Lockton
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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.
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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.
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The executive was CFO of Marsh Specialty and Global Placement.
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Daniela Mills joins after more than eight years at Lockton.
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Third-party liability, auto, medmal and premises liability remain challenging.
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The broker will be using Verisk US agricultural risk models.
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Debbie Goldstine previously held an EVP role at Lockton.
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The former Lockton employee’s suit alleges sexual and gender harassment.
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The executive succeeds Tim Ryan, who was recently appointed as the firm’s US president.
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Tim Ryan previously spent 19 years as COO of Lockton’s Northeast business.
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The broker hired Bruna Reis, Renée Bradbury, Gabriela Coelho and Luis Felipe Melo.
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Lockton EVP Matthew Simmons was ordered to pay $1.9mn of the total award.
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The plaintiff is seeking damages in excess of $35,000 as well as a trial by jury.
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The executive will assume the position today, working with Troy Cook on a transition plan.
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Challenges such as climate change and civil litigation remain troubling.
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Ian George will be joined by Sawyer and Williamson as account executive and consultant respectively.
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US and international operations, as well as global reinsurance, all posted double-digit organic growth.
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Lockton also hired Luisa Senior from WRB as property VP reporting to Uribe.
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The executive’s experience centers on program design for complex risk.
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Based in Miami, the unit will be led by Simon Arden and Mario Martinez.
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In her new position, the executive will report to UIB LatAm CEO Carlos Gutierrez.
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The broker used a consensus-based hypothetical cat event type to analyse its global impact.
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Rate increases are expected to continue, but at a slower pace.
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Preet Gill spent nearly 20 years with Marsh McLennan’s technology practice.
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He was most recently cyber product leader at Zurich NA.
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He had most recently served as a managing director at Aon.
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The executive will lead strategic initiatives and hire talent.
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Ross' appointment marks the first of four hires to the new business lines.
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The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.
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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.
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Kenneth Gould and Frank Scardino resigned “effective immediately” in early October to join WTW, allegedly forgoing a required 30-day notice period.
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Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.
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Scott Canales, Richard Roderick, and Greg Barnes will join as executive vice presidents, and Mark Racunas as senior vice president, of Alliant Specialty.
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The segment will be co-led by Sean Hannah and Joe Koebele.
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Spore will be responsible for driving growth with Lockton's insurer partners, focusing on financial, professional, and cyber risks.
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Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.
