Lockton
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The scope of McCann’s new role spans across various property segments, including retrocession. -
The broker said its capital markets unit would be “fully aligned with the broking and analytics teams.
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Kathy McCann is set to join from Guy Carpenter, while Zach Breslin will move over from Aon Securities.
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Lockton Re has hired James Boon from Aon to work as a senior broker in the expansive non-marine retrocession and property specialty division.
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SageLink will enable fully automated quoting capabilities for reinsurance.
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Trading Risk reported last year that the Aon executive had resigned to join Lockton.
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Davies most recently served as head of global Re specialty Bermuda for the firm’s reinsurance division.
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The executive will take on the role of chairman of retro, property specialty, Bermuda and market capital.
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Simon Moore has joined Lockton Re as a senior broker in the company’s non-marine retro and property specialty team, based in London.
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The deal follows an agreement the reinsurance broker reached in December to partner with auction platform Tremor Technologies.
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The intermediary cited Convex and Vantage among new entrants adding capacity to the market at the renewal.
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The additional raise takes the carrier’s committed capital to $3.2bn.
