Lockton taps Willis for marine and energy reinsurance expansion

Insurance broker Lockton has appointed Jerry Ridge as global head of marine and energy reinsurance.

Ridge joins Lockton from Willis Re where he was chairman of global specialty. Prior to this, he held previous positions as co-CEO of Willis Re specialty and managing director of Willis Re global marine and energy.

Ridge will be joined by Jennifer Jones from Willis Re, where she was executive director. Additional members of Lockton’s marine and energy reinsurance team will be announced shortly.

Neil Nimmo, CEO of Lockton International commented: “We’re making great strides in building a world-class marine and energy reinsurance team, and we’re delighted to welcome Jerry on board to lead that business unit through its next stage of growth.

“Jerry brings close to four decades worth of experience within the marine and energy reinsurance market which, combined with Lockton’s dynamic and innovative approach, will allow us to offer our clients a truly differentiated broking service.”

Ridge added: “I’m delighted to be joining Lockton at such an important juncture in the development of its reinsurance business and look forward to building out the business’ proposition in the marine and energy sector.

“By placing an unrivaled level of emphasis on client service, Lockton is bringing a fresh approach to the marine and energy reinsurance market. We’re in the perfect position to challenge the more established players with a culture of ‘broking done differently’ that places clients and their needs front and centre,” Ridge said.

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