Lockton

privately held insurance brokerage firm

Lockton Companies Inc. is the world's biggest privately held insurance brokerage company, providing insurance, risk management, employee benefits and retirement services. In addition to its Kansas City, Missouri headquarters, Lockton operates more than 100+ locations in 125 countries. Lockton currently has more than 8,300 employees worldwide.[1]

Lockton Companies
Company typePrivate
IndustryInsurance
FoundedKansas City, Missouri U.S. (1966 (1966))
FounderJack Lockton
Headquarters
Kansas City, MO
,
Number of locations
100+ locations in 125 countries
Area served
Worldwide
Key people
Chairman Ron Lockton, CEO Peter Clune, President, Global Growth Officer Hiram Marrero, COO, Lockton U.S. Said Taiym, Lockton International President Neil Nimmo,
ProductsInsurance, risk management, employee benefits, retirement services
Revenue2020 Global Revenue $1.88 billion
Number of employees
8,300 +

History

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The company was created by Jack Lockton in 1966 and has since become the world’s 8th largest insurance brokerage firm.[2] Lockton serves a wide array of industries with services that include risk management, casualty, surety, professional indemnity and more. For more than 50 years, Lockton posted organic growth, with global revenues reaching more than $1.72 billion in fiscal 2019.[3]

References

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  1. Dornbrook, James. "Lockton names former NPC International exec as its new CFO". www.bizjournals.com. Retrieved 2020-09-01.
  2. "World's 10 largest insurance brokers" (PDF).
  3. "Lockton breaks revenue record in 2019 fiscal year | Lockton Companies". www.lockton.com. Archived from the original on 2020-07-02. Retrieved 2020-07-02.