Lockton Re poaches Aon exec to lead new Bermuda office

Lockton Re has opened an office in Bermuda that it said will enhance its ability to serve its clients on the island and internationally, and hired an executive from Aon Reinsurance Solutions to lead it.

Jonathan (Jonty) Davies joins Lockton Re Bermuda as chief executive officer (CEO). He was formerly Aon Reinsurance Solutions’ head of global reinsurance specialty Bermuda.

Davies joined Aon in 2006 and held a number of roles across property, casualty and specialty lines, before moving into the global specialty re division in 2010, initially as a mariner, before later focusing on retro and property specialty. He worked particularly closely with reinsurers and ILS funds in London, Zurich and Bermuda.

Tim Gardner, Lockton Re’s global CEO, said opening the Bermuda office is a key evolution in its strategy, and praised Davies’ reputation and experience. “Coupled with our strong London-based retrocession and property specialty team, led by Matt Foreman and the support of Bob Bisset, who recently joined Lockton Re as Chairman for Lockton Re Bermuda, we have created a truly world class team,” he said.

Keith Harrison, Lockton Re’s international CEO, said Davies “will oversee the development of our Bermuda expansion and connectivity, enhancing Lockton Re’s capabilities for both production and marketing of global retrocession, ILW’s, property and casualty and specialty lines. ”

Nick Durant, Lockton Re’s North American CEO, said: “Across Lockton Re we are finding our clear focus on building a great culture, creating industry leading tools and capabilities, and hiring the best people is resonating with clients and supporting our continued growth.”

Lockton Re also hired Tom Parcell in February as chief broking officer, while Vittoria Canale joined last year as operations executive. Tucker Moore joined in April as a broker.

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