#Canada #Toronto #Lockton #Stéphane Lespérance

Lockton Announces Stéphane Lespérance as New CEO for Canadian Division

The globally recognized insurance brokerage firm, Lockton, has made a significant move by appointing Stéphane Lespérance as the CEO of its new Canadian branch. This strategic appointment emphasizes the firm's commitment to offering robust consulting services tailored to meet the needs of businesses in Canada, highlighting the importance of enhancing client interactions amidst a complex risk landscape.

Stéphane Lespérance, hailed as a prominent figure in the Canadian insurance industry, brings with him a wealth of experience from Aon Canada, where he spent 24 years ascending through various managerial roles, ultimately serving as President. His track record in improving customer service through effective risk management strategies speaks volumes of his fit for this pivotal role. By instituting a client-focused consulting model, Lockton hopes to adapt more swiftly and effectively to the evolving needs of Canadian businesses.

Ron Lockton, Chairman and CEO of Lockton, commented on the significance of this appointment, stating, "Canada ranks as one of the top ten insurance markets worldwide, characterized by a sophisticated, interconnected economy. Businesses are increasingly challenged by complex risks. Our longstanding relationships in Canada indicate a pressing demand for deeper specialization and genuinely client-oriented consulting models. The independence of Lockton allows us to address these needs substantially. Bringing in a leader of Stéphane's caliber reinforces the strength of our private model, as he brings the expertise and strategic vision necessary to provide superior advice throughout Canada."

Lespérance takes on the critical task of leading the Canadian retail business under Lockton's private ownership model, which is designed to offer personalized consulting across a broad spectrum of risk-related issues. His strategy will combine local market knowledge with global expertise, connecting Canadian retail with Lockton's extensive international network. This integrated approach aims to deliver exceptional products and services that meet the unique demands of businesses operating within Canada, enhancing Lockton's overall service delivery.

In his own words, Lespérance expressed, "Canadian businesses require a partner who understands today's increasingly complex risk environment—from uncertainties in business and supply chains to cyber threats, workforce pressures, rising benefit costs, climate change resilience, and sector-specific challenges. Lockton's independent model is particularly relevant for the Canadian market today, allowing us the freedom to build a genuinely client-focused platform aimed at our clients' long-term success. I'm excited to assemble a team of experts delivering outstanding results to our Canadian clients."

This appointment also reflects Lockton's long-standing engagement with Canadian clients and multinational corporations that operate within Canada. As the company continues to strengthen its leadership and local presence, Lockton plans to unveil further details in the coming months regarding its advisory capabilities and market operations.

About Stéphane Lespérance

Stéphane Lespérience combines nearly three decades of experience in risk management and has effectively developed and implemented insurance program strategies for large multinational organizations in North America, Europe, and Asia. His extensive experience at Aon Canada uniquely positions him to lead Lockton's Canadian mission, where he also serves as the chair of the Canadian Institute of Insurance.

Lespérance holds a degree in Risk Management from the Université du Québec à Montréal and has completed executive education programs at both the Kellogg School of Management at Northwestern University and the Booth School of Business at the University of Chicago. Outside work, he is an avid triathlete, balancing competitive sports with family time.

About Lockton

Lockton distinguishes itself by its independence, which allows its nearly 15,000 associates in over 160 countries to focus solely on client needs regarding risk and insurance. The firm has the global expertise and knowledge needed to achieve exceptional outcomes and ensure satisfaction for their clients. Lockton's Canadian operations function under the name Lockton Brokers, ULC. For more information, visit www.lockton.com.