Lockton Re, the reinsurance broking business of independent insurance broker Lockton, has appointed Jeremy (Jez) England Lee as Chairman of Lockton Re Bermuda to build out senior capabilities in the Bermuda office.
The appointment is subject to appropriate approvals, while England Lee is expected to relocate in early 2027.
He joined Lockton Re’s Non-Marine Retrocession and Property Specialty division in June 2021, and assisted in building the division, which now operates as a unified and global team across London, Bermuda, and the US.
England Lee has nearly five decades of industry experience, having started his career in 1978 at Lloyd’s D.E. Harman Syndicate.
He later went on to serve at CT Bowring, which later became Carpenter Bowring, holding senior positions in Facultative, North American Treaty and Retrocession, before joining Benfield as a Director in 1996. He later became part of the Global Re Specialty team at Aon.
Tim Gardner, Global Chief Executive Officer, Lockton Re, commented on the appointment, “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, Lockton Re, added, “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. His experience, skillset and network position us well as we build on our global momentum across all lines of business to compound our position in Bermuda. We are excited to see Jez succeed in this newly created role, helping to drive growth alongside our current partners and leaders within the office.”
