Lockton Re hires Willis Re exec as managing director in US

Lockton Re, the reinsurance intermediary business of Lockton, has hired Charles LaLone as managing director in the US.

He joins Lockton Re from Willis Re, where he was an executive vice president and led the professional and financial lines business segment. Prior to joining Willis Re in 2004, he was the directors and officers (D&O) practice leader at Guy Carpenter.

In his new role, LaLone will have responsibilities for Lockton Re's advisory and treaty placement capabilities and leadership responsibilities for enhancing client relationships. He will be based in Lockton’s Philadelphia office.

"We are extremely happy to have Chip join our team at Lockton Re,” said Brian Cole, Lockton Re managing director and US team leader. “His proven track record as an innovative leader in the reinsurance marketplace will enhance our abilities to provide unique and creative solutions for our clients. Chip brings a wealth of talent and experience which will enable us to continue to build upon our successes.”

LaLone commented: "I am excited to be joining Lockton, an exceptional company and growth story, defined by its reputation as a leader in helping clients manage risk and grow their businesses. I look forward to assisting and offering my experience and perspectives to the talented Lockton Re global team, both in the US and London. I welcome the opportunity to contribute to Lockton Re's growth through thought leadership in reinsurance solutions and market making placements."