Lockton New Zealand has appointed Peter Lowe as CEO.
Launched in September, the brokerage’s New Zealand operations will benefit from Lowe’s background in alternative risk financing and reinsurance, having designed, placed and managed risk financing programmes for a portfolio of global insurance accounts.
He previously served as CEO and director of Willis Towers Watson New Zealand, before which he was chairman of the firm’s Australasian alternative risk transfer and captive practice, where he was responsible for the management of all captive insurance companies in Australia, New Zealand and the Pacific.
Lowe currently serves as president of the New Zealand Captive Insurance Association.
Lockton New Zealand also recently appointed Myra Fernando as captive accountant. Since 2019, she has helped to form and manage captive insurance companies for businesses in New Zealand and Australia.
Fernando previously held the position of captive accountant at Willis Towers Watson and insurance and consumer specialist at Marsh, respectively.