People Moves: Markel CATCO’s Moore and Aon’s Boon Join Lockton Re; Fidelis Names Lancashire’s Russell as Head of Marine

Lockton Re Hires Moore, Boon for Non-Marine Retrocession, Property Specialty

Lockton Re, the global reinsurance business of the largest privately held independent insurance broker, announced that Simon Moore and James Boon have joined the Non-Marine Retrocession and Property Specialty division in London as part of Lockton Re’s growing global platform.

Moore joins as a senior broker bringing valuable expertise and experience with nearly 30 years of experience in both London and Bermuda in both underwriting and broking. He started his career at Lloyd’s before moving to Aon in 2002 as a loss modelling analyst and account manager for North American property treaty. He then spent time at Gallagher Re in London and Bermuda, subsequently becoming a broker at Aon Benfield in Bermuda. In 2015, Moore moved to Markel CATCO as a senior underwriter and most recently was chief underwriting officer of CATCO’s Investment Management on the island.

Boon joins as a senior broker, with an excellent reputation in the London Market. Most recently he was a reinsurance broker at Aon specializing in property retrocession and catastrophe risk on direct and facultative (D&F). He also has experience of underwriting with time spent at Arch and CNA Hardy.

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Fidelis Appoints Lancashire’s Russell as Head of Marine

Bermuda-based Fidelis Insurance has hired Paul Russell as the group’s new head of Marine.

With extensive marine experience, Russell previously was marine underwriter at Lancashire Insurance, which he joined in September 2013. He also spent four years at marine broker CR Marine Aviation and previously held positions at Cooper Gay, Willis and Marsh.

Russell’s appointment is part of Fidelis’ overall marine expansion both internally and with its Marine MGA, Navium, which commenced underwriting under Clive Washbourn in May 2021 and has already established a substantial material market footprint.

Fidelis said the combined marine offering places Fidelis among the largest in the London market, promising brokers and clients “substantial capacity, innovative products and around the clock service – making full use of the company’s new ‘Forum’ trading floor on Lime Street to maximize face-to-face accessibility to brokers.”

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