Lockton Re names new North American prop fac leader

Gregg Cunningham has been named by Lockton Re as a senior broker and its North American property facultative leader.

He joins from Liberty Mutual Insurance, where, for nearly six years, he served as executive vice president, leading the US insurer’s national property practice.

“As Lockton Re continues on our mission to bringing in top-tier, client-focused talent, we are extremely excited that Gregg has joined our team,” said Nick Durant, CEO, Lockton Re North America.

Before Liberty Mutual, Cunningham spent more than 16 years in various senior property underwriting roles with Travelers. He has also held property facultative and treaty leadership positions at CNA Re, Swiss Re and Munich Re. He began his career in 1990 with the former National Re.

“His acumen in the property market is unparalleled and his knowledge of both the primary and reinsurance arenas make him a trusted partner with both clients and reinsurers,” Durant added.

Cunningham will be based in New York, reporting to Rob McNamara, Lockton Re senior broker and overall North American facultative Leader.

“This appointment bolsters an already formidable industry-leading facultative team, one that includes Craig Wadman, Lockton Re North American casualty facultative leader,” said McNamara.

“Wadman, who joined the company in February 2022, has nearly 25 years of casualty experience and, like Cunningham, has a deep understanding of both the primary and reinsurance markets,” he added.