Guy Carpenter Heavyweights To Boost Lockton's Reinsurance Business

Lockton has recruited Guy Carpenter heavyweights to form the leadership team for Lockton Global Re, its new global reinsurance business.

Based in New York, the new leadership team includes Tim Gardner, current CEO of North America operations for Guy Carpenter; Claude Yoder, current managing director and global chief innovation and product development officer for Guy Carpenter; and Nick Durant, current managing director for Guy Carpenter. 

Lockton Global Re will incorporate Lockton's existing reinsurance capabilities (Lockton Re US, LLC, and Lockton Re UK, LLP) and take in its London-based specialty team.

Lockton said it aims to attract "the best" global talent and will build out its data analytics and technology platforms.

"By adding this outstanding, experienced, and innovative leadership team, Lockton is going all in on reinsurance," said Ron Lockton, president and CEO of Lockton, Inc. "We are filling a void in the marketplace, building our platform the right way by focusing on value creation for our clients. With encouragement from our key trading partners, who hunger for choice and innovation, we make this commitment to the reinsurance space."

Mr. Gardener most recently served as CEO of North American operations for Guy Carpenter. Before that, Mr. Gardner served as head of sales for the international division at Marsh. Prior to that role, he was global leader of the Marsh risk management segment and, before that, served as chief operating officer for Marsh's US and Canada divisions. He also held several high-profile positions at Guy Carpenter including global sales leader and global property specialty leader.