Lockton Re, the reinsurance arm of the privately owned independent insurance broker, has announced the appointment of James Stephens as Head of Crisis Management in its London office.
“James has strong client advocacy experience across most Property & Specialty areas as well as Cyber with particular expertise in Crisis Management lines, especially Terrorism & Political Violence, Entertainment & Contingency, SRCC, Kidnap & Ransom and Product Recall. The creation of this role is a direct result of the growing demand we are seeing from clients and markets.”
Stephens joins Lockton Re with more than 35 years of experience as a reinsurance intermediary and is a recognized figure in the London reinsurance market. He previously worked at Guy Carpenter as Managing Director for Non-Marine Specialties, having moved there through Marsh’s acquisition of JLT Re, and earlier held the role of Executive Director at Towers Watson.
Stephens said: “I’m excited to join the Lockton Re platform which has seen impressive growth and success over the last five years attracting a high calibre of clients and colleagues with a continued focus on exceptional service and
sustained expansion. My focus on innovation and value is a great fit for the business.”
Keith Harrison, International CEO, Lockton Re, said: “We look forward to welcoming James to the business with his unparalleled reputation for driving the best outcomes on behalf of London, International and Global clients.
“We have a substantial Crisis Management Client base and with Geopolitics as they are right now, we see a lot of opportunity to bring deep seated expertise and valuable insights to our clients as they look for risk transfer advice and solutions in an ever-changing world.
“This is another exciting and impressive hire for Lockton Re, aligning with our commitment to providing market leading advice and building a culture that supports our clients and markets, and our colleagues.”
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