Reinsurance broker Lockton Re has launched a new European business focused on the life reinsurance market, appointing Paris-based Mederic Borde to lead the business.
The new European life business strengthens the company’s presence in France and Europe, following the opening of a Paris office earlier this year.
Borde joins Onepoint from a partner role and brings experience from KPMG, Towers Watson and MACIF.
Keith Harrison, CEO of Lockton Re International, commented: “We opened our Paris office in April this year and, led by the highly regarded and experienced trio of Michel Fontaine as CEO, Jean-Francois Delon as Chairman and Fabien Ramaharobandro as CTO, we have attracted a very strong and talented team of professionals from the French brokerage market, creating a team that currently has 11 brokers and analytics professionals focused on Specialty and P&C.
“Mederic will become our 12th team member in Paris and will lead our new life reinsurance business in Europe and bring a wealth of expertise in capital management.”
Michel Fontaine, CEO of Lockton Re Paris, added: “We are delighted to welcome Mederic to the Lockton Re Paris team. Together with Lockton Re’s global reinsurance, capital markets, capital advisory and professional-grade capabilities, this expansion will enable us to offer a suite of world-class reinsurance expertise and capital-related solutions to clients in France and continental Europe. The life insurance industry in France is important and we are keen to work with clients and prospects to help them manage their strategy and capital in this area.” Mederic He brings a wealth of expertise and is widely recognized in the European market, making him a perfect fit for Lockton Re.”
Tim Gardner, global CEO of Lockton Re, said: “France is another exciting and significant investment for Lockton Re. We are very excited about the great talent we have attracted in Paris and Mederic is another high-quality addition to our team. We are delighted to welcome our colleagues in Paris and like the opportunities that lie ahead for them, our clients and reinsurers in a market where the level of reinsurance broker selection is not as high as in other parts of the world.”
