Daily Insurance Industry News
 
 
Daily Insurance Industry News
Tuesday 19th of June 2018
August 30, 2012

Lockton to enter UK employee benefits market

by Gill Montia

Story link: Lockton to enter UK employee benefits market

Lockton is to enter the UK employee benefits market with a view to building a full-service capability by the beginning of next year. The new enterprise will be headed by Mike Tyler who will join the broker on 1st October having previously held the post of managing director the UK division of global benefits business, […]



September 7, 2011

Lockton opens Nebraska office

by Richard Kilner

Story link: Lockton opens Nebraska office

Insurance broker Lockton has announced that it is expanding its risk management and insurance presence in the United States with the establishment of a new office in Omaha, Nebraska. The new office will bed led by Jack Struyk, who has been appointed by the firm to lead its Nebraskan operations. Struyk is a native of […]



August 31, 2011

Lockton opens first Nordic office

by Richard Kilner

Story link: Lockton opens first Nordic office

Lockton has announced the establishment of its first foothold in the Nordic region, with the opening of a new office in Norway. The new Norway operation is to be led by Cato Aamodt, who brings more than a quarter of a century of experience to the role, including 13 years at Marsh. Stephen Reid, COO […]



July 29, 2011

CII elects new president

by Gill Montia

Story link: CII elects new president

The Chartered Insurance Institute (CII) has elected Julian James as its 115th president. Mr James, who is chief executive officer of Lockton Companies International, takes over from Chris Hanks, general manager of Allianz UK. Amanda Blanc, chief executive of AXA Commercial, has been elected deputy-president. Incoming CII presidents choose a theme for their year in […]



June 28, 2011

Lockton launches Memphis unit

by Gill Montia

Story link: Lockton launches Memphis unit

Lockton has launched a new unit in Memphis, US, that aims to provide commercial insurance, risk management and employee benefits services for clients regionally, nationally, and internationally. The business is headed by Joe Lammel, a Memphis community leader and long-time insurance brokerage executive who has spent more than 30 years with Marsh, most recently as […]



May 18, 2011

Hackers new worst enemy for business

by Gill Montia

Story link: Hackers new worst enemy for business

Lockton is warning that hackers pose an increasing threat to business, as commerce continues to move online. The insurer reckons that no firm is safe; only last month Marks & Spencer along with as many as 50 other clients of email marketing company, Epsilon, had thousands of customer details stolen. In the case of M&S, […]



April 18, 2011

Lockton advances on “uninsurable” business risks

by Gill Montia

Story link: Lockton advances on “uninsurable” business risks

Lockton has launched Enterprise Disruption Contingency Insurance, a package of risk management solutions designed to help companies cope with previously “uninsurable” risks. The offering can provide an “umbrella solution” for such grey area risks as loss of intellectual property rights, inability to manufacture or distribute a product because of another organisation’s product recall, regulatory risks, […]



January 13, 2011

Lockton opens Beijing office

by Richard Kilner

Story link: Lockton opens Beijing office

Insurance broker Lockton has announced that it has been granted the regulatory green light from the China Insurance Regulatory Commission (CIRC), enabling it to open a new branch office in Beijing. Alex Jiang will lead the new Chinese office, and he will be supported by a number of associates in January. Jiang joined Lockton in […]



October 7, 2010

Lockton announces support of Aldermanbury Declaration

by Richard Kilner

Story link: Lockton announces support of Aldermanbury Declaration

The Chartered Insurance Institute (CII) has published a list of signatories to the Aldermanbury Declaration, which was launched six months ago. The Declaration was developed by a task force of leading insurance professionals and offers a common framework to promote high standards in the industry. Task force Chairman and former CII President Barry Smith has […]



October 5, 2010

Lockton named Best Place to Work in Insurance

by Richard Kilner

Story link: Lockton named Best Place to Work in Insurance

Lockton has been named the Best Place to Work in Insurance by Business Insurance magazine and Best Companies Group, for the second consecutive year. Business Insurance praised Lockton as a high quality workplace that enables employees to thrive. The Best Places in the magazine won such praise for their excellent work environments, supervisor relationships, training/development, […]



