re has predicted major growth in the global cyber insurance market.
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Her predecessor will become head of US excess casualty and operations.
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The boutique retail broker provides P&C and benefits services in the Mexican Caribbean hospitality sector.
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Both executives will be based in New York City.
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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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Appointments include leadership in transportation, energy, marine and others.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive left Lockton Re in June after almost six years.
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Jim Franson joins from Validus Re, where he was US president.
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The executive has experience as both an attorney and a broker.
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The broker built out Lockton Re’s US casualty and professional lines treaty book.
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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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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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Insurance Insider US explores the economics of the lift-out growth strategy.
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The executive has been with the firm for 20 years.
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The role will unify the P&C and professional and executive risk practices.
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Inflation, tariffs and climate change are all making for an uncertain 2025.
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Dickerson has spent over three years at the reinsurance broker.