Lockton Re has announced two leadership appointments set to take effect Feb. 1, with Robert Bisset (pictured above, left) assuming the role of CEO for North America and Nick Durant (pictured above, right) stepping into the position of global vice chairman.
The reinsurance arm of the world's largest privately held independent insurance broker said the moves are aimed at supporting continued expansion across both its North American and international operations.
Tim Gardner, global CEO of Lockton Re, said the leadership changes "position us well for an exceptional 2026, and many more years to come." He noted that both Bisset and Durant have been central to the firm's establishment and growth as a global platform.
Gardner added that the company has grown to more than 500 employees across 23 locations worldwide, describing the appointments as marking "a new phase of growth and success for Lockton Re."
Bisset joined Lockton Re in 2021 as chairman of global retrocession and property specialty, Bermuda and market capital. With three decades of industry experience spanning the US, Sydney, Bermuda and London, he has led the development of several new practices during his tenure.
Durant was among the founding members who launched Lockton Re's North American operations in 2019. Under his leadership over the past six years, the region grew to include more than 200 employees and 11 offices. His new role will focus on capital solutions, global account growth and emerging global segments.
Keith Harrison continues to lead the international business as international CEO.
The appointments follow a period of expansion for Lockton Re. In December, the firm launched London North America Portfolio Solutions (LNAPS), a division focused on securing capacity from London and international carriers for North American MGA business.
The unit is led by Henrietta Butcher and is intended to complement Lockton Re's US Portfolio Solutions operation.
The firm also expanded its Paris office by hiring Médéric Borde to lead a new European life reinsurance practice. Gardner cited opportunities in a market that, in his view, "hasn't had the level of reinsurance broker choice that exists in some other parts of the world."
