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9 August 2021Insurance

Lockton Re swoops on Guy Carpenter to expand global fac practice

Lockton Re, the global reinsurance business of broker  Lockton, has hired a senior  Guy Carpenter executive to expand its facultative practice in North American and globally.

Rob McNamara has joined the company as North American facultative leader.

He was most recently a managing director at Guy Carpenter within its facultative practice, leading its Chicago, Hartford, West Coast and construction property facultative operations. McNamara joined the reinsurance business in 1987 as a facultative underwriter and moved into reinsurance broking in 2003.

“Rob will amplify and strengthen our North American and global Facultative capabilities," said Jeff Fleming, partner at Lockton Re. "Rob brings additional drive and focus to this key segment for Lockton Re. Through our continued build-out, we are leading with analytics, technology, empowerment and putting our clients and colleagues at the forefront of everything we do."

Nick Durant, North America CEO of Lockton Re, added: “Rob will be a great addition to our expanding global presence in the Facultative marketplace with a clear focus on North American clients and opportunities. He brings an outstanding reputation, wealth of experience and strong relationships, which will all be a huge asset as we seek to bring innovative structures and solutions to clients. Rob is a great fit for our dynamic culture, his collaborative nature and transactional skills are a fantastic addition as we continue to grow. We look forward to working with Rob”.

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