Lockton Re names Jeremy England Lee as Bermuda chairman

Lockton Re has appointed Jeremy England Lee as chairman of its Bermuda business, a newly created role that marks the first step in the reinsurance broker’s plans to expand its presence on island.

England joined Lockton Re’s non-marine retrocession and property specialty division in June 2021. He has nearly five decades of industry experience, having started his career at Lloyd’s DE Harman Syndicate in 1978. He later held roles at CT Bowring, Carpenter Bowring, Benfield and Aon before joining Lockton Re. He is expected to relocate to Bermuda early next year.

Tim Gardner, global CEO of Lockton Re, said: “Jez is the perfect candidate for this newly created role. He is already well known in Bermuda and has been a champion of the unique culture of collaboration at Lockton Re for many years. We appreciate the opportunity that persists in Bermuda and we are committed to ensuring that we have the right leadership and team to support the multi-faceted opportunity on the Island. This new role is the first step in our investment plans and key appointments for Lockton Re Bermuda as we support clients through another busy January 1st renewal. I am incredibly proud of the strength and momentum of Lockton Re, and Bermuda continues to be a vital geography for our continued success.”

England Lee said: “The prospect of building on the time I have spent with the team in Bermuda and working even more closely with colleagues visiting the Island and other team members including Partners based there; Tom Parcell and Ben Ryan, is both exciting and motivating. I look forward to expanding our support for on-Island business and global clients, as we deliver on our planned investment and focus on this key Lockton Re hub that connects many of our capabilities and areas of expertise.”

Matt Foreman, head of non-marine retrocession and property specialty at Lockton Re, said: “Jez has a significant market profile and a proven track record of producing, placing and servicing some of the largest global clients. With over 45 years of market experience, he combines this with a strong focus on collaboration and talent development. He has been instrumental in shaping our non-marine retrocession and property specialty capabilities and building our broad portfolio since joining Lockton Re over five years ago.”

Did you get value from this story? Sign up to our free newsletters and get stories like this sent straight to your inbox.