Lockton aviation drive gathering pace
LOCKTON’S expansion in the aviation market continues to gather pace after the broker added four new faces in recent weeks.
And the managing director of the company’s aviation team, Graham Barden, told Insurance Day further members will be joining in the near future.
David Hammond, a general aviation specialist, Peter Eden, who has expertise in airlines and products, Amy Heath, a broker, and Alan Day, an aviation technician, have all joined Lockton from Cooper Gay in the last few weeks.
“We are still in rebuilding mode,” said Barden, “We got four people from Cooper Gay who have added to our team and developed business [and] we are currently talking to a number of others to add to our existing expertise in this area. We are still looking to grow our size.”
To that end, Lockton has hired the former chairman and chief executive of Marsh’s aviation practice, Brian Moore, as a consultant to help grow its team further, as well as assist in bringing in new business. In the intervening period between leaving Marsh and working for Lockton, Moore also worked for HSBC Insurance Brokers prior to its acquisition by Marsh at the end of last year. At HSBC Insurance Brokers, Moore is understood to have undertaken a similar position to the one he now has – acting in an advisory role and looking to bring people in to expand the company’s capabilities within the aviation market.
Barden explained: “We have brought him in as a consultant to engage in business development.”
The merry-go-round of moves that dominated the aviation broking market last year appears to have slowed down somewhat in recent months, although that could all change should Lockton and the other brokers within the market who have shown an appetite for growth within the sector - such as UIB and JLT - gear up their expansion drives.
