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Business Insurance Names Lockton Top 10 Insurance Broker

Lockton’s commitment to delivering expert advice and growing for the long-term has earned the company the No. 9 position in Business Insurance’s 2017 Image of Business Insurance article - Lockton Cos. #9ranking of the world’s largest commercial insurance brokers.

“The Lockton family is interested in the next quarter of a century, not the next quarter,” said John Wicher, principal of John Wicher & Associates in San Francisco, in a profile about Lockton. “The reality is that they have a business model which is different and effective for them.”

The new rankings, published in the July issue of Business Insurance magazine, highlight Lockton’s growth to $1.43 billion global revenue.

The story also highlights Lockton’s eight new US locations – Sacramento, California; Miami, Tampa and Naples, Florida; Portland, Oregon; Greenville, South Carolina; Seattle; and Detroit – and internationally in Aguascalientes, Mexico and Casablanca, Morocco.

While Lockton continues to grow geographically, Lockton leaders point out that the company is making major investments in Associates who serve clients. Last year, Lockton hired 1,000 Associates and in order to expand must continue hiring talented professionals.

“Our biggest challenge is not as much finding business as it is finding great people,” said David Lockton, Lockton’s Executive Chairman.  

Read the article here.

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