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Lockton Mexico Leadership Appointment

(Mexico City, Mexico) - 29 April 2013 - Lockton has appointed Marcela Flores as Chief Executive Officer of all Lockton operations and companies in Mexico effective May 1, 2013. Lockton is the world's largest privately held insurance broker.

Flores will have full authority and responsibility for Lockton's operations in Mexico including employee benefits, actuarial consulting, property and casualty insurance, bonds, and reinsurance. She will report to Fernando Ortega, who remains as Chairman of the Board of Lockton Mexico and also will have direct reporting responsibilities to Lockton's international operations. 

Flores has been recognized for her leadership in building Lockton's benefits and actuarial consulting business in Mexico. Lockton Mexico expects to complete the 2013 fiscal year with more than US$20 million in revenue, a 90 percent increase in organic growth since 2006 when Lockton acquired the operations from Alexander Forbes.

Mike Hammond, Chief Executive of Lockton's international operations said, "Lockton Mexico has grown substantially since we acquired the business at the end of 2006 and I want to thank Fernando, Marcela and the rest of the Lockton team for all they have done to date. Marcela's appointment is recognition of the success she has had in building our benefits and consulting business to the pre-eminent position in the Mexico market. I look forward to working with Marcela and Fernando to further expand all our operations throughout Mexico during the next three to five years."

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