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Lockton Re selects new senior broker

Lockton Re selects new senior broker | Insurance Business UK

Lockton Re selects new senior broker

Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, has announced the appointment of Kathy McCann as senior broker. In her new role, McCann will focus on property business across various segments, including retrocession.

“Kathy is a widely recognised industry figure in the global reinsurance market, and we could not be more pleased she has joined the team,” said Nick Durant, North America CEO for Lockton Re. “Lockton Re’s ability to attract such exceptional talent over the last few years is a reflection on the collaborative and empowering platform we are building and how exciting it is for both our colleagues and clients alike.

“Our strategy has been to target clients in a number of different areas – regionals, mutuals, globals and syndicates – and over the last 12 months we have seen growth in all of these, but particularly with our global clients. Kathy’s experience in working with some of the most complex global reinsurance buyers means she is able to support exceptional service in any of our client groups.”

Prior to joining Lockton Re, McCann served as a managing director for Guy Carpenter. She also served as a branch manager in Guy Carpenter’s Boston office and as an account executive for regional and national P&C companies. She was also a senior leader in Guy Carpenter’s retrocessional business. Before that, she was a senior vice president at Benfield.

“This is an exciting next step in my career, and I am delighted to be working with such a dynamic and enthusiastic team,” McCann said. “Lockton Re is a modern, collaborative and digitally focused reinsurance broker providing for current and future client needs. I could not be more pleased to be part of this growth story.”

“We continue to build on the exceptional expertise and capabilities we have as part of our global platform, and Kathy is a great example of the market-leading talent that drives the collaborative focus of our culture,” said Tim Gardner, global CEO of Lockton Re. “I am as excited to work with Kathy as I know Lockton Re clients will be, and I know she will be a terrific asset to our expanding platform.”