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Lockton Cos. LLC said Wednesday its Lockton Re unit is opening a Bermuda office headed by a former Aon PLC executive.
Jonathan Davies, formerly head of Global Re Specialty Bermuda for Aon, has been named CEO of Lockton Re (Bermuda) Ltd.
Former Aon executive Thomas Parcell joined Lockton Re in February as the chief broking officer of its Bermuda platform.
Lockton Cos. LLC saw revenue grow 10.3% to $1.72 billion for fiscal year 2018 ended April 30, the broker said in a statement Thursday.