A veteran of the Bermuda and London re/insurance markets is to join Lockton Re as a senior broker within the non-marine retrocession and property specialty team.

The company said Simon Moore has nearly 30 years of market experience. He started his career working at a number of Lloyd’s Syndicates before moving to Aon in 2002 as a loss modelling analyst and account manager for North American property treaty.

Mr Moore then spent time at Gallagher Re in London and Bermuda, subsequently becoming a broker at Aon Benfield on the island. In 2015, he moved to Markel CatCo as a senior underwriter and most recently was chief underwriting officer of CatCo’s investment management in Bermuda.

Mr Moore, who is to join Lockton Re in October, will work in the company’s London office.

Matt Foreman, head of non-marine retrocession and property specialty at Lockton Re in London, said: “Simon will be a great addition to our expanding global presence in the retrocession marketplace. His wealth of experience across both broking and underwriting will enhance our holistic offering to clients.

He added: “Simon’s analytical approach, experience within ILS and strong relationships will be a huge asset as we seek to bring innovative structures and solutions to clients. We very much look forward to welcoming Simon to Lockton Re in the third quarter of 2021.”

Keith Harrison, International CEO, Lockton Re, said: “Our global retrocessional capability continues to expand reflecting our growing client base and their needs. Simon is a fantastic addition to both the team and Lockton Re as a whole as he shares our collaborative ethos and enthusiasm for putting clients first. His ability to combine a global perspective with on the ground London and Bermuda relationships and knowledge will be invaluable.”

Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, earlier this week announced the hiring of Thomas Parcell to the position of chief broking officer at its new Bermuda platform.