Lockton Re is moving to deepen its Bermuda bench before the January 1 renewal season, appointing Jeremy England Lee (pictured) as chairman of its Bermuda office in what the firm describes as the first in a planned series of senior investments in the island operation.
England Lee has worked within Lockton Re’s non-marine retrocession and property specialty division since June 2021, supporting the build-out of a team that operates across London, Bermuda, and the US. His relocation to Hamilton, subject to regulatory approvals and expected in early 2027, shifts one of the division’s senior figures into the market where retrocession and industry loss warranty trading is most concentrated.
Tim Gardner, global CEO of Lockton Re, said the timing was deliberate. “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,” he said. Gardner added that further announcements relating to the Bermuda office would follow in the coming weeks and months.
Lockton Re opened its Bermuda office in June 2021, describing the island as “an immensely important reinsurance hub” and its twelfth global loca...