Craig Buckle Succeeds Peter Lowe at Lockton New Zealand

Lockton, the insurance broker, has named Craig Buckle as the Chief Executive Officer of its New Zealand operations, effective from January 1, 2024. Buckle is set to take over from Peter Lowe, who is retiring at the end of this year.

Buckle has been leading the Corporate Risk business division since 2021 and played a pivotal role in establishing Lockton New Zealand while uniting the team under a shared purpose.

Paul Marsden, CEO at Lockton Pacific, expressed his excitement about the appointment, while Buckle thanked Peter Lowe and the Lockton leadership team for their support and confidence in him. Lowe shared his thoughts, saying, “It’s been an honor to lead this great company. Very few privately owned firms are as relevant, resilient, and successful as Lockton is today. I leave with the same thought I had the day I became CEO: the best is yet to come for Lockton New Zealand.”

With over 30 years of experience in corporate risk insurance management, Buckle has held leadership positions at Marsh, Allianz, and Willis Towers Watson, New Zealand.

Peter Lowe, who has been the Chief Executive Officer since 2021 and previously held the position of Chief Executive Officer at Willis Towers Watson New Zealand, has been instrumental in building successful, client-focused risk and insurance broking firms in the Pacific region. He introduced alternative risk transfer and financing concepts to businesses across America, Asia, New Zealand, Australia, and the Pacific Islands.

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