Lockton Re, the reinsurance arm of Lockton, has appointed Robert Bisset as CEO of North America and Nick Durant as Global Vice Chairman.
Bisset joined Lockton Re in 2021 as Chairman of Global Retrocession & Property Specialty, Bermuda and Market Capital, and a member of Lockton Re’s Global Executive Committee. Since then, he has established these areas to support the rollout of new practices and features, the company said.
In his new role, Bisset will continue to leverage his relationships in North America and global markets to support Lockton Re’s next phase of North American growth.
Durant, meanwhile, was part of the small founding group that launched Lockton Re in North America in 2019.
He joined as CEO of North America and a member of the Global Executive Committee, overseeing the region’s rapid growth from inception to more than 200 colleagues across 11 offices over the past six years.
In his new role as Global Vice Chairman, Durant will focus on capital solutions, global account growth and the development of emerging global market segments.
Both roles are effective from February 1 this year.
Tim Gardner, global CEO of Lockton Re, commented: “These leadership changes position us well into 2026 and for many years to come, supporting Lockton Re’s strategic ambitions as we expand our North American business and our international operations, which will still be led by International CEO Keith Harrison.
“Bob and Nick have been critical to the establishment of our business and the growth we have achieved to date as a global platform. I’m excited for the opportunity for them to expand their roles, working with more customers, markets and colleagues, as we continue to focus on growing the capabilities we offer and the number of customers we support.
“We continue to exceed our expectations and have more than 500 colleagues across 23 locations around the world. These appointments mark a new phase of growth and success for Lockton Re.”
Gardner concluded: “At the heart of Lockton Re is our collaborative culture and drive to deploy the right people to each client every day. Bob and Nick exemplify this drive, and I’m extremely excited to see them succeed and contribute in these new roles.”
