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Lockton News
Lockton news from Insurance Insider
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.
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.
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.
Competitor news
Competitor news
Competitor news
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Q2 renewals will likely signal changes in the reinsurance market, the broker said. -
Gallagher paid out $1.7bn in 2024, additional to its costs for AssuredPartners.
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The broker attributed the drop to smaller average deal sizes over the quarter.
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In Partnership With Allianz CommericalWhat should we expect in the world of deal-making in 2025? According to Tony Ursano of Insurance Advisory Partners, the stage is set for a spree of transactions. In Lloyd's, it's a question of when, not if deals will take place. Meanwhile, the MGA market remains "red hot".
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In Partnership With Allianz CommericalLloyd's ambitions to attract large corporates to the marketplace is well known. But how has one of its major coups - the re-entry of Aviva via the acquisition of Probitas - impacted growth?
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How do you build a $400mn MGA? Navium Marine CEO Clive Washbourn told Behind the Headlines that his business is a "fighter jet" out hunting for deals. Navium has built scale by taking on risk "in a fairly aggressive way" with large line sizes available to deploy. Whilst the marine market is now coming under pressure, Washbourn still thinks there is "robustness" in rating, although making money in the volatile Red Sea war market is challenging.
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