Lockton Re looks to Aon for retro and property specialty leader

Lockton Re, the reinsurance arm of broker Lockton, has appointed Matt Foreman as head of the non marine retrocession and property specialty division in London.

Foreman was most recently head of London Market, non marine within the global ReSpecialty division of Aon’s Reinsurance Solutions, having joined the company in 2012.

Keith Harrison, Lockton Re's international CEO, said: “We’re delighted to have Matt join. Not only does he bring deep expertise in Retrocession and London Market Property but he also brings tremendous energy and a forward thinking approach to the business as well as a great cultural fit for what we are building at Lockton Re. Whilst Matt 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.”

Nick Durant, Lockton Re's USA CEO, added: “The development of our global Retrocessional capabilities with world class talent is another piece of our expanding offering to clients and prospects. Because we are building a truly global business, with no internal silos, we can create collaborative teams that work seamlessly across the Atlantic to provide the best possible outcomes to clients. We are very excited that Matt has joined Lockton Re in London and look forward to working with him.”

Foreman commented: “What a great time to join the Lockton Re platform with its focus on broking and technical expertise, digital technology and a collaborative client first ethos. I am hugely excited about joining the industry leading talent at Lockton Re and contributing to the value that Lockton Re’s differentiated approach can bring to clients.”