Lockton

The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.

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.

Kenneth Gould and Frank Scardino resigned “effective immediately” in early October to join WTW, allegedly forgoing a required 30-day notice period.

Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.

Scott Canales, Richard Roderick, and Greg Barnes will join as executive vice presidents, and Mark Racunas as senior vice president, of Alliant Specialty.

The segment will be co-led by Sean Hannah and Joe Koebele.

Spore will be responsible for driving growth with Lockton's insurer partners, focusing on financial, professional, and cyber risks.

Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.

The broker reported double-digit growth across US, international and global reinsurance operations.

Based in New York, the executive will report to Lockton cyber and tech practice leader Michelle Faylo.

Mark Drummond-Brady will be providing advice and counsel to support the broker’s growth plans.

Right now firms pursuing this strategy are winning, although there are some potential slow-burn issues to watch.