Lockton Re: Creating Choice in Reinsurance with Talent, Analytics, Relationships
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In March 2019, independent broker Lockton, sensing that a consolidating reinsurance market was lacking choice, made a major commitment to globally expand its reinsurance operations. Since then it has attracted a roster of talent with considerable experience. Two of these Lockton experts, Tim Gardner and Ross Howard, are well known in reinsurance circles. Gardner is today the global CEO of Lockton Re and Howard is global chairman. They see Lockton Re on the road to becoming the third largest reinsurance broker. Here Gardner from the U.S. and Howard from London talk about Lockton Re's approach to creating choice, the difference experienced talent and state-of-the-art analytics make, the effect of the pandemic, and how this hard market differs from others.