Lockton Re appoints Bisset CEO, North America, and Durant global vice chairman

Lockton Re has appointed Robert Bisset (pictured first) as CEO, North America, and Nick Durant (pictured second) as global vice chairman, as the broker positions itself for the next phase of growth across its expanding client and capabilities base.

Both appointments at the reinsurance broking firm take effect from 1 February 2026.

Lockton Re said the new roles support its strategy to scale both its North American and international platforms, with the latter continuing under the leadership of Keith Harrison, international CEO.

Tim Gardner, global CEO of Lockton Re, said the appointments reflected the scale the business has achieved and the ambition for further growth.

“These leadership changes position us well for an exceptional 2026, and many more years to come, supporting Lockton Re’s strategic ambitions as we scale both our North American business and our international business,” he said.

“Bob and Nick have been pivotal to the set-up of our business and the growth we have achieved as a global platform to date.”

The reinsurance broking arm of Lockton now employs more than 500 colleagues across 23 locations worldwide.

Gardner described the latest appointments as signalling “a new phase of growth and success”.

Bisset brings more than three decades of industry experience across the US, Sydney, Bermuda and London.

He joined Lockton Re in 2021 and currently serves as chairman, global retrocession and property specialty, Bermuda and market capital, as well as a member of the global executive committee.

Since joining, he has played a central role in building out those practices and supporting the launch of new capabilities across the platform.

As CEO, North America, Bisset will focus on deepening relationships across the region while continuing to engage with global markets to support the business’s next stage of development.

Durant was part of the founding group that launched Lockton Re in North America in 2019.

He joined as CEO, North America, and a member of the global executive committee, overseeing rapid growth from a standing start to more than 200 colleagues and 11 offices across the region in six years.

In his new role as global vice chairman, Durant will focus on capital solutions, global account growth and the development of emerging global segments.

Gardner said both executives exemplified Lockton Re’s collaborative culture.

“At the heart of Lockton Re is our collaborative culture and the motivation to deploy the right people, every day, for every client,” he said.

“Bob and Nick are exemplars of this drive, and I could not be more pleased to see them build on their success and contributions to date in these new roles,” Gardner added.