Tim Law will join as chairman of Lockton Global Energy with the support of veteran energy insurance executives Tim Clarke and Blake Roseveare in London.
They will work alongside the 150 professionals in Lockton’s established energy operations in the U.S., U.K., United Arab Emirates, Thailand, Australia, Singapore, Hong Kong, Brazil, and Mexico.
“Lockton is fortunate to attract these highly capable market leaders to help us drive business results for our energy clients,” said John L. Lumelleau, president and CEO of Lockton. “They will help us win and keep energy clients by providing the creative and consistent service that Lockton clients expect around the world. This is an important step in our long-term commitment to growth and success in the energy sector.”
Lockton serves more than 500 clients globally in energy exploration and production, service contracting, power, renewables, and the offshore and marine sectors. Lockton offers a full array of risk management and insurance services including risk analysis, program design, analytics, safety, loss prevention, claims advocacy, employee benefits, as well as retail and wholesale insurance placement services.
Law has served as executive director in broker RK Harrison’s energy team in London. With four decades of experience, Law is recognized as a leader, expert, and innovator in the energy insurance brokerage market.
Clarke is an expert in risk management and insurance for upstream energy companies and has been with Aon since 2006. His career began in 1986, and he has worked extensively on providing full outsourcing of the insurance process to independent exploration and production companies based in the UK and mainland Europe with worldwide operations. Clarke has served as an executive director at Aon and regional development leader for the UK, US, and Canada as well as leading the upstream broking team.
Roseveare joined Lockton in July after more than 13 years with Marsh as a broker and client advisor for upstream companies. He specialises in insurance programme design and placement for European-based energy companies, ranging in size from start-ups to fully integrated global oil companies. Roseveare is experienced in structuring complex business interruption programs for energy firms.
“Lockton Global Energy is focused on delivering market leading results wherever our clients operate,” said Lumelleau. “Whether through our integrated Lockton Global Energy platform or through our longstanding relationships with independent brokerage partners, Lockton will deliver the best outcomes for our clients.”
Lockton expects to add additional energy team members in the coming months. Lockton is the world’s largest privately held, independent insurance broker.
Law, Clarke, and Roseveare will be based in Lockton’s London office at 138 Houndsditch, London EC3A 7AG. The phone number is 020 7933 0000.