Hogan Lovells has appointed a new head of corporate and regulatory insurance to replace John Young, who retires in April 2012.
Tim Goggin, a partner in the financial institutions group of legacy firm Lovells since 2003, will replace Hogan Lovells co-chair John Young as head of corporate and regulatory insurance on 1 January. Young has headed the practice for two decades.
Goggin’s experience in the corporate and regulatory insurance sector includes advising Cigna on its acquisition of FirstAssist Insurance Services from Barclays Private Equity; Sompo and Mitsui Sumitomo on the disposals of their international reinsurance businesses through Part VII transfers; and, Alterra on the acquisition and reorganisation of the Lloyd’s operations of the Imagine Group.
In a statement, Andrew Skipper, co-head of Hogan Lovells’ corporate practice, said: “John’s a familiar and highly regarded member of the insurance industry and we thank him for his fantastic contribution to the sector and the firm over the last decades.
“Tim’s also highly experienced and well placed to lead the continuing expansion of the practice and its reputation in the years to come.”