Lockton, the world’s largest independent insurance broker, today announces the appointment of Tom Rowley as the Europe division’s new Head of North American Property, based in London.
He takes up his role with immediate effect and will be responsible for driving forward the North American Property team in London, focusing on delivering the best possible risk solutions for clients. He will work in conjunction with Lockton’s US and Canadian retail partners, as well as in close collaboration with the Lockton US Property Practice, led by Mike Andler in New York. He will also become a member of the P&C Specialties Executive Committee.
Rowley brings over 20 years of experience to the role, joining after five years at WTW, where he started as a development leader, before becoming Head of North American Property at the broker. Prior to that, he spent just over 16 years at Brit Insurance in a number of underwriting roles, including short-tail portfolio director, divisional director for property PRV and class underwriter for open market property. Rowley began his career at Denham Syndicate Management in 1999 as an assistant underwriter.
Following Tom’s appointment, Adam Watson will be promoted from the existing Head of North American Property into the newly created role of Production Leader for P&C Specialties. This role will be to lead and execute the P&C Specialties global production strategy, as well as drive forward key growth initiatives and new product development.
Both Tom and Adam will report to Simon Scholfield, Head of P&C Specialties.
The appointment comes after the Lockton’s P&C division announced the arrival of Clarissa Franks from Marsh as its Head of UK P&C Retail in November.
Commenting, EJ Hentenaar, CEO of Lockton Europe, said: “I am really excited about Tom joining the team and bringing his wealth of experience, technical skills and expertise to Lockton. Our continued investment in exceptional talent enhances our ability to deliver the best possible risk solutions to our clients. Tom’s leadership experience, and unrelenting focus on client service, is the perfect fit for Lockton.”
Tom Rowley added: “As the world grapples with the impacts of a changing climate, the North American property market is growing more specialist every day, and clients increasingly require new solutions which meet the challenges they are facing now. To bring those solutions to market requires a flexible and dynamic approach, which is what attracted me to Lockton as an independent and nimble business. I’m thoroughly looking forward to being a part of the highly skilled team at Lockton and building on the significant success its P&C Specialties team has earned over the years.”
Lockton was named as one of the UK’s top 50 best large companies to work for in 2022, according to the Sunday Times’ annual “Best Companies” survey (opens a new window). The same survey ranked Lockton as one of the insurance sector’s top five best companies for work for. In addition, Lockton was given a Three Star Accreditation, the highest rating, representing “world class levels of workplace engagement” with its Associates.