Lockton Re

Willis Re gets revenge with Lockton Re casualty swoop

Willis Re has swooped on rival Lockton Re’s London-based casualty unit including the hire of team head James Moss and program specialist Daniel Galbraith.

Revenge is a dish best served cold

Does anything taste better than a cold dish of revenge?

Guy Carp resolves dispute with Lockton Re defectors

Guy Carpenter and three executives that left the reinsurance broker last year to join Lockton Re have reached a settlement in the litigation over the defections.

Guy Carpenter says close to resolving dispute with Lockton Re defectors

Guy Carpenter is close to resolving its dispute with three executives that left to launch the Lockton Global Re platform, according to a letter filed with the court yesterday (4 December).

Resolution in Guy Carp-Lockton dispute looks close after talks extended

An update in Guy Carpenter’s dispute with three executives that left to launch the Lockton Global Re platform suggests meaningful progress has been made towards resolution.

JLT Re Harrison teams reappear in new Lockton Re units

The US-facing JLT Re London teams that left the firm earlier this year following its parent’s acquisition by MMC have re-emerged at two newly created units within Lockton Re’s UK business and have started to win mandates, The Insurer can reveal.

Lockton Re restructures UK operations as JLT Re teams join

Lockton’s London-based reinsurance arm Lockton Re UK is embarking on a major operational restructure which will see former JLT Re senior management assume control of the 70-strong division as part of a major refocus on reinsurance for the privately-owned US broking group, The Insurer can reveal.

Lockton Re confirms former JLT Re partners Mills and Howard will join healthcare team

Lockton Re has confirmed the addition of Simon Mills and Fraser Howard to its global healthcare team, as the broker targets “ambitious global expansion” in the sector.

Braithwaite leaves Willis Re for Lockton Global Re

Lockton Global Re is set to add to its growing US platform with the hiring of Willis Re executive vice president Mark Braithwaite, The Insurer can reveal.

Guy Carpenter claims new “troubling conduct” in dispute with Lockton trio

Guy Carpenter has claimed it has uncovered conduct by three executives that left to join Lockton Re that may violate their temporary restraining order or restrictive covenant agreements.

Lockton Re trio argues Guy Carp’s claims not valid in new filing

Three Lockton Re executives have made a new filing in their dispute with Guy Carpenter, saying their former employer’s claims of violations of their fiduciary duties and restrictive covenant agreements (RCAs) are “an illegitimate attempt to stifle fair competition”.

Guy Carp demands trial in Lockton defectors case

Guy Carpenter and Marsh & McLennan Companies (MMC) have filed an amended complaint in their dispute with former executives Tim Gardner, Nick Durant and Claude Yoder, demanding a trial over their defections to Lockton Re.

Lockton Re execs seek to have bulk of GC complaint dismissed

Lockton Re executives Tim Gardner, Nick Durant and Claude Yoder have filed a motion in New York to have counts brought against them by their former employer Guy Carpenter alleging client solicitation and breach of fiduciary duties dismissed.

Lockton defectors ask to discuss resolution of Guy Carpenter’s suit

Timothy Gardner, Nicholas Durant and Claude Yoder have asked for discussions with Marsh & McLennan Companies (MMC) and Guy Carpenter to resolve the lawsuits against them over their defection to Lockton.

Guy Carp claims Lockton trio “began a full-on assault” on its brokers

Guy Carpenter claims that the trio of its executives that joined Lockton last month have solicited two Guy Carpenter executives as well as a substantial client since they left the Marsh & McLennan Companies (MMC) subsidiary.

Lockton to contest Guy Carpenter and MMC legal action against trio

Lockton is to contest the legal action launched by Guy Carpenter and Marsh & McLennan Companies (MMC) in New York’s Southern District Court against three former Guy Carpenter executives who recently moved to Lockton Re.

Lockton generates 11% organic growth in the US

Lockton reported strong organic growth in the US and internationally for the fiscal year ending 30 April 2019 and said the move to build out its reinsurance platform will provide further fuel for top line expansion.

Three JLT Re partners resign in London

A trio of partners from JLT Re’s North America team in London – Simon Mills, Fraser Howard and Tim Jacobs – have resigned and are linked with a move to join Keith Harrison at Lockton Re, The Insurer understands.