Lockton Re boosts client development with GuyCarp senior hire

Lockton Re, the global reinsurance business of independent insurance broker  Lockton, has hired a senior industry player to boost client development in its property business, including retrocession.

Kathy McCann, who most recently held the post of managing director at Guy Carpenter, has joined  Lockton Re as a senior broker.

At her previous company she also held the post of branch manager at GuyCarp’s Boston office and was an account executive for regional and national P&C companies. McCann’s experience also included working as a senior leader with the broker’s global retrocessional business. Before joining GuyCarp, she was a senior vice president at Benfield, now Aon.

In addition to working in Boston, she has worked in New York, London, and San Francisco. She is the recipient of Intelligent Insurers Influential Women in Re/Insurance and was named a Woman to Watch by Business Insurance.

Nick Durant, North America CEO at  Lockton Re, said: “Kathy is a widely recognised industry figure in the global reinsurance market, and we could not be more pleased she has joined the team.

“ Lockton Re’s ability to attract such exceptional talent over the last few years is a reflection on the collaborative and empowering platform we are building and how exciting it is for both our colleagues and clients alike.”

He said the business’ strategy has been to target clients in a number of different areas - regionals, mutuals, globals and syndicates. “Over the last 12 months we have seen growth in all of these but particularly with our global clients. Kathy’s experience in working with some of the most complex global reinsurance buyers means she is able to support exceptional service in any of our client groups”.

McCann said: “This is an exciting next step in my career, and I am delighted to be working with such a dynamic and enthusiastic team.  Lockton Re is a modern, collaborative and digitally focused reinsurance broker providing for current and future client needs. I could not be more pleased to be part of this growth story.”

Tim Gardner, global CEO at  Lockton Re, added: “We continue to build on the exceptional expertise and capabilities we have as part of our global platform, and Kathy is a great example of the market leading talent that drives the collaborative focus of our culture. I am as excited to work with Kathy as I know  Lockton Re clients will be; and know she will be a terrific asset to our expanding platform.”

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.