Lockton Re swoops on rival Guy Carpenter to expand North America unit

Lockton Re, the global reinsurance business of broker  Lockton, has tapped a senior broker from rival Guy Carpenter to further expand its capabilities in North America.

James Donnelly (pictured) has joined as a senior broker in  Lockton Re’s accident, health & life segment, which was launched at the start of the year under the leadership of Rob Kreager.

Donnelly has experience in both broking and underwriting. He was most recently part of the life, accident & health team at Guy Carpenter and has also spent time at Aon as an associate director. Before that he spent time at Euler Hermes and IHC Risk Solutions in underwriter roles.

He will be based in New York working across the whole of North America as well working with global clients and opportunities.

Kreager, accident, health & life leader of  Lockton Re, said: “I am thrilled to have James join  Lockton Re’s Accident Health and Life team. He brings tremendous energy as well as unique product expertise within the medical reinsurance space. I look forward to having James be a cornerstone of our team’s rapid success in one of the fastest growing industry segments.”

Nick Durant, North America CEO of  Lockton Re, added: “Rob has made great inroads into this market since we launched this segment at the start of the year and James will be an excellent addition to this growing capability. As we continue to grow in North America, the calibre and energy of our collaborative team gives me real pride and I know is delivering great service and expertise to our client base.

“James is another outstanding hire who shares the drive and determination that is making  Lockton Re stand out from the competition. I look forward to working with him and welcoming him to the business.”

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