Lockton Re bolsters capital division with key appointment for Lloyd's

Lockton Re bolsters capital division with key appointment for Lloyd’s | Insurance Business Asia

Reinsurance

Lockton Re bolsters capital division with key appointment for Lloyd’s

He will work closely with the global capital markets team

Reinsurance

By
Kenneth Araullo

Lockton Re has announced that James Mackay (pictured above) has joined the company as head of Lloyd’s Capital, based in London.

Mackay joins Lockton Re from Aon, where he served as head of Lloyd’s relationships and executive director of Aon Securities. With over 30 years of market experience, Mackay began his career at Argenta Private Capital and later moved to Argenta Holdings as business development director.

Robert Bisset, chairman of global retrocession & property specialty, Bermuda, and market capital, remarked that Mackay is an “excellent hire” for Lockton Re, enhancing the firm’s expertise in capital solutions.

“James has a phenomenal reputation in Lloyd’s and the London Market and will be a great fit for our dynamic culture as well as our focus on providing intelligent advice and thoughtful counsel to clients and markets. We continue to grow the depth and breadth of our teams by selecting specific talent to further our focus on clients, markets and colleagues,” Bisset said.

Commenting on his new role, Mackay expressed excitement about joining Lockton Re, highlighting the Lloyd’s market’s exceptional returns for capital providers.

“Lockton Re’s independence coupled with its unique culture will translate into market beating success for our clients and markets,” he said.

Bisset added that Mackay will work closely with David Reames and the global capital markets team to offer a comprehensive range of capital solutions to clients.

“As the expanded Lockton Re gets close to celebrating 5 years, we could not be happier with the progress we have made as a business, the excellent work we have undertaken for our clients and the global team we have built of outstanding expertise,” Bisset said.

Last month, the reinsurance broker also announced the appointment of Peter Robinson as senior broker for its accident, health, and life team, under the direction of Rob Kreager, segment leader.

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