Ed expands professional & executive risk team

Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Michael Lock as divisional director in its professional and executive risk team, effective immediately. Michael will report to Niraj Perera, head of transactional risk.

In this role Michael’s financial acumen and private equity expertise will provide invaluable support in offering insurance solutions for M&A transactions, including warranty and indemnity, tax liability and contingent liability. Michael, a Big 4 qualified chartered accountant, has over 10 years of transactions experience. He has spent the past five years investing either directly for private equity funds or as part of buy and build programmes for their portfolio companies.

Niraj commented: "Michael’s appointment closely follows the arrival of Robert Coward and evidences Ed’s continued expansion of our bespoke transactional risks offering. Despite the current economic climate, Ed has a strong focus on the M&A market, and continuing to hire and invest in the best industry talent means that we can provide top-tier support and advice to our clients. Michael’s UK and international investment expertise and experience working on M&A transactions will be an asset to our team, as we deliver specialty solutions to our private equity, legal and corporate clients."

 

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About Ed
Ed is owned by BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company

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Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.