December 19, 2009

Amlin to acquire Lockton unit

by Gill Montia

Story link: Amlin to acquire Lockton unit

Amlin has announced that it is in talks with Lockton regarding the acquisition of the broker’s UK insolvency practitioners’ insurance unit. The Lloyd’s of London insurer has previously indicated that it is lining up potential takeovers, having acquired Fortis Corporate Insurance in June. The latter is a leading provider of corporate property and casualty insurance, […]



June 4, 2009

Todorovich becomes Lockton VP

by Richard Kilner

Story link: Todorovich becomes Lockton VP

Insurer Lockton has named Michael Todorovich as its new vice president and producer to its St. Louis office. Todorovich brings over a decade of experience in the insurance industry to his new role, particularly specialising in executive risk and mergers & acquisitions, as well as extensive knowledge of the private equity, manufacturing and services sectors. […]



March 26, 2009

Lockton opens regional hub in Dubai

by Gill Montia

Story link: Lockton opens regional hub in Dubai

Lockton has secured a licence from the Dubai Financial Services Authority to operate as an insurance broker in the emirate. The firm, which claims to be the world’s largest privately owned independent insurance broker, will establish an office at the Dubai International Financial Centre. The move will enhance Lockton’s presence in Middle Eastern and North […]



January 12, 2009

Chubb selects ARAG to enhance HNW range

by Richard Kilner

Story link: Chubb selects ARAG to enhance HNW range

Chubb Insurance, the high net worth specialist, has selected ARAG as its new legal expenses provider for its products in the mid, high and ultra net worth range. Policyholders will the insurer will benefit from improved protection, which applies to those holding the Initial (mid net worth), Masterpiece (high net worth) and Signature (ultra net […]



October 13, 2008

Lockton appoint VP in Washington DC

by Richard Kilner

Story link: Lockton appoint VP in Washington DC

Lockton has announced the appointment of Terry Hogan as the firm’s new vice president in Washington DC. Hogan joins the firm from Aon, where he worked as Market Area Sales Leader and MD for the Mid-Atlantic Region. During his career he has established relationships with mid-market companies, as well as Fortune 500 organisations. In his […]



September 23, 2008

Lockton appoints private equity SVP in San Francisco

by Richard Kilner

Story link: Lockton appoints private equity SVP in San Francisco

Lockton has announced the addition of Robert Irvin to its San Francisco office in the capacity of senior vice president within the Private Equity and Corporate Acquisitions Practice. Irvin will bolster Lockton’s expertise in the field of transaction-related insurance, and he will play a role in expanding the firm’s presence in the San Francisco Bay […]



September 8, 2008

Lockton to expand in China

by David Masters

Story link: Lockton to expand in China

Kansas City-based insurance brokerage firm Lockton is pressing ahead with its plans for expansion in China. On Friday the Chinese Insurance Regulatory Commission (CIRC) granted Lockton a Wholly Owned Foreign Enterprise (WOFE) insurance broking license. Lockton’s new Chinese business will begin operating later this month as Lockton Companies (Shanghai) Insurance Brokers Ltd. Lockton is the […]



August 29, 2008

Lockton bolsters Denver team

by Richard Kilner

Story link: Lockton bolsters Denver team

Lockton Companies has announced the appointment of Stephen Doherty to its Denver office as producer for the entirety of its property and casualty lines. He previously worked for consultancy firm Strategic Programs, Inc. where he held a number of senior positions in management. Earlier in his career Doherty worked for software development and IT staffing […]



June 30, 2008

McFadden becomes Lockton’s NY VP

by Richard Kilner

Story link: McFadden becomes Lockton’s NY VP

Lockton Companies has appointed Michael McFadden to the post of executive vice president for the firm’s operations in New York. He brings 20 years of industry experience to his new role, during which time he has held a broad range of senior positions. Before joining Lockton he served with Marsh’s Private Equity and Mergers Practice […]



June 23, 2008

Lockton Affinity appoint Ziegler

by Richard Kilner

Story link: Lockton Affinity appoint Ziegler

Lockton has announced the appointment of Joseph Ziegler to the position of chief operating officer with Lockton Affinity. He succeeds Marianne Sears, who is to remain with the firm in the capacity of executive vice president of operations. Sears has been with Lockton for 20 years, and will retain her supervisory role over information technology, […]