#Canada #Toronto #Insurance #Lockton #Stéphane Lespérance

Lockton's Strategic Move with Stéphane Lespérance

Lockton, the world’s largest privately owned insurance brokerage, has made a strategic appointment with Stéphane Lespérance as the CEO of its Canadian division. This decision marks a significant milestone aimed at reinforcing the company’s commitment to providing top-notch advisory services to Canadian enterprises.

Stéphane, a well-respected figure in the Canadian insurance sector, brings nearly three decades of experience. Before joining Lockton, he spent 24 years at Aon Canada, where he progressively climbed the ranks to become president, and ultimately CEO. His extensive background in enhancing customer service through developing and executing risk management strategies for major multinationals across North America, Europe, and Asia, positions him uniquely to drive the next phase for Lockton's operations in Canada.

Strengthening Client Relationships

Lockton’s primary goal is to foster stronger relationships with its clients while establishing a Canadian-led risk management organization that can empower businesses to navigate the constantly evolving operational landscape. As Ron Lockton, the company’s chairman and CEO, stated, Canada stands out as one of the top ten global insurance markets that necessitates tailored specialist advice to address its businesses' multifaceted risk and human resource challenges.

Lockton’s independence allows it to respond to the market’s needs effectively. This is a strategic advantage, as Stéphane brings with him vast experience, a robust credibility footprint, and a vision that aligns perfectly with the model of private enterprise Lockton embodies. This leadership will help deliver exemplary consulting services to its clients throughout the region.

Adapting to a Complex Risk Environment

With the Canadian market witnessing increasingly complex and interrelated risks, it is essential for businesses to navigate uncertainties linked with trade, supply chain issues, cyber threats, and rising costs in health benefits and human resources. Lespérance expressed his enthusiasm for the role, emphasizing that the Lockton independent model is ideally suited to the current Canadian market and provides the freedom to create genuinely client-focused solutions.

His plan involves leading a team of experts who work closely together to offer outstanding results for Canadian clients. This appointment signifies Lockton’s long-standing cooperation with Canadian clients and its dedication to multinational corporations operating in Canada. Over the forthcoming months, Lockton plans to share additional information as it builds its management team and enhances its local footprint and consulting capabilities.

About Stéphane Lespérance

Stéphane holds a robust background in risk management, having successfully developed and implemented insurance program strategies for large multinationals across various regions. His history with Aon Canada cemented his leadership ability, as he steadily advanced from one position to another. Additionally, he serves as the chair of the insurance board for the Canadian Insurance Institute and has pursued education in risk management at the Université du Québec à Montréal.

He has also completed executive training programs at the Kellogg School of Management at Northwestern University and at the Booth School of Business in Chicago. Outside of his professional commitments, Stéphane is a competitive triathlete and enjoys quality time with his family.

About Lockton

What sets Lockton apart is its dedication to independence. As a private firm, its 15,000 associates operating in over 160 countries focus solely on their clients' risk management and insurance needs. With world-class expertise, Lockton delivers the insights necessary to achieve measurable outcomes.

In Canada, Lockton operates under the name Lockton Brokers, ULC. For further information, visit www.lockton.com.