Ed appoints new divisional director in professional and executive risk team

Ed appoints new divisional director in professional and executive risk team | Insurance Business

Ed appoints new divisional director in professional and executive risk team

Specialty broker Ed has appointed Michael Lock (pictured) as a new divisional director in its professional and executive risk team, effective immediately.

Lock is a Big 4 qualified chartered accountant with over 10 years of transactions experience, including five years of experience in investing either directly for private equity funds or as part of buy and build programmes for their portfolio companies.

In his new role, Lock will report to transactional risk head Niraj Perera and provide support in offering insurance solutions for M&A transactions, including warranty and indemnity, tax liability, and contingent liability.

Perera commented: “Michael’s appointment closely follows the arrival of Robert Coward and provides evidence of Ed’s continued expansion of our bespoke transactional risks offering. Despite the current economic climate, Ed has a strong focus on the M&A market, and continuing to hire and invest in the best industry talent means that we can provide top-tier support and advice to our clients.

“Michael’s UK and international investment expertise and experience working on M&A transactions will be an asset to our team as we deliver specialty solutions to our private equity, legal, and corporate clients.”