Lockton Re hires former Canopius UK CEO Willmont to retro & property team

Lockton Re, the reinsurance unit of the independent broking group, has announced the hiring of Sarah Willmont, the former CEO of Canopius’ UK division, to its Retrocession & Property Specialty division.

Willmont will be based in London for the reinsurance broker, working within retrocession and property reinsurance broking, as well as as supporting London Market and Global production activity.

Robert Bisset, Chairman of Retrocession & Property Specialty, Bermuda, and Capital Markets, Lockton Re, commented, “Our global Retrocessional capability continues to expand reflecting our growing client base and their needs. Sarah is a fantastic addition to both the team and Lockton Re as a whole, as she shares our collaborative ethos and enthusiasm for putting clients first.

“Sarah’s experience within broking and underwriting, coupled with her executive network and personal credentials make Sarah a highly accretive hire for Lockton Re.”

Matt Foreman, Head of Retrocession & Property Specialty, Lockton Re, added, “Sarah’s wealth of experience and excellent reputation across both broking and underwriting will enhance our holistic offering to clients and support our expanding global presence in the marketplace.

“Sarah’s knowledge of the London Market and her strong relationships globally will be a huge asset as we seek to bring best in class advocacy, service, and solutions to clients. We very much look forward to welcoming Sarah to Lockton Re – her arrival will be a timely boost to our capabilities ahead of another complex renewal season.”

Willmont has more than 20 years of experience trading within the London Market, having begun her career as a reinsurance broker at Benfield, before moving to the underwriting side in 2014 with Canopius, holding a number of senior roles, including as an active underwriter and CEO of Canopius UK.