Lockton Launches a Digital Office to Enhance Innovation and Data Strategies

Lockton's New Digital Office

Lockton, the world's largest independent insurance brokerage, has announced the establishment of a new digital office focused on enhancing its innovative capabilities in data analytics and technology strategies. This initiative aims to elevate Lockton's digital and data competencies, providing transformative solutions to its clients across the globe.

Leadership and Vision

Leading this new venture is Claude Yoder, who has been appointed as the head of data, analytics and digital technologies. Claude brings a wealth of experience to this role, having served as the global head of analytics for Lockton Re since 2019. Under his leadership, Lockton Re witnessed significant growth, highlighted by the creation of a proprietary analytical and operational platform known as SAGE. This platform, notable for obtaining two patents, stands as a testament to Lockton's commitment to innovation within the insurance industry.

A Commitment to Digital Excellence

Ron Lockton, Chairman and CEO, emphasized the strategic importance of digital technologies, data, and analytics in Lockton's global strategy. He stated, “Our commitment to a digital office underscores the importance of digital excellence. We are dedicated to delivering valuable insights and unparalleled service that is based on cutting-edge digital data and analytics tools.” This new digital office is expected to accelerate Lockton's digital transformation and growth across various domains of data, analytics, and technology.

Enhancing Client Value

The primary objective of the digital office is to create value for clients by leveraging state-of-the-art technology and data-driven insights. This effort will not only improve operational efficiency and strategic decision-making but also provide clients with unmatched service and resources tailored to their evolving needs.

Claude Yoder expressed his enthusiasm about this initiative, stating, “This presents an exciting opportunity to expand our data and technological capabilities. Lockton's commitment to digital excellence highlights our determination to stay abreast of industry trends and meet the developing needs of our clients.”

Setting New Standards in the Industry

By establishing this digital office, Lockton positions itself to set new benchmarks in the insurance brokerage sector. As industries continue to embrace digital transformation, Lockton aims to be at the forefront, ensuring sustainable growth and success in the digital era.

About Lockton

What sets Lockton apart is its independence. Private ownership allows its more than 12,600 professionals operating in over 140 countries to focus solely on client needs in the realms of risk, insurance, and people. With expert insights garnered worldwide, Lockton provides the deep knowledge required to achieve outstanding results for its clients. For more information, visit Lockton's website.

Conclusion

The launch of the digital office marks a significant step in Lockton's journey towards enhancing its service delivery through technology and analytics. With Claude Yoder at the helm, Lockton is poised to realize its vision of creating unparalleled value for its clients, thus reinforcing its position as a leader in the insurance brokerage landscape.