Lockton Re launches portfolio solutions for MGAs and programs

Innovative solutions integrate expertise with analytics and modeling

Lockton Re launches portfolio solutions for MGAs and programs

Reinsurance

By Kenneth Araullo

Lockton Re has introduced Lockton Re Portfolio Solutions, a new business segment focused on programs and managing general agents (MGAs) in the US.

The company noted that the launch is part of Lockton Re's strategy to enhance its services and address evolving market needs.

Jeff Fleming (pictured above), leader of Lockton Re Portfolio Solutions, described the new segment as a consolidation of expertise within the programs and MGA space into a unified team.

“We are thrilled to introduce Lockton Re Portfolio Solutions to the market. This newly created segment combines our existing expertise in the programs and MGA space into a collective team, providing the unparalleled capabilities that our clients and prospects are craving,” Fleming said.

Lockton Re Portfolio Solutions provides customized services designed for the specific needs of the programs and MGA market. The segment integrates expertise with the company’s analytics and modeling capabilities to develop optimized solutions for its clients.

Nick Durant, CEO of North America for Lockton Re, highlighted the segment's role in the company’s broader growth efforts.

“By creating this new segment, we are bringing together the best of our team with deep expertise and strong relationships to support the dynamic program and MGA market,” Durant said.

This launch also follows the introduction of Lockton Re’s Mortgage and Structured Credit segment in late 2023.

Earlier this month, the reinsurance specialist also appointed Sabrina Veau as a senior broker in its Capital Advisory team.

Veau will be based in the company’s London office and joins as part of the team’s ongoing expansion, Lockton Re said.

Before joining Lockton Re, Veau spent 22 years at Aon, where she played a central role in the Strategic Advisory arm of the Capital Advisory team. Her focus included optimizing capital structures, navigating regulatory complexities, and advising on rating agency processes.

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