Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce that James Stephens has joined the business in a new role as Head of Crisis Management based in Lockton Re’s London office.
Tom Meyer, Head of Specialty, Lockton Re, said “We are delighted James has joined Lockton Re supporting our drive to provide clients with valuable insights and unparalleled service driven by deep expertise, a collaborative global approach and leading-edge digital data, and analytic tools. 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 brings over 35 years of experience as a reinsurance intermediary to Lockton Re as a well-known and respected figure in the London reinsurance market. He joins from Guy Carpenter, where he served as a Managing Director for Non-Marine Specialties having joined there from JLT Re as part of the Marsh acquisition of JLT. Prior to that he was an Executive Director at Towers Watson.
Commenting on his appointment, James 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, concludes, “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”.