London, United Kingdom
Lockton, Inc., the world's largest privately owned insurance broker, has launched Lockton International, re-branding the former Alexander Forbes International Risk Services business it formally acquired on 9th November 2006.
Lockton International offers insurance and reinsurance buyers a distinctive global alternative, combining its parent company's strong presence in North America with its own operations in the rest of the world. The firm has recruited several senior staff as it gears up for the launch by strengthening its capabilities.
"This is the moment we've been waiting for," said Lockton International Chairman Mike Hammond. "We have had a tremendous response from the market. At last there's a privately owned alternative broker with a global reach, and this is clearly an attractive proposition to a lot of people.
"Lockton will play to its strengths. We know what we do well, and intend to be the best in our chosen fields."
Lockton International Chief Executive Officer Stewart McCulloch said, "The fact that we are truly independent means we can devote more of our time and resources to our clients, and our recent recruitment drive bears witness to that."
"This is a landmark day for our clients and our people," said David Lockton, Chairman of Lockton, Inc. "We are welcoming 1,600 new colleagues to the Lockton family, and we are dramatically expanding the depth and reach of our risk management services. Lockton focuses on delivering a distinctive level of service, and Lockton International is now an important part of that promise to our clients around the world."
"The two organizations fit like a hand in a glove," said Lockton, Inc. President and Chief Executive Officer John Lumelleau. "Our combined operation provides clients with easy access to professional risk management expertise around the world."
Lockton International Limited has its main location at 6 Bevis Marks in London, renaming the building Lockton House. It has 31 offices in the United Kingdom, Ireland, Latin America and Asia. In combination with its position in the European broker partnership EOS RISQ, Lockton serves clients from 143 local offices in 44 countries.
Based in Kansas City, Mo., Lockton is the only independent, privately owned, global insurance broker and employs more than 3,700 people. The international division based in London provides insurance and reinsurance broking, risk and insurance programme management and consulting, alternative risk finance, claims management and insurance products and services. It is a partner in EOS RISQ N.V., Europe's leading insurance broking and risk management consultancy.
For more information on Lockton and its insurance and risk services, please visit www.lockton.com.
CONTACT: Lockton International Claire Gaydon +44 (0) 20 7933 2648 Mobile: +44 (0) 779 523 7141 claire.gaydon@uk.lockton.com or Lockton, Inc. Dean Davison +1 816 960 9309 Mobile: +1 816 810 0982 ddavison@lockton.com or Broadgate Mike Lord +44 (0) 20 7726 6111 mlord@bgate.co.uk
CONTACT: Lockton International Claire Gaydon +44 (0) 20 7933 2648 Mobile: +44 (0) 779 523 7141 claire.gaydon@uk.lockton.com or Lockton, Inc. Dean Davison +1 816 960 9309 Mobile: +1 816 810 0982 ddavison@lockton.com or Broadgate Mike Lord +44 (0) 20 7726 6111 mlord@bgate.co.uk , ,
Source: Business Wire (Business Wire India)