#Canada #Toronto #Lockton #Stéphane Lespérance

Lockton's Strategic Appointment of Stéphane Lespérance as CEO of Canadian Division

Lockton, the world's largest independent insurance broker, has made a significant move by appointing Stéphane Lespérance as the Chief Executive Officer of its newly established Canadian division. This decision emphasizes the company’s commitment to providing superior advisory support to Canadian businesses in risk management and employee benefits with a firm focus on client needs.

Stéphane Lespérance joins Lockton with nearly three decades of extensive experience in the insurance industry. Having worked for 24 years at Aon Canada in increasingly responsible roles, he served as the President from 2019 and later took on the position of President and CEO in 2025. His well-documented success in enhancing client service quality through the development and implementation of comprehensive risk management strategies for large international organizations across North America, Europe, and Asia makes him uniquely qualified to steer Lockton's growth in Canada.

Market Response and Strategy

According to Ron Lockton, the President and CEO of Lockton, Canada ranks among the top ten insurance markets globally. It presents a sophisticated economy with robust global connections, posing multifaceted and interrelated risks that businesses need to navigate. He highlighted that the independent structure of Lockton enables them to respond effectively to the distinct needs observed in the Canadian market.

Lespérance’s appointment represents the firm’s strategic approach to building a Canadian-led organization, designed to support businesses operating in a dynamic business environment characterized by rising risk management challenges and human capital solutions. Lockton intends to offer tailored assistance targeting medium to large enterprises that demand a personalized advisory model.

Insights from Lespérance

In his statement, Stéphane Lespérance emphasized the growing complexities Canadian businesses face - from uncertainties surrounding international trade and supply chains to cyber threats and increasing labor costs. This evolving landscape, alongside the urgency for climate resilience, necessitates a partnership with experts who understand these challenges deeply.

Lespérance also articulated the importance of Lockton’s independent model, saying it allows them to build a platform genuinely focused on client success and satisfaction. He is enthusiastic about forming a team of specialists who will strive for exceptional outcomes for their clients.

Future Developments

The launch of the Canadian division marks an important milestone in Lockton’s ongoing collaboration with Canadian clients and international companies trading in Canada. In the coming months, further announcements regarding the expansion of the leadership team in Canada, local market presence enhancement, and advanced advisory capabilities are anticipated.

In addition to his impressive professional background, Stéphane Lespérance is also known for his commitment to the community, serving as the chair of the Board of Governors at The Insurance Institute of Canada. His educational credentials include studies in risk management at Université du Québec à Montréal, along with managerial training at Kellogg School of Management and Booth School of Business.

Outside of professional commitments, Stéphane enjoys participating in triathlons and cherishes moments spent with his family.

Lockton's Operations in Canada

Lockton operates under the name Lockton Brokers, ULC in Canada, focusing on offering comprehensive risk management and insurance solutions tailored to the unique needs of the Canadian market. The firm's independent ownership structure empowers its over 15,000 associates in more than 160 countries to prioritize the needs of clients, providing them with expert insights necessary to achieve excellent results.

For more detailed information about Lockton and its services, visit www.lockton.com.