Global reinsurance broker Lockton Re, part of the independent Lockton broking group, has announced the hiring of retrocession specialist broker Jeremy England Lee from rival Aon.
It’s the latest senior hire to Lockton Re’s global retrocessional reinsurance and specialty property practice, as the company continues to attract new talent and poach senior brokers from competitors such as Aon.
Recently, Lockton Re confirmed Jonathan (Jonty) Davies as CEO of its newly launched Bermuda office and Bob Bisset as its new Chairman, Global Retrocession & Property Specialty, Bermuda and Market Capital.
Jeremy England Lee has now joined Lockton Re’s Non Marine Retrocession and Property Specialty Division in London.
Keith Harrison, International CEO, Lockton Re, commented on the hire, “We are delighted to welcome Jez to Lockton Re. The development of our global Retrocessional capabilities with such great talent is proof of the dynamic platform we are building and its attractiveness to colleagues and clients. Jeremy brings extensive experience, having successfully navigated buyers through multiple market cycles and challenges. His understanding of the many nuances of the market make him a terrific addition to the Lockton Re client offering.”
England Lee has more than four decades of industry experience, with a specialism in retro reinsurance broking developed during his career.
His career began in 1978 at Lloyd’s D.E. Harman Syndicate, before moving to Bowring which later became Carpenter Bowring, holding key positions in Facultative, North American Treaty and Retrocession.
He then joined Benfield in 1996 as a Director for Retrocession and was most recently part of Aon’s Global Re Speciality team as a Managing Director.
Matt Foreman, Head of Non-Marine Retrocession and Property Specialty, Lockton Re in London, added, “What a great time for Jez to join Lockton Re, with our focus on exceptional client service and fierce independence, he is an industry heavy weight who will be a fantastic asset to our capabilities.”
Robert Bisset, Chairman, Global Retrocession & Property Speciality, Bermuda and Market Capital, Lockton Re, also said, “Jez brings deep expertise in Retrocession and London Market Property combined with an excellent market reputation and wide ranging relationships. Whilst Jeremy will be based in London he will also be highly engaged in advising retrocessional clients around the globe, and working with colleagues in Bermuda and the USA.”