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Lockton taps former JLT exec as property lead in Bermuda

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Lockton Cos. L.L.C. said Thursday that Gareth Davies has joined its Bermuda team in the newly created position of senior vice president, property.

Based in Hamilton, Mr. Davies was the CEO of JLT Bermuda, a unit of Jardine Lloyd Thompson Group P.L.C., and prior to that was head of RK Harrison Bermuda, Lockton said in a statement.

He has been a property broker in Bermuda for more than 20 years and has experience broking a wide range of industrial, multifamily habitational and energy clients.

Mr. Davies also has expertise in facultative reinsurance and alternative property solutions. He will focus on growing the business, particularly in the property area, according to the statement.