Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce the launch of a new Lockton Re (opens a new window) operation in Dubai which will be led by Gerard Monayer as CEO, Lockton Re, MENA.
Keith Harrison, International CEO, Lockton Re, said “This new operation is a scaling up of the Lockton MENA Treaty team bringing together the local expertise and experience of best-in-class colleagues based in Dubai with global analytics, a full suite of class capabilities, and capital solutions along with global market reach so we can provide exceptional service and advice across the MENA region. This is an exciting opportunity, and we are delighted to be welcoming Gerard and the team to Lockton Re”.
Commenting on the launch, Ata Khatib, Chairman, Lockton MENA, said, “Lockton Re’s presence in the region reflects both our sustained investment and strong commitment to MENA. Our growth ambitions are focused on delivering greater value to our partners and introducing innovative solutions. The transition of the Lockton MENA Treaty team, led by Gerard, to Lockton Re marks a natural and exciting evolution, further strengthening our Treaty offering”.
Gerard Monayer, CEO, Lockton Re, MENA, said, “This investment represents the natural progression of the strong working relationship we have built with Lockton Re over the past few years and responds to the region’s growing demand for advanced reinsurance capabilities and analytics in a fast evolving reinsurance landscape. With Lockton Re’s global expertise and proprietary tools, we can deliver deeper insights, innovative risk solutions, and greater value for our clients”.
Tim Gardner, Global CEO, Lockton Re concludes, “Lockton Re, MENA is another significant area of investment for Lockton Re as we continue to expand our platform globally to meet client needs around the world. This is our 23rd global location with a high calibre of talent that fits perfectly with our culture. We will continue to invest in both our team there and the scope of the offering they will provide to meet the needs of clients and partners in the MENA region today and into the future”.
For further information please contact:
Isabella Gaster
Global Head of Marketing, Lockton Re
Direct Tel: +44 (0)7795 400981
Email: Isabella.Gaster@Lockton.com
Elizabeth Kroh
Head of Marketing, North America Lockton Re
Direct Tel: +1 445 248 2228
Email: Elizabeth.Kroh@Lockton.